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Exchange - International Issue 47 - March 2022

Is It Time For Ireland To

Observations on the UK Law Commission s Call for Evidence on Smart Contracts Introduction In November 2019, the UK Jurisdiction Taskforce ( UKJT ), a subsidiary of the UK s LawTech Delivery Panel, published a Legal Statement on the Status of Cryptoassets and Smart Contracts (the Legal Statement ). In our previous article entitled UK Jurisdiction Taskforce Publishes Legal Statement on Status of Cryptoassets and Smart Contracts Observations from Ireland , we discussed the Legal Statement with reference both to its statements and its potential implications for those in Ireland with an interest in its subject matter.  1 Following the publication of the Legal Statement, the UK Government asked the Law Commission of

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