Wikileaks founder Julian Assange was granted bail on Tuesday in a London court, but the police will keep his passport and he'll have to wear an electronic tag, according to the BBC.

Assange will also have to adhere to a curfew, which will be monitored via the tagging device.

Swedish prosecutors who issued the arrest warrant in order to question Assange on charges relating to sex crimes will appeal the bail ruling, and have two hours to do so. In the meantime, Assange will remain in custody.

A number of celebrities have committed to contributing to Assange's bail, which was set at £200,000 (US$320,000) in Westminster Magistrates Court.

A full extradition hearing is expected in eight to ten weeks, while the extradition process could drag out for a year.

Assange turned himself in to UK police last week after Sweden issued a warrant for his arrest. He is wanted for questioning related to sex crimes by two women whom Assange admits having sexual relations with in August.

Assange has been imprisoned since 7 December when the Westminster Magistrates Court denied him bail, saying he was a flight risk due to his frequent travelling and loose ties to the UK. Assange gave a post office box address in Australia when asked for a point of contact.

Assange and his legal team have stated they believe the Swedish prosecutors' pursuit is tied to Wikileaks' release of US diplomatic cables, which angered the US government but drew praise from others.

US Attorney General Eric Holder is investigating Assange and Wikileaks. It has been suggested the US could file charges against him under the Espionage Act.

The secret documents are believed to have come from Private First Class Bradley E. Manning, who has been charged by the US Army with mishandling and transferring classified information in connection with the cables and a video of an Apache helicopter shooting civilians in Iraq.