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The UK High Court has ruled that Tether's USDT stablecoin is considered property
A British judge said USDT has property rights because it can be the subject of tracing and can constitute trust property like any other property. The day after the UK government began legislating on the status of cryptocurrencies, the High Court of England and Wales ruled that Tether's USDT stablecoin could be considered property. High Court Associate Justice Richard Farnhill said in court papers filed on Thursday: "The USDT has property rights under English law.
2024-09-14 03:21:14
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