Law Commission of England and Wales Releases Paper on Crypto Ownership Rights, but Legal Uncertainties Remain

07/20 13:00

The Law Commission of England and Wales has been commended for its recent paper on crypto ownership rights, but it cannot solve all legal uncertainties in the industry. While some believe that applicable laws and regulations are enforced through the underlying code in digital asset transactions, the courts are sometimes necessary to recover assets lost to crypto hacks, frauds, and bankruptcy.
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