13 September 2024
How would you go about writing the law on digital assets from scratch?
Andrew Spink KC and Justina Stewart of Outer Temple Chambers joined Chris Whitehouse and CFAAR members for a fireside chat yesterday evening to explain just that.
Andrew and Justina talked through their involvement in the Dubai International Finance Centre's project to develop a bespoke digital assets law and to re-write the DIFC's law of security. The Digital Assets Law DIFC Law No.2 of 2024 was enacted in March this year. The discussion produced extremely interesting insights into possible solutions for some of the major crypto-related questions faced by courts in jurisdictions the world over.
Andrew and Justina also provided insight into the landmark DIFC case of Huobi v Tabarak, which concerns the brazen theft of 300 BTC by fraudsters who were physically in the room with the parties when they stole the assets.