The Court held that software developers do not owe a duty of care to bitcoin owners who lost their private keys.
In Tulip Trading Ltd (TTL) v. Bitcoin Association for BSV and others, TTL claimed that personal computers of...more
5/31/2022
/ Bitcoin ,
Corporate Counsel ,
Cryptocurrency ,
Digital Assets ,
Duty of Care ,
Fiduciary Duty ,
Hackers ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Software Developers ,
UK
Although still actively developing, current UK policy thinking in relation to cryptocurrencies was set out by the UK Cryptoassets Taskforce in its Final Report (the “Taskforce Report”), published in October 2018.
The...more
11/19/2019
/ Banking Sector ,
Blockchain ,
CFTC ,
Cryptocurrency ,
Custody ,
Digital Assets ,
Financial Services Industry ,
General Data Protection Regulation (GDPR) ,
Income Taxes ,
Popular ,
Regulatory Requirements ,
Smart Contracts ,
UK
FCA warns providers of cryptocurrency derivatives of their regulatory obligations.
The UK Financial Conduct Authority (FCA) has issued a statement reminding businesses offering cryptocurrency derivatives of the requirement...more