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United Kingdom: Property (Digital Assets) Act received Royal Assent and entered into force

Policy overview

Description

Property (Digital Assets) Act received Royal Assent and entered into force

On 2 December 2025, the Property (Digital Assets etc) Act 2025 received Royal Assent and entered into force on the same day. The Act establishes statutory provisions confirming that a thing, including one that is digital or electronic in nature, is not prevented from being the object of personal property rights merely because it is neither a thing in possession nor a thing in action.

Original source

Scope

Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government

Complete timeline of this policy change

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2024-09-11
under deliberation

On 11 September 2024, the UK government has introduced the Property (Digital Assets etc) Bill in Pa…

2024-11-19
in consultation

On 19 November 2024, the Special Public Bill Committee launched a consultation on the Property (Dig…

2024-12-20
processing consultation

On 20 December 2024, the Special Public Bill Committee closes a consultation on the Property (Digit…

2025-11-19
adopted

On 19 November 2025, the House of Commons passed the Property (Digital Assets etc) Bill at third re…

2025-12-02
in force

On 2 December 2025, the Property (Digital Assets etc) Act 2025 received Royal Assent and entered in…