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Cryptoassets and Smart Contracts – UK Offers Legal Clarity

Data Matters

Cryptoassets are not documents of title, documentary intangibles or negotiable instruments, nor are they instruments under the UK Bills of Exchange Act nor goods under the UK Sale of Goods Act. In this respect, 2019 was a productive year for regulators when it came to cryptoassets and blockchain/distributed ledger technology.

article thumbnail

Cryptoassets and Smart Contracts – UK Offers Legal Clarity

Data Matters

Cryptoassets are not documents of title, documentary intangibles or negotiable instruments, nor are they instruments under the UK Bills of Exchange Act nor goods under the UK Sale of Goods Act. In this respect, 2019 was a productive year for regulators when it came to cryptoassets and blockchain/distributed ledger technology.