UK Jurisdiction Taskforce: The LawTech Delivery Panel Legal statement on cryptoassets and smart contracts
29 November 2019
The UK Jurisdiction Taskforce carried out a consultation earlier this year to identify the key questions that needed to be answered about English law's approach to cryptoassets and smart contracts. Following input from relevant stakeholders, including Allen & Overy, UKJT published its legal statement on the 18th November 2019.
The report was described by Sir Geoffrey Vos, the Chancellor of the High Court, as a "watershed" and something that no other jurisdiction had attempted. The objective of the consultation has been to afford "market confidence and a degree of legal certainty".