The Regulation Fee of England and Wales, an impartial guide agency for authorized reform initially commissioned by the parliament, has proposed a brand new class of property to embody digital belongings equivalent to bitcoin in a 549 page proposal.

How might this transformation the way in which the UK interacts with and acknowledges bitcoin, and why was it mandatory?

Within the UK there are presently two acknowledged types of property: issues in possession, and issues in motion.

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