In the latest episode of our Inside Tech podcast, Dorothy Livingston, Andrew Moir and Charlie Morgan discuss the UKJT legal statement on cryptoassets and smart contracts and a recent decision from the English court, which builds upon the conclusions of the legal statement. Read more
The High Court has held that cryptoassets (in this case Bitcoin) can be treated as property under English law. As such, the owner of a cryptoasset can, in appropriate circumstances, avail itself of the various proprietary remedies that a court is able to grant. The practical significance here was that an insurer that had paid … Read more
The UK Jurisdictional Taskforce (UKJT) published a Legal Statement on 18 November 2019 concluding that there is no bar under English law for cryptoassets to have the legal status of property and for smart contracts to be legally binding. The UKJT is one of 6 taskforces under the Law Tech Delivery Panel (LTDP), a government–backed … Read more
