UK proposes law to recognise bitcoin as personal property

The UK Ministry of Justice today submitted to the UK Parliament a regulatory proposal that seeks to recognise cryptocurrencies, including Bitcoin, non-fungible tokens (NFTs) and tokenised carbon credits, as personal property. This legislation aims to offer legal protection to property owners and businesses against fraud and scams related to cryptocurrencies. According to the informed According…

Seven people under investigation in Singapore for providing Worldcoin services

Singapore police have launched an investigation into seven individuals accused of offering services related to the purchase and sale of accounts and tokens of the controversial Worldcoin cryptocurrency project. According to the statements According to the country’s Deputy Prime Minister, Gan Kim Yong, these activities are considered criminal under the Payment Services Act. The investigations…