According to @BullTheoryio, a new UK law reclassifies cryptocurrencies as legal property on par with stocks, real estate, and other assets, granting holders clear rights to own, inherit, recover, and treat crypto like regulated assets. According to @BullTheoryio, this change removes major legal uncertainty and enables crypto to be used more easily in estate planning, lending, and as collateral in regulated markets. According to @BullTheoryio, the clarification is expected to increase institutional comfort with crypto exposure and infrastructure participation. According to @BullTheoryio, crypto-backed property structures may become mainstream as the legal framework aligns with traditional asset treatment. According to @BullTheoryio, no statute name or official reference was provided in the report, and traders should monitor official UK releases for implementation specifics.

According to the source, an Indian court has barred WazirX from redistributing XRP and affirmed that cryptocurrency constitutes property, signaling enforceable ownership rights over digital assets. Source: the source provided by the user; pending official court docket publication. For trading, monitor XRP-INR order-book depth, bid-ask spreads, and 24h volumes on Indian exchanges to assess localized liquidity conditions if platform-level restrictions are active. Source: live exchange order books on Indian platforms such as WazirX and peers. Confirm scope and duration of any injunction via official filings to understand potential settlement and withdrawal impacts. Source: Indian eCourts Services and relevant High Court portals. Contextually, India already treats Virtual Digital Assets as taxable assets with a 30 percent tax on gains and 1 percent TDS on transfers, consistent with property-like treatment. Source: Government of India Finance Act, 2022.