The UK has embraced decentralized finance, with many new businesses creating new implementations for blockchain and crypto technology. Whether it’s cryptocurrency, stable coins, NFTs, wallets, exchanges or decentralized lending and insurance platforms, this ecosystem heralds a new era of global finance.Find out :b3i.tech/

Our team has deep expertise in this rapidly developing sector – and a genuine passion for the technologies behind it. This is reflected in our approach to working with clients in this space, whether they are multinational regulated businesses on issues surrounding securities, or smaller start-ups seeking advice on how to register an ICO.

Women Leading Blockchain Innovation in the UK

We have also played a significant role in shaping the law around cryptoassets in the UK, through our involvement with CryptoUK and its policy work. For example, we were instrumental in the development of the “Travel Rule” – a key industry-wide recommendation which brought cryptoasset transfers into scope of the Financial Promotions Regulations, and the drafting of the FCA’s consultation on its ‘Guidance on Crypto Assets’.

Our lawyers are also active members of the ICAEW Digital Assets Working Party, and regularly participate in the FCA’s TechSprint events. These are a series of events which bring together market participants and regulators to explore ideas for potential solutions to regulatory challenges, in order to help shape future UK regulatory frameworks. The events have helped to reduce residual legal uncertainty in the UK and foster the industry’s growth, innovation and stability.