Crypto Moves — Ethereum and Bitcoin rise; New rights for UK crypto assets 

RIYADH: Bitcoin, the leading cryptocurrency internationally, traded higher on Thursday, rising by 9.34 percent to $23,088.94 as of 8:00 a.m. Riyadh time.

Ethereum, the second most traded cryptocurrency, was priced at $1,635.92 rising by 13.92 percent, according to data from Coindesk.

UK legal body calls for new rights for crypto assets

The Law Commission proposed on Thursday that the UK should create a new class of private property law for cryptocurrencies, which can be used to make payments, Reuters reported.