Regulating Crypto Assets: mission impossible?

OVERVIEW

Fraudsters took US$14 billion-worth of crypto assets last year, almost double the sum taken in the previous year, according to recent report from blockchain data provider Chainalysis, and with regular reports of new scams and losses, it is fair to say that cryptocurrencies represent the Wild West of the financial markets. But the UK Government has recently announced plans to develop a crypto-asset regulatory regime and to develop its own NFTs.

This panel discussion considers how the courts are dealing with crypto-frauds and debate whether and how cryptocurrencies can be regulated effectively, and how investors can be protected from fraud.

Our panel was chaired by Robert-Jan Temmink KC, and includes Yash Kulkarni KC, Emily Saunderson and we were pleased to welcome Nick Van Benschoten (Director, International Illicit Finance at UK Finance).