Bird & Bird’s report, ‘Blockchains uncut: risks, rewards and regulations’ has been launched, exploring the potential application of blockchain and highlighting regulatory issues. The report explains the advantages and disadvantages of the technology, and emphasises that there is a need for governments to identify where new regulation is genuinely required, and where current laws already satisfy those criteria. Jonathan Emmanuel, partner in the Financial Services practice at Bird & Bird remarked: “Blockchains are widely regarded as one of the most important technologies of the future, with the potential to disrupt a wide range of industries… this report aims to decipher both the technical and legal issues so project sponsors can ask the right questions and make informed decisions.”

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