UK Parliament · Public Bill · No. 3766
Property (Digital Assets etc) Act 2025
[As Introduced]
A
BILL
to
The Property (Digital Assets etc) Act 2025 establishes legal frameworks for treating digital assets, such as cryptocurrencies, NFTs, online accounts, and digital files, as property under English law. It clarifies ownership rights, inheritance rules, and dispute resolution for digital assets, allowing them to be included in wills and estates. The Act also sets out protections for consumers and requirements for digital asset service providers (exchanges, wallets, platforms) to maintain records and facilitate access by estate administrators. This legislation modernizes property law to reflect the growing role of digital assets in people's financial lives.
Presented by Lord Ponsonby of Shulbrede
supported by Shabana Mahmood.
supported by Shabana Mahmood.
✓ Passed into lawPublicLords
Official Ballot · The People's Chamber
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The people's count68 votes
93% Aye · 637% No · 5
MPs' votePassed without division
No division called, Third Reading carried on the voices.
Bill passage
Commons
- 1st reading12 May 2025
- 2nd reading16 Jul 2025
- 3rd reading19 Nov 2025
Lords
- 1st reading11 Sept 2024
- 2nd reading13 Nov 2024
- Report stage30 Apr 2025
- 3rd reading8 May 2025
Royal Assent2 Dec 2025
