Tuesday 21 January 2020

UK: England and Wales: High Court holds that cryptocurrencies are a form of property

A copy of the judgment of Mr Justice Bryan in AA v Persons Unknown, Re Bitcoin [2019] EWHC 3556 (Comm) has now been published on BAILII, following the lifting of reporting restrictions. The decision is of considerable interest, and importance, because of the analysis it contains concerning cryptocurrencies. The trial judge held that cryptocurrencies were a form of property capable of being the subject of a proprietary injunction and, in doing so, described as "compelling" the recent analysis of cryptocurrencies within the UKJT legal statement.

Update (8 February 2020) - the ICLR has published a summary of the decision: see here.

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