The Property (Digital Assets etc) Act 2025 of the UK has received royal assent, meaning that cryptocurrencies and stablecoins are now officially classed as personal property under UK law.
Until now, digital‑asset ownership in the United Kingdom has existed mostly in legal grey areas. Courts had sometimes treated certain crypto tokens as property, but there was no clear statutory foundation.
With this new law, digital assets join existing property categories. That means crypto holders now gain explicit, legally recognised rights. These include ownership rights, the ability to recover stolen assets, inheritance treatment, insolvency claims, and a clearer legal status when disputes arise.
What this means in practice
For users and institutions alike, the law delivers tangible benefits. Crypto now carries the same legal protections as traditional assets. That means courts can treat crypto wallets as property holdings, enforce rights in fraud or theft cases, and allow crypto to be included in estate, insolvency, or divorce proceedings just like any other asset.
Because the legislation does not attempt to define exactly which digital assets qualify, each token or asset will be judged by courts according to its characteristics.
Experts view the law as a milestone: it embeds digital‑asset ownership into the legal framework rather than leaving decisions solely to individual court rulings. This should reduce uncertainty, lower legal risk for investors, and encourage broader adoption of crypto and related technologies.
What this means for Sui
For blockchain ecosystems such as Sui, the UK’s decision may serve as a signal to users and developers that digital tokens now enjoy legitimate legal status in important jurisdictions.
Tokens built on Sui, should they be held, transferred, or sold by UK residents, may benefit from the same protections as traditional property. That could bolster confidence in Sui‑based projects targeting UK users.
Moreover, as courts will assess tokens individually, Sui projects with clearly defined ownership, fungibility, and traceable smart‑contract records stand to benefit more. In summary, with the new UK property law covering digital assets, Sui tokens and other blockchain‑native assets now stand on firmer legal ground, paving the way for wider acceptance and clearer rights for holders.
