The use of blockchain continues to grow at a rapid pace. More enterprises are looking at, or already using it in their business to improve efficiencies and in some cases as a replacement for traditional systems, such as managing supply chains, shipping, logistics, finance or in traceability, for example to prove the provenance of goods. Some governments are even exploring the issue of national digital currencies, which would be based on a blockchain.Learn more : b3i.tech
A key focus for the future of blockchain technology will be how it intersects with existing law and regulations. Our expertise in the field has been proven through a number of high profile cases that have helped to shape and define the legal landscape.
Blockchain and Crypto Experts
We can assist individuals and businesses at all stages of their blockchain journey. Our work in this area spans everything from the sale of cryptoassets, including ICOs, to advising on the implications for the regulation of such assets in the UK.
In addition, we can provide advice on the regulatory issues that arise from the use of blockchain technologies for both business and private clients, whether they are operating as a cryptoasset service provider or are subject to the prospectus regime or consumer protection laws. We can also advise on the onerous registration requirements imposed by the FCA for cryptoasset services providers.
In addition, we have formed working groups to explore a range of potential solutions for the regulation of cryptoassets in the UK. This is a great way for our members to engage with fellow industry peers and influence the direction of the sector and will help to drive best practice and support the UK’s competitiveness in this rapidly evolving sector.