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Iain Young discusses the emerging legal landscape of digital assets in England & Scotland

NLJ serves up a double helping of crypto this week. First, Andrew Bird KC takes a detailed look at the powers to freeze and destroy digital assets. Next up, Iain Young covers the legal landscape of crypto in Scotland & England

The state now recognises that cryptoassets are being used to trade & hold the proceeds of crime. Andrew Bird KC examines the new regulatory powers

London resident Olumide Osunkoya has been charged with unlawfully running multiple crypto ATMs, in the Financial Conduct Authority’s first criminal prosecution regarding unregistered cryptoasset activity

Could the Labour government usher in a new era for digital assets, ask Keith Oliver, head of international, and Amalia Neenan FitzGerald, associate, Peters & Peters, in this week’s NLJ

Will the Labour government usher in a new era for digital assets? Keith Oliver & Amalia Neenan FitzGerald consider the evidence
Criminals love them, but now enforcement agencies have the statutory tools to fight back, writes Nick Barnard

There’s a double bill of tech in this week’s NLJ. Ian McDougall, EVP & general counsel, LexisNexis Legal & Professional, sets out what lawyers need to know about artificial intelligence (AI). Nick Barnard, partner, Corker Binning, reports on new legislative tools being used by enforcement agencies to seize, freeze or destroy cryptoassets

The Law Commission has launched a call for evidence on jurisdiction issues in relation to electronic trade documents and digital assets such as crypto-tokens

Sam Healey explores the legal liabilities of crypto platforms in digital transactions
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MOVERS & SHAKERS

Freeths—Ruth Clare

Freeths—Ruth Clare

National real estate team bolstered by partner hire in Manchester

Farrer & Co—Claire Gordon

Farrer & Co—Claire Gordon

Partner appointed head of family team

mfg Solicitors—Neil Harrison

mfg Solicitors—Neil Harrison

Firm strengthens agriculture and rural affairs team with partner return

NEWS
Conveyancing lawyers have enjoyed a rapid win after campaigning against UK Finance’s decision to charge for access to the Mortgage Lenders’ Handbook
The Crown Prosecution Service (CPS) has launched a recruitment drive for talented early career and more senior barristers and solicitors
Regulators differed in the clarity and consistency of their post-Mazur advice and guidance, according to an interim report by the Legal Services Board (LSB)
The dangers of uncritical artificial intelligence (AI) use in legal practice are no longer hypothetical. In this week's NLJ, Dr Charanjit Singh of Holborn Chambers examines cases where lawyers relied on ‘hallucinated’ citations — entirely fictitious authorities generated by AI tools
The Solicitors Act 1974 may still underpin legal regulation, but its age is increasingly showing. Writing in NLJ this week, Victoria Morrison-Hughes of the Association of Costs Lawyers argues that the Act is ‘out of step with modern consumer law’ and actively deters fairness
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