[NFT]. You could hack into my computer and take it. It's not clear that I would have any recourse in the law because the law at the moment does not know how to treat them.Users of NFTs, companies who issue these things, individuals who buy them, they want to be certain that when something goes wrong the law will step in to meet their expectations. When we've been speaking to lawyers on the legal side, they want the same thing because, of course, they have to give advice.
So a few judges in their judgments have referred this issue to the Law Commission and to Parliament to say some guidance would be helpful, and I am not surprised at all about that because it’s such a big step. If the consultation responses we get agree with that approach and it becomes one of our final proposals the other question is, how do we do it?
So what we prefer is pointing out those characteristics and saying where digital assets exhibit these characteristics they will be in this [new third] category. Banks and stablecoins are a bit different because once something is treated as money for technical terms it's subject to a whole new set of rules, but also cryptocurrencies at the moment are not treated as money in English law.Is your recommended law going to be enough to ensure that clients get their funds back or does there have to be an improvement in technology?
nikhileshde SarahCatGreen camomileshumba Why is nooboody talking about this
nikhileshde SarahCatGreen camomileshumba How come everyone is silent on this
SarahCatGreen camomileshumba Good. UK property law is ancient. Now to sell a house on the BTS DEX? Awesome idea!
SarahCatGreen camomileshumba So, 🔥 eeveeryonee's printing freeee,making freeee 💰 trading on deefi and you won't talk about it it