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Philippa Beasley

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Articles

The next frontier with cryptocurrencies

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By Douglas Cherry, Philippa Beasley
| LexBlog
The Commercial Court held in AA v. Person Unknown [2019] EWHC 2556 (Comm) that a cryptocurrency such as bitcoin is a form of property capable of forming the subject of a proprietary injunction, in January. This is the first time the courts have applied the analysis set out in the UK Jurisdiction Taskforce’s legal statement on cryptoassets and smart contracts to a cryptocurrency. This decision brings clarity regarding the status of cryptocurrencies as a form of property.
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