UK Judicial Working Group Report: Encrypted Assets are Property

Geoffrey Vos, Dean of the UK High Court, recently issued a landmark legal statement stating that crypto assets will be considered tradable assets. The UK Justice Task Force recently issued a legal statement that addresses the legal uncertainty of digital assets and smart contracts. The group is led by Vos, and the Chancellor of the Exchequer is pleased with the clarity of this asset. "Legally, crypto assets and smart contracts are undoubtedly the future," he said. "I hope this legal statement will provide much-needed market confidence, legal certainty and the need for the technical and legal community and the critical areas of the global financial services industry. Predictability."