This article was originally published by TechCrunch.com.
Laws and regulations for digital assets tend to arrive either too early or too late. Too early, when they include details that turn out to be awkward or irrelevant when technology moves in a different direction. Too late, when they wait for certainty and meanwhile leave important areas unregulated and vulnerable to fraud.
The English Law Commission, in its final report on digital assets, proposes to solve this riddle with a new approach that might make the UK a jurisdiction of choice for DeFi and other digital asset structures.
