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UK Needs Bespoke Legal Framework for Using Crypto as Collateral: Law Commission

The Commission, funded by the Ministry of Justice, also pushed for legislation to treat crypto as a new type of property in its latest set of recommendations.

By Sandali Handagama|Edited by Nikhilesh De

Updated Jun 28, 2023, 9:07 a.m. Published Jun 27, 2023, 11:01 p.m.

The U.K. Law Commission wants crypto and NFTs to attract property law rights (Reinaldo Sture/Unsplash)