UK: COURT OF APPEAL TO CONSIDER CRYPTO ‘DUTY OF CARE’

On 15 August, the Law Society Gazette reported that the question of whether developers of cryptocurrencies and other blockchain-based assets owe a duty of care to investors in their products is to be examined in the Court of Appeal.  It also mentioned that a Law Commission consultation on legal assets opened last month but does not specifically address the duty of care issue.

https://www.lawgazette.co.uk/law/court-of-appeal-to-consider-crypto-duty-of-care/5113426.article

https://coingeek.com/uk-court-of-appeal-to-hear-tulip-trading-case-on-legal-duties-owed-by-blockchain-developers/

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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