USDT attracts property rights as it can be the subject of tracing and can constitute trust property in the same way as other property, a judge in England declared.

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English High Court Rules Tether's USDT Stablecoin Counts as Property

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The UK High Court ruled that English law legally recognised Tether stablecoin USDT as property.

Coincu

Tether Stablecoin USDT Officially Recognized Legal Property Under UK Law

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The court ruled that USDT attracts property rights because it can be the subject of tracing and constitute trust property in the same way as other property. The UK government recently proposed a new classification for property that specifically covers cryptocurrencies. The ruling follows a case brought by Fabrizio D’Aloia, who said he was the victim of a cryptocurrency scam.  A UK High Court has ruled that Tether’s USDT stablecoin c…

NFTgators

UK High Court Rules Tether’s USDT Stablecoin Could Be Treated as Property

The High Court of England has ruled that the USDT stablecoin is considered property under English law, strengthening the legal recognition of cryptocurrencies. The case, initiated by Fabrizio D'Aloia, involved a scam where he transferred 2.5 million pounds sterling in USDT and USDC, but the complaint against Bitkub was dismissed. This decision comes in parallel with British legislative reforms aimed at clarifying the status of cryptocurrencies a…

La Haute Cour d'Angleterre a jugé que le stablecoin USDT est considéré comme une propriété selon la loi anglaise, renforçant la reconnaissance légale des cryptomonnaies. L'affaire, initiée par Fabrizio D’Aloia, concernait une escroquerie où il avait transféré 2,5 millions de livres sterling en USDT et USDC, mais la plainte contre Bitkub a été rejetée. Cette décision arrive en parallèle des réformes législatives britanniques visant à clarifier le…

Stablecoin : La Haute Cour d'Angleterre reconnait l'USDT en tant que propriété

Coin Academy

Stablecoin: The High Court of England recognizes USDT as a property

The English High Court has ruled that the stable currency USDT by Tether can be considered property, attracted by legal rights of traceability and fiat ownership, marking an important step for the regulation of cryptocurrencies in the United Kingdom (UK). Let's look at all the details in this article. Historical judgment of the Kingdom [...] The entry Tether's USDT stablecoin is recognized as private property was first published in The Cryptocur…

El Tribunal Superior inglés ha dictaminado que la moneda estable USDT por Tether puede ser considerado propiedad, atraídos por los derechos legales de trazabilidad y propiedad fiduciaria, lo que marca un paso importante para la regulación de las criptomonedas en el Reino Unido (RU). Veamos todos los detalles en este artículo. Sentencia histórica del Reino […] La entrada La stablecoin USDT de Tether es reconocida como propiedad privada se publicó…

La stablecoin USDT de Tether es reconocida como propiedad privada - La Criptomoneda

La Criptomoneda

Tether's USDT stablecoin is recognized as private property - The Cryptocurrency

A recent ruling designates Tether (USDT) as property, reflecting shifting regulatory frameworks within the United Kingdom...

AMBCrypto

UK High Court classifies Tether USDT as ‘property’ in landmark ruling

The post UK Court Drops Bombshell: USDT Declared Property Under English Law appeared first on Coinpedia Fintech News High Court of Justice for England and Wales has ruled that Tether’s USDT stablecoin qualifies as property under English law. This decision comes right after the UK government proposed new laws to classify cryptocurrencies as property.  Judge Richard Farnhill ruled that USDT can be traced and treated like traditional assets. The ca…

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UK Court Drops Bombshell: USDT Declared Property Under English Law

UK High Court designates Tether's USDT as property, paving the way for digital assets under English law. Farnhill rules USDT as property; D'Aloia's fraud case prompts landmark decision on cryptocurrency tracing. Legal precedent set as UK court recognizes USDT stablecoin as property, aligning with new crypto legislation.  Tether's USDT stablecoin has been officially defined as property in a significant verdict by the High Court of Justice of Engl…

Crypto News Land

UK High Court Declares Tether's USDT as Property Following New Legislation

The English High Court has ruled that the stablecoin USDT by Tether can be considered property, attracted by the legal rights of traceability and fiduciary property, marking an important step for the regulation of cryptocurrencies in the United Kingdom (UK). Let's see all the details in this article. Historic decision by the United Kingdom: the Tether stablecoin is [...] The article Tether's USDT stablecoin recognized as owner appeared first on …

La Haute Cour anglaise a statué que le stablecoin USDT par Tether peut être considéré propriété, attirés par les droits légaux de traçabilité et de propriété fiduciaire, marquant une étape importante pour la réglementation des crypto-monnaies au Royaume-Uni (UK). Voyons tous les détails dans cet article. Décision historique du Royaume-Uni : le stablecoin Tether est […] L’article Le stablecoin USDT de Tether reconnu comme propriétaire est apparu …

Le stablecoin USDT de Tether reconnu comme propriétaire - La Crypto Monnaie

La Crypto Monnaie

Tether's USDT stablecoin recognized as owner - The Cryptocurrency

TLDR: 
UK High Court ruled Tether (USDT) is legally property under English law First full trial judgment on cryptocurrency’s legal status in UK Ruling aligns with recent UK bill clarifying crypto as “personal property” Case involved tracing stolen crypto through exchanges and mixers Court acknowledged USDT can be traced in mixed pools, but evidence was insufficient in this case   The United Kingdom High Court has made a groundbreaking decision, …

English High Court Rules Tether's USDT Stablecoin Counts as Property

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