# Property (Digital Assets etc) Act 2025

Legislation milestone: England and Wales now clarify in statute that digital assets can be treated as property for ownership, succession and certain legal proceedings. Useful for wills and probate — not for picking investments. Our estate guides explain practical steps; the enacted text is on legislation.gov.uk.

## What the Act changes

Before this Act, legal uncertainty existed about whether crypto could be 'property' for ownership and succession. The Act puts beyond doubt that certain digital assets fall within property law — helping courts, executors and solicitors handle estates consistently.

## Practical steps for holders

Update wills to mention crypto holdings and how beneficiaries can access keys or exchange accounts. Store recovery phrases securely and tell your executor where instructions live — not in the will itself.

## What it does not do

The Act does not regulate exchanges, set token prices, or replace tax reporting. CGT on disposals and Income Tax on staking or mining still apply.

## Sources

- [Primary source](https://www.legislation.gov.uk/ukpga/2025/5/contents/enacted)

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— Digital Assets UK (https://digital-assets.co.uk/news/digital-assets-act-2025/), reviewed 2025-02-01. Source: https://www.legislation.gov.uk/ukpga/2025/5/contents/enacted