After keeping us guessing for months, Miley finally addressed the engagement ring she's been wearing, and it may not mean exactly what you think.
Now, Miley has shed some light on her personal life and engagement to Liam.
"I think young people, in general, what we wear and what a relationship [is] and what a commitment means is very different to what tabloids like to make it mean," she told Ellen DeGeneres on her show.
"I think young people have a different idea of partnering and not thinking this necessarily means [that] this is going to have a legal document, signed and dated, because it's really sharing a life with someone and not about a legal paper that tells me anything. Even though I fought so hard for LGBTQ rights to be able to get married but I don't even really want to!"
However, on the engagement ring Miley has been spotted wearing this year, the 23-year-old singer and actress said it isn't really her style - but didn't deny that it is indeed an engagement ring!
"Most of my jewellery is made out of gummy bears and cotton candy," Miley said.
"They don't look that good together because they kind of mix up, so sometimes I replace it with an actual unicorn or a Looney Toon and he's kind of like, 'what's going on?' and I'm like, 'this isn't really my aesthetic but I'll wear it 'cos you love me.'"
Miley and Liam became engaged in 2012 after dating for two years. They split in 2013, but reunited this year.
Watch Miley on The Ellen Degeneres Show below: