In the first two instalments of our series we examined the progress of English law to provide a secure and certain legal infrastructure for cryptoasset investment and management. In particular, we looked at how recent English case law has addressed the following questions:

(1) Are cryptoassets property and (2) Can cryptoassets be held on trust? (see Part 1 here)  (3) Where are cryptoassets located for the purposes of securing jurisdiction over claims and remedies? (see Part 2 here).

In this third (and final) part of the series, we preview potential legal initiatives which are designed to continue building the legal infrastructure for digital assets in the UK, including initiatives such as the UK Law Commission’s Digital Assets Project and the UK Jurisdictional Taskforce’s (UKJT) Digital Dispute Resolution Rules. Read the third part of the series on our Blockchain and the Law blog.

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Photo of Steven Baker Steven Baker

Steven is a commercial lawyer who has a broad practice in international and domestic dispute resolution. He helps clients in English higher court proceedings and overseas.

Steven also has a large international arbitration practice with experience of a wide range of arbitral institutions…

Steven is a commercial lawyer who has a broad practice in international and domestic dispute resolution. He helps clients in English higher court proceedings and overseas.

Steven also has a large international arbitration practice with experience of a wide range of arbitral institutions, including HKIAC, ICC, LCIA, LMAA, UNCITRAL and SIAC.

Steven is ranked in the leading legal directories for commercial dispute resolution and banking litigation. He has been described in the directories as “a tremendous litigator – he is very clever and efficient and handles multiple clients well”, “very thoughtful, very into the detail, but equally takes a very commercial stance” and “very good at running complex commercial disputes, very bright and a pleasure to deal with”.

Over the past 30 years, Steven has been heavily involved in advising upon and resolving disputes in the technology, communications, defence, financial services and energy sectors.

Steven is also the co-author of a leading text on technology and outsourcing disputes (a 2nd edition now having been commissioned and due to be published in July 2023): IT Contracts and Dispute Management: A Practitioner’s Guide to the Project Lifecycle, published in March 2018 (Edward Elgar Publishing, ISBN: 9781784710118).

Photo of Julia Bihary Julia Bihary

Julia is the Pro Bono Counsel for the Firm’s London and Paris offices and leads the Firm’s Pro Bono and corporate social responsibility projects in these offices.

She has a background in Litigation, where she specialised in complex commercial litigation and arbitration matters…

Julia is the Pro Bono Counsel for the Firm’s London and Paris offices and leads the Firm’s Pro Bono and corporate social responsibility projects in these offices.

She has a background in Litigation, where she specialised in complex commercial litigation and arbitration matters and is a solicitor advocate with Higher Rights of Audience.

Julia participated in Proskauer’s Women’s Sponsorship Program, an initiative that champions high-performing mid-level and senior lawyers as emerging leaders.

She is fluent in English, Hungarian and German.