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UK 'Property' Classification Boosts Confidence In Bitcoin

By Steven De Lara and Colin Grech ( April 17, 2020, 5:51 PM EDT) -- The English High Court has held that bitcoins are property that can be the subject of proprietary injunctions. This landmark decision was made in the course an interim application in support of efforts to recover a ransom payment made to hackers in bitcoins. Significantly, the judgment also endorsed much of the recent legal statement by the U.K. Jurisdiction Taskforce on cryptoassets and smart contracts....

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