The UK has issued an "ID card" for cryptocurrencies, and King Charles has signed a major move.

[Crypto World] The UK’s latest move is pretty bold—King Charles just signed the “Property (Digital Assets, etc.) Act,” which directly raises cryptocurrencies to the same legal status as houses and cars.

This act introduces a new category, listing digital assets like Bitcoin and Ethereum separately so they enjoy the same protections as traditional assets. From now on, if your coins are stolen, you can report it and get them back; if you pass away, they can be legally inherited; and there’s legal backing for property disputes. Previously, this area was a gray zone, and many people suffered losses quietly.

You should know that about 12% of adults in the UK now hold some crypto, which isn’t a low percentage. The government clearly wants to seize the initiative, since everyone globally is competing for the crypto hub spot. With the legal framework in place, financial institutions and project teams will naturally follow.

Honestly, this is a smart move. It’s neither an outright ban nor total neglect, but instead gives crypto a clear legal identity. For holders, it’s definitely good news—at least there’s no longer a legal vacuum to worry about.