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
Assertive regulators are bringing greater clarity and new challenges as they step up oversight of fintech innovation.
As the fast-growing fintech industry thrives, the sector has begun to attract greater regulatory...more
Latham & Watkins Technology Transactions Partner Christian McDermott introduces the basics of non-fungible tokens (NFTs) in this short infographic video. In particular, he addresses the following questions:
What are NFTs?...more
Beyond creative works and consumer products, NFTs open up new avenues for IP monetisation in the technology, life sciences, and pharmaceutical industries.
Non-fungible tokens (NFTs), one-of-a-kind cryptoassets stored on...more
6/25/2021
/ Anti-Money Laundering ,
Blockchain ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
EU ,
Know Your Customers ,
Life Sciences ,
MiFID ,
Non-Fungible Tokens (NFTs) ,
Technology Sector ,
Token Sales ,
UK
An NFT is a special, one-of-a-kind digital asset that raises a number of novel legal questions.
Earlier this month, a blockchain firm bought a US$95,000 print by the British street artist Banksy, only to burn it in a...more
3/19/2021
/ Artists ,
Blockchain ,
Collateral ,
Cryptocurrency ,
Digital Assets ,
Digital Marketplace ,
Ethereum ,
Intellectual Property Protection ,
IP License ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Royalties
The paper identifies potential gaps in protections for consumers, with a focus on consumer-to-business payments via the Faster Payments System.
In November, Pay.UK, the retail payments authority, released a summary paper...more