‘Who Actually Owns the Crypto-assets Held at a Crypto-asset Intermediary?’

“Most crypto-assets are not held directly: they are either held using commercial software or, particularly in relation to high value holdings, they are held in some sort of custodial arrangement. In our recent paper, we analyse the possible legal relationships that may exist between a crypto-asset intermediary and clients that hold crypto-assets with it. In our view, there are four possible legal relationships (trust, outright title transfer, quasi-bailment, and mere contract) …” (more)

[Hin Liu, Henry Chong and Louise Gullifer, Oxford Business Law Blog, 12 October]

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