UKJT Legal Statement on Cryptoassets and Smart Contracts aims to give market confidence that England & Wales is a crypto-friendly jurisdiction

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