XRP gets legal recognition as 'property'
Yahoo Finance·2025-11-07 17:48
Can you call your digital assets “property”? For many countries, cryptocurrencies and tokens still occupy a regulatory gray area as governments continue to understand how these assets function. However, some nations have taken decisive steps toward legal clarity by recognizing crypto as property. Classification of digital assets as "property" strengthens ownership rights and brings them under existing tax frameworks. In the United States, the Internal Revenue Service (IRS) treats virtual currencies like ...