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.