Tag: crypto

1
UK Cryptoassets Taskforce meets for first time
2
Understanding the Effect of Wyoming’s Blockchain and Cryptocurrency Legislation

UK Cryptoassets Taskforce meets for first time

By Jonathan Lawrence

The first meeting of the UK’s new Cryptoassets Taskforce took place on 21 May 2018. First announced in April 2018 by the Chancellor of the Exchequer as part of the UK government’s Fintech Sector Strategy, the Taskforce is a central part of the government and financial regulators’ efforts to understand and engage with the implications of new technologies in financial services. At the first meeting, the Taskforce agreed its objectives, which include:

  • exploring the impact of cryptoassets;
  • the potential benefits and challenges of the application of distributed ledger technology in financial services; and
  • assessing what, if any, regulation is required in response.

Read More

Understanding the Effect of Wyoming’s Blockchain and Cryptocurrency Legislation

By Carl E. VolzEden L. RohrerJudith E. RinearsonJeremy M. McLaughlin and Daniel S. Cohen

March was a busy month in the blockchain and cryptocurrency space for the Wyoming state government.  The legislature passed, and the governor signed, five bills that many in the industry view as favorable to blockchain and cryptocurrency businesses.  While the bills provide some beneficial clarity in this space and may attract businesses to the state, the scope and effect of some of the bills is limited.  Accordingly, it is important that industry participants fully understand what the new Wyoming laws address, and, perhaps more importantly, what they do not.

Please see our latest thinking here for a full discussion of Wyoming’s new blockchain and cryptocurrency legislation.

Copyright © 2023, K&L Gates LLP. All Rights Reserved.