Back to basics on digital assets

This session will be split into three key areas: 1. Digital assets: what are the solicitor’s responsibilities? What do solicitors need to advise clients / executors? Our speakers will also discuss the risks associated with holding digital assets for executors and the valuation of assets when reporting to probate 2. Crypto as a property asset: what to do if there is a potential hacking and making sure you get the crypto from the client to the executors when a person has died. 3. Law Commission’s report: recommendations for reform and development of the law relating to digital assets and next steps.

This session will provide you with guidance on what the best practices are for advising a client who has digital assets.  

Our speakers will discuss the duties and responsibilities that solicitors have to their clients in relation to digital assets. 

The Law Commission of England and Wales published a report at the end of June with recommendations for reform and development of the law relating to digital assets, this will secure the UK’s position as global crypto hub. Our panel will discuss the Commission’s recommendations for reform and common law development and the aim to create a clear and consistent framework for digital assets that will provide greater clarity and security to users and market participants. Read more on the new recommendations here: Digital assets: call for legislation to protect third category of ‘thing’ | News | Law Gazette.