Law Commission launches review on the applicability of international law to digital assets

Article summary

The Law Commission has launched a new law reform project, sponsored by the Ministry of Justice, entitled ‘Digital Assets: Which Law, Which Court?’ that aims to provide clarity on how private international law rules can apply to emerging technology, such as digital assets and electronic trade documents. The review, commissioned by the government, will consider the private international law challenges in international tech-related disputes, such as those involving crypto-assets (ie cryptocurrencies and non-fungible tokens (NFTs)) and electronic trade documents. The Law Commission will develop reform proposals in a public consultation paper, due to be published in the second half of 2023.