Cryptoassets and Smart Contracts – UK Offers Legal Clarity
Data Matters
DECEMBER 4, 2019
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. 7 For example, of the type hypothesized by Ian Grigg (i.e., 6 In such cases, the ordinary rules of English contract law would apply.
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