Client Alert

Legal Statement on Cryptoassets and Smart Contracts: A Step in the Right Direction

The Computer & Internet Lawyer

14 Apr 2020
Reprinted with permission.

Yulia Makarova and Alistair Maughan authored an article for The Computer & Internet Lawyer discussing a recent legal statement from the U.K. Jurisdiction Taskforce — one of the six taskforces of the LawTech Delivery Panel, an industry-led group that is supporting the digital transformation of the U.K. legal services sector — on the status of cryptoassets and smart contracts under English Law, a “development which will help to move English law towards a clearer basis of recognition for cryptoassets and smart contracts as an asset class.”

“The statement is a welcome step forward in developing the legal thinking for the new advance technology that will hopefully continue in other professional, expert, and judicial fora,” the authors wrote.

Read the full article.

Close
Feedback

Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.