The report, Cryptoassets: A UK and European perspective on the regulation of cryptoassets, consolidates information on the financial regulatory frameworks pertaining to these various jurisdictions.

With cryptoassets increasingly coming under the commercial and regulatory spotlight in the UK and the EU, 2019 saw authorities across the continent launching consultations, issuing statements and implementing specific legislation within their respective jurisdictions to manage cryptoasset-related activity.

Director Sarah Kenshall, associate Gareth Malna and trainee solicitor Paschalis Lois from Burges Salmon’s fintech team have worked closely with firms within its international network across each jurisdiction to produce the report.

Ms Kenshall said: “Burges Salmon’s Fintech industry expertise is widely recognised by legislators and regulators, and we are delighted to be leading the way in publishing this report, providing unique insight into the truly multijurisdictional nature of cryptoassets.

“We have built strong relationships with our Preferred Firm Network internationally and we are hugely grateful for the expert knowledge they have shared with us and their collaborative efforts to pull this paper together.”

Guildhall Chambers’ Lucy Walker, who provided the foreword for the paper, added: “The technical, commercial and regulatory landscape relating to cryptoassets continues to move so rapidly that a guide of this nature is essential reading for those seeking to navigate this brave new world.”