Blockchain—key legal and regulatory issues


Produced in partnership with John Salmon of Hogan Lovells and Benjamin Mendelson of Founders Law
Practice notes

Blockchain—key legal and regulatory issues


Produced in partnership with John Salmon of Hogan Lovells and Benjamin Mendelson of Founders Law

Practice notes
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Blockchain has erupted into mainstream consciousness, driven in part by the meteoric rise of cryptocurrencies and the booming global Fintech Sector, with multiple consultations and discussions by regulators underway or completed around the world. Although blockchain and its related technologies are still relatively new, significant investment has been aimed at releasing the efficiencies and capturing the new business models which it is anticipated to offer.

Much of the focus to date has been on the technical and commercial aspects. But for blockchain to realise its full potential it will need to navigate the new and existing legal and regulatory environments in which it will operate.

The range of potential use cases and the stage of development at which this new technology finds itself, means that this Practice Note is, by necessity, a roadmap to understanding the key legal and regulatory issues which typically arise in relation to blockchain technology rather than a set of definitive answers. The detail of the legislation and regulation applicable to blockchain technology

John Salmon
John Salmon

Hogan Lovells

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Benjamin Mendelson
Benjamin Mendelson

Associate, Founders Law

Ben qualified in South Africa before joining Linklaters’ Legal Operations in London to help manage the firm’s Paralegal and Support Lawyer services.
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Ben has a background in commercial law, with many years of experience consulting in the tech sector, advising private clients on a wide range of Fintech–related matters and opportunities, including on Blockchain technology and Cryptocurrencies.
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In 2021, Ben joined the team at Founders Law to fully-realise his passion for Fintech and to provide legal advice to some of the biggest up-and-coming technology companies in the UK’s booming tech sector.

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Jurisdiction(s):
United Kingdom
Related legal acts:
Key definition:
Blockchain definition
What does Blockchain mean?

A decentralised database (chain) stored in its entirety on each of a series of connected devices forming the blockchain network, where time-stamped digital data (blocks) are recorded onto each copy of the complete database and are made confidential by cryptography or hashing.

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