Cryptoassets and smart contracts are the subject of a consultation launched last week by the UK Jurisdiction Taskforce, chaired by Sir Geoffrey Vos, chancellor of the High Court. It seeks views on perceived legal uncertainties about their status. Responses will help inform an authoritative legal statement designed to increase investor confidence. Vos said: ‘Mainstream investors still need to be convinced that their legal rights can be protected when they trade in cryptoassets and enter into smart contracts.’ The ‘Cryptoassets, DLT and smart contracts’ consultation, on the Law Society website, closes on 21 June.
15 May 2019
Blockchain technologies under review
MOVERS & SHAKERS
Bell Yard Kysen—Liz Giles
Bell Yard Kysen appoints senior legal PR and ex-government communications adviser, Liz Giles
Clarke Willmott—Lee Edwards
Clarke Willmott boosts Southampton commercial property team with addition of partner Lee Edwards
Lime Solicitors—four promotions
Lime Solicitors announces four promotions
NEWS
The Attorney General, Ellie Reeves KC MP, and Solicitor General, Andy Slaughter KC MP, marked the 25th anniversary of Pro Bono Week by joining lawyers, charities, students and parliamentarians at events celebrating voluntary legal work
A polished legal defence may owe more to artificial intelligence than legal merit—and creditors risk paying the price in delay and expense
Witness evidence can be compromised by AI before a solicitor sees the draft, leaving safeguards focused on authorship incomplete
Should a conviction stand when a later ruling reveals that the law underpinning it was wrong? The answer exposes a clash between finality and justice
The Environment Agency can prosecute offences beyond environmental legislation where proceedings support its statutory functions, the Divisional Court has confirmed
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