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Disruptive Developments @20EssexStreet: View to the future: could the English court give judgments in Bitcoin?

In this Bulletin, Lawrence Akka QC and Henry Byam-Cook discuss Bitcoin as a currency or medium of exchange in trade. Recent headlines abound with stories about Bitcoin and other cryptocurrencies. These have been prompted to a large extent by their extreme volatility over the past 18 months. Further, because those stories are principally focused on people and institutions who are trading Bitcoin, a great deal of legal analysis has focused on legal mechanisms for how they can be recovered if a trade does not go through or if they are misappropriated — an analysis which often turns on whether Bitcoins can be classified as a form of property. The full 20 Essex Street Bulletin is attached.

 

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Bitcoin - View to the future - March 2018.pdf489.31 KB