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UK Law Commission – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Fri, 12 Jul 2024 07:53:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png UK Law Commission – DIGIT INFO https://www.digit.info 32 32 UK Law Commission sees no need for DAO-specific legal entity https://www.digit.info/uk-law-commission-sees-no-need-for-dao-specific-legal-entity/ Fri, 12 Jul 2024 07:53:43 +0000 https://www.digit.info/uk-law-commission-sees-no-need-for-dao-specific-legal-entity/

The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks.

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UK Law Commission Seeks Evidence on DAOs — Expert Says ‘New Legal Forms Are Required’ https://www.digit.info/uk-law-commission-seeks-evidence-on-daos-expert-says-new-legal-forms-are-required/ Sat, 19 Nov 2022 07:30:26 +0000 https://www.digit.info/2022/11/19/uk-law-commission-seeks-evidence-on-daos-expert-says-new-legal-forms-are-required/ Read more]]> The United Kingdom Law Commission recently asked experts and users to participate in a ten-week exercise whose objective is to help the commission better understand how decentralized autonomous organizations (DAOs) operate. A blockchain expert says the commission’s call shows that the U.K. is “leading the way in thinking and developing the law and other institutions […]

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UK Law Commission expects ‘substantial impact’ from digital asset law review https://www.digit.info/uk-law-commission-expects-substantial-impact-from-digital-asset-law-review/ Wed, 19 Oct 2022 14:49:42 +0000 https://www.digit.info/2022/10/19/uk-law-commission-expects-substantial-impact-from-digital-asset-law-review/

Legal jurisdictional issues relating to cryptocurrencies and digital assets have necessitated a law reform project sponsored by the Ministry of Justice.

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Law Commission for England and Wales proposes reforms for digital assets https://www.digit.info/law-commission-for-england-and-wales-proposes-reforms-for-digital-assets/ Thu, 28 Jul 2022 09:40:47 +0000 https://www.digit.info/2022/07/28/law-commission-for-england-and-wales-proposes-reforms-for-digital-assets/

The U.K. Law Commission called for cryptocurrencies and digital assets to be classed as “data objects” in new reforms aimed at fostering growth and legal protection.

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