A recent decision by the UK financial services regulators, the Financial Conduct Authority and the Prudential Regulation Authority, to fine a retail bank serves as a reminder to both customers and technology vendors and service providers to the financial services sector to ensure that their services and contracts include
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Learn more about DLA Piper’s blockchain practice. John Grady discusses the firm’s growth in the blockchain sector and the next steps for the industry in this Templum Digital Asset Report. View the interview here.
This article first appeared on dlapiper.com on May 31.
DLA Piper is pleased to announce the release of a special report titled “Cryptocurrency and its impact on insolvency and restructuring.” The firm prepared the report on behalf of INSOL International, a global federation of national associations for accountants and lawyers
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The growth of usage of blockchain based smart contracts in Italy might be boosted by a new law which deemed them equal to written documents in some cases.
What are smart contracts?
According to Investopedia, smart contracts are
“Smart contracts are self-executing contracts with the terms of the
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Virtual currency for the 1st time falls under Italian anti-money laundering law with the decree implementing the European 4th AML Directive.
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The FinTech revolution is led by the PDS2 with banks as a platform facing legal risks due to open APIs and new strong authentication obligations.
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Blockchain is “the most important invention since the Internet itself” according to Marc Andreeseen, but if illegal activities are perpetrated through the blockchain, who is liable?
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The Internet of Things and FinTech are among the fastest growing markets, but their intersection leads to new legal issues to which operators might not be ready.
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