Crypto
UK court tested on whether bitcoin loans must be repaid in bitcoin
A British court has reaffirmed its existing view that bitcoin is property under English law, but it has not ruled on whether it can order a debtor to return bitcoin itself rather than pay its value in pounds. The issue arose in the Hussein v. Fix case in London over a claim for repayment of 7.8 bitcoin. Lawyers say contract wording may be decisive, given bitcoin price volatility and unclear enforcement standards.