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The London Stock Exchange has appointed Krishna Omkar, a former lawyer from Slaughter & May, to lead its blockchain initiatives. Omkar will begin his role as the head of digital assets. On July 31, the Law Commission of England and Wales recommended in its final report that crypto assets be recognized as a new form of personal property. This recommendation aims to create a robust legal framework and support the growth of the digital assets sector.
Think you own your crypto? A new UK law would make sure https://t.co/b2MyGCOMoE
NEW: The Law Commission urged the 🇬🇧 UK government to categorize all crypto assets as a new form of personal property to help create a robust legal framework and aid the growth of the digital assets sector. https://t.co/0Ih4P145xw
Breaking: The Law Commission of England and Wales urged the United Kingdom government to categorize all crypto assets as a new form of personal property in its final report on digital assets. The Law Commission is an independent body primarily tasked with reviewing and… https://t.co/7IXp5tUbvw