UK Court Drops Bombshell: USDT Declared Property Under English Law

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 case, involving a cryptocurrency … source: https://coinpedia.org/crypto-live-news/uk-court-drops-bombshell-usdt-declared-property-under-english-law/