Speech by HHJ Pelling KC: Issues in Crypto Currency Claims – Courts and Tribunals Judiciary

Posted December 11th, 2023 in cryptocurrencies, fraud, judges, news, speeches by tracey

‘Speech by HHJ Pelling KC: Issues in Crypto Currency Claims.’

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Courts and Tribunals Judiciary, 7th December 2023

Source: www.judiciary.uk

UK to legislate for cryptoasset regulatory regime – OUT-LAW.com

‘The UK government has confirmed that it will legislate for a new regulatory framework for cryptoassets.’

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OUT-LAW.com, 31st October 2023

Source: www.pinsentmasons.com

Anonymous litigant barred from bitcoin costs challenge – Law Society’s Gazette

Posted September 21st, 2023 in anonymity, costs, cryptocurrencies, news by sally

‘The absence of a specific procedure rule requiring a paying party’s name and address in costs assessment proceedings does not permit the party to conceal their identity from the court, an appeal judge has ruled.’

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Law Society's Gazette, 20th September 2023

Source: www.lawgazette.co.uk

Financial Services and Markets Act 2023: Financial promotions and cryptoassets – Mills & Reeve

Posted August 25th, 2023 in brexit, chambers articles, cryptocurrencies, financial regulation, news by sally

‘The Financial Services and Markets Act 2023 (FSMA 2023) has recently come into force, having received Royal Assent on 29 June 2023. It’s a significant piece of legislation which will introduce some fundamental changes to UK’s post-Brexit and regulatory landscape.’

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Mills & Reeve, 24th August 2023

Source: www.mills-reeve.com

Law Commission digital asset proposals ‘reassuring’ – OUT-LAW.com

Posted August 10th, 2023 in cryptocurrencies, Law Commission, news, reports by tracey

‘Law Commission proposals for how digital assets should be treated in English common law are “reassuring” and will help eliminate uncertainty over their legal status, according to two legal experts.’

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OUT-LAW.com, 9th August 2023

Source: www.pinsentmasons.com

Cryptocurrency: 11 members of £5m drugs gang jailed – BBC News

‘Eleven members of a drugs gang have been jailed for a multi-million pound cocaine and money laundering operation.’

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BBC News, 30th July 2023

Source: www.bbc.co.uk

Cryptocurrency: Four members of £5m drugs gang jailed – BBC News

‘A drugs gang have been jailed for a multimillion pound operation which laundered profits in cryptocurrency.’

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BBC News, 27th July 2023

Source: www.bbc.co.uk

Speech by HHJ Pelling KC: Issues in Crypto Currency Fraud Claims – an update – Courts and Tribunals Judiciary

Posted July 3rd, 2023 in cryptocurrencies, fraud, judges, Law Commission, news by tracey

‘Speech by HHJ Pelling KC: Issues in Crypto Currency Fraud Claims – an update.’

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Courts and Tribunals Judiciary, 28th June 2023

Source: www.judiciary.uk

New recommendations for reform and development of the law on digital assets to secure UK’s position as global crypto hub – Law Commission

‘The Law Commission of England and Wales has today published recommendations for reform and development of the law relating to digital assets.’

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Law Commission, 28th June 2023

Source: www.lawcom.gov.uk

Digital assets: call for legislation to protect third category of ‘thing’ – Law Society’s Gazette

Posted June 29th, 2023 in cryptocurrencies, Law Commission, news, reports by sally

‘A third legal category of personal property – alongside the existing “things” (choses) of possession and action – should be formally recognised to cope with the world of cryptocurrencies and non-fungible tokens, the Law Commission recommends today.’

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Law Society's Gazette, 28th June 2023

Source: www.lawgazette.co.uk

FCA proposes tougher rules for cryptoasset marketing – OUT-LAW.com

Posted June 16th, 2023 in advertising, cryptocurrencies, financial services ombudsman, news by tracey

‘The UK Financial Conduct Authority (FCA) has set out new rules on how cryptoasset firms can advertise their products, including a cooling-off period for first time investors.’

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OUT-LAW.com, 15th June 2023

Source: www.pinsentmasons.com

NFTs: Blockchain technology and the legal framework – Law Pod UK

Posted June 14th, 2023 in cryptocurrencies, news, podcasts by sally

‘Robert Kellar KC in conversation with Victoria Waters, library learning advisor at the Bristol campus of the University of Law.’

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Law Pod UK, 12th June 2023

Source: audioboom.com

Crypto ads will need to carry risk warnings under new UK rules – The Guardian

Posted June 8th, 2023 in advertising, cryptocurrencies, financial regulation, news by tracey

‘Crypto firms must warn customers they should not expect protection if their investment goes wrong and introduce a “cooling off” period for first-time investors, under new rules imposed by the UK financial watchdog.’

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The Guardian, 8th June 2023

Source: www.theguardian.com

Cryptoassets should be regulated as gambling, say MPs – OUT-LAW.com

Posted May 19th, 2023 in cryptocurrencies, gambling, news, regulations, select committees by tracey

‘Bitcoin, Ether and other “unbacked” cryptoassets should be subject to gambling, not financial services, regulation, a prominent committee of UK MPs has said.’

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OUT-LAW.com, 18th May 2023

Source: www.pinsentmasons.com

‘Volatile’ cryptocurrency trading should be regulated as gambling, says treasury committee – The Independent

Posted May 17th, 2023 in cryptocurrencies, gambling, news, regulations, select committees by sally

‘Consumer cryptocurrency trading should be regulated as gambling, the treasury committee has urged.’

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The Independent, 17th May 2023

Source: www.independent.co.uk

Bitcoin Security: Should Developers Be Held Liable? – 3PB

Posted March 31st, 2023 in appeals, chambers articles, cryptocurrencies, fiduciary duty, news by sally

‘Most of us have experienced the sense of frustration and helplessness when losing a purse or wallet. Imagine your wallet was digital, and contained $4 billion in assets. Now imagine the device which held your wallet containing $4 billion in assets was hacked, and your assets disappeared into the ether.’

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3PB, 2nd March 2023

Source: www.3pb.co.uk

English law can accommodate blockchain share-dealing – Law Society’s Gazette

Posted February 24th, 2023 in company law, cryptocurrencies, news, shareholders by sally

‘Requirements under the Companies Act are not necessarily a barrier to company shares being held and traded on a blockchain of encrypted digital code, according to a government-backed panel of experts. In its latest statement of the law relating to innovations in the crypto economy, the UK Jurisdiction Taskforce concludes that English law is well equipped to deal with digital securities such as bonds and shares.’

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Law Society's Gazette, 22nd February 2023

Source: www.lawgazette.co.uk

NFTs ruling shows courts ahead of legislators on question of crypto property law – OUT-LAW.com

Posted February 7th, 2023 in constructive trusts, cryptocurrencies, fraud, news, service by sally

‘A recent ruling by the High Court in London highlights the willingness of the UK courts to apply pragmatic thinking to novel questions of law as it applies to digital assets, an expert has said.’

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OUT-LAW.com, 6th February 2023

Source: www.pinsentmasons.com

Government promises robust crypto regulation – BBC News

Posted February 1st, 2023 in cryptocurrencies, financial regulation, government departments, news by sally

‘The government is announcing measures to “robustly” regulate the cryptocurrency industry.’

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BBC News, 31st January 2023

Source: www.bbc.co.uk

Pseudonymous claimant debarred from proceedings – Law Society’s Gazette

Posted November 28th, 2022 in anonymity, civil procedure rules, copyright, costs, cryptocurrencies, internet, news by tracey

‘The operator and publisher of a website is not entitled to participate in court proceedings under the pseudonym “Cøbra” – even with legal representation, the High Court has ruled. In Wright v Persons Unknown, Costs Judge Rowley agreed to bar “Cøbra” from costs proceedings arising from a copyright case unless it identifies itself and provides an address.’

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Law Society's Gazette, 25th November 2022

Source: www.lawgazette.co.uk