Cryptocurrency in divorce.

Cryptocurrency is considered property similar to savings, shares, or bank accounts. In England and Wales, it is treated like any other asset that can be divided, transferred, or liquidated between parties as part of a divorce settlement.

As cryptocurrency is a recognised form of property, divorcing couples have an obligation to disclose any crypto assets in their Form E and Form D81.

A person with cryptocurrency should provide details of the trading accounts, wallets, public keys, and an up to date and accurate valuation. It is important to be aware of potential tax consequences when dividing or liquidating crypto assets.