Legal statement on cryptoassets and smart contracts A landmark statement issued on Monday 18th November 2019, by the UK Jurisdiction Taskforce of the Lawtech Delivery Panel, has concluded that cryptoassets can be recognised as tradable property, and smart contracts constitute enforceable agreements under English Law. The statement brings much desired legal certainty and clarifies the...Read More
Tech Nation event – UK Tech on the Global Stage Report 2019 On Wednesday 17th July, we attended an event at Tramshed Tech in Cardiff, showcasing Tech Nation’s 2019 report “UK Tech on the Global Stage”. Tech Nation provides help and support to tech entrepreneurs across the UK through various initiatives such as growth programmes,...Read More
FCA closes in on UK crypto regulation clarity The UK is close to producing its much awaited guidance on the regulatory treatment of crypto assets which use distributed ledger technology. The UK’s regulatory watchdog, the Financial Conduct Authority (FCA) intends to publish a policy statement in a matter of weeks outlining its final guidance. This...Read More
Stablecoins are on the rise. Their emergence is a logical progression in the development of crypto assets. They intend to provide the value backing, lower volatility and trustworthiness of fiat currencies with the ease of transfer and low transactional costs of cryptocurrencies.Read More
Over the last 12 months various jurisdictions around the world have introduced regulatory clarifications around distributed ledger technology (DLT) and the various forms of cryptoassets and activities that use this versatile technology.Read More
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