31 Mar 2022 Risky Business - PRA sets out expectations on firms engaging in cryptoasset activities By Tim Fosh Last week the PRA published a letter directed to the CEOs of banks and PRA-designated investment firms regarding their exposures to...
31 Mar 2022 Cryptoassets and financial stability: BoE outlines key risks and approach By David Kasal In a new report published last week, the Financial Policy Committee (FPC) of the Bank of England began formalising its position on the...
07 Feb 2022 Cryptoasset promotions: sweat the small stuff By Elizabeth George The FCA has published a consultation paper setting out its approach to strengthening its financial promotion rules for high risk...
19 Jan 2022 Crypto: Promo Go Slow By Tim Fosh What feels several lifetimes ago in the world of crypto, in July 2020, HM Treasury published a consultation on bringing cryptoassets into...
07 Dec 2021 UK Law Commission confirms flexibility of the common law to accommodate smart legal contracts By Georgina Hoy Last week, the UK Law Commission (the "Commission") published its much anticipated advice to the Government on the application of the...
10 Nov 2021 UK CBCD? Still TBC By Tim Fosh Yesterday John Glen, the economic secretary to the Treasury, made a statement on the progress made regarding the development of a UK...
02 Nov 2021 Blockchain and ESG - Legal 500 Blockchain UK Chapter Published By Emily Bradley The Legal 500 Blockchain UK chapter for 2021—contributed by Slaughter and May—has been published. For the first time, this year's chapter...
14 Oct 2021 Is crypto a risk to financial stability? By Emily Bradley Do cryptoassets pose a risk to the stability of the UK's financial system? In a speech published on 13 October, Sir Jon Cunliffe, Deputy...
26 May 2021 A Digital Picture is Worth a Thousand Ether: NFTs and Digital Art By Ian Ranson Recent months have seen an explosion in the popularity (and value) of non-fungible tokens (NFTs). An NFT is a unique (non-fungible)...
18 May 2021 NFTs – “pegging value to virality”? By Charles MacRae Are they the next big thing or is it all hype? Will they revolutionise the art world or destroy it? Whatever your view, non-fungible...
12 Apr 2021 Taxing Tokens By Victoria Hine The last few weeks have seen a number of cryptoasset milestones reach the mainstream press - in that context it is perhaps a tad...
15 Mar 2021 Expanding the legal foundations: UKJT consults on new rules for cryptoasset and smart contract disputes By Samantha Holland The UK Jurisdiction Taskforce (UKJT) has publicly consulted on draft new Digital Dispute Resolution Rules that can be incorporated into...
15 Oct 2020 FSB pronounces on regulation of stablecoins By Tim Fosh On Monday the Financial Stability Board (FSB) published its final report and high level recommendations on the regulation, supervision...
08 Oct 2020 FCA calls time out for cryptoasset investments By Emily Bradley On 6 October 2020 the FCA published a Policy Statement (PS20/10) prohibiting the sale to retail clients of certain investment products...
14 Jul 2020 Putting the "order" into cross-border payments By Tim Fosh It's been just over a year since Libra, the stablecoin concept seeded by Facebook and developed with a consortium of financial...
14 Apr 2020 How do you ensure that stablecoins don't undermine global stability? By Tim Fosh The announcement of Libra, the stablecoin effectively established by Facebook, in June last year took many global regulators by surprise....