Articles by author
Russia’s quest for financial independence through the use of digital assets, cryptocurrencies and digital currencies
The Russian Central Bank and its regulatory bodies, which were historically against all things crypto, took a co-ordinated U-turn shortly after Russia's invasion of Ukraine in Feburary 2022 and the imposition of unprecedented sanctions by the West - because they realised that cryptocurrencies and digital assets can be used the evade sanctions. Having been subject to widespread sanctions for over two years and effectively cut off from the international payment system (SWIFT), and largely shut out of Western's bank and bank accounts, Russia is trying to adjust the "new order" and its international isolation - both economically and financially. It is finding new ways to receive monies from the West for its raw materials and to trade independently of Westen banks and the US dollar, so that it can transact with both friendly and not so friendly countries on the premise that West cannot trace those transactions.
30 SEP 2024Possessable or non-possessable? OBG v Allan and the future of intangibles
The case of OBG v Allan [2007] UKHL 21 in the House of Lords discussed expanding the tort of conversion to things in action but considered it at para 321 to be “too radical” and that there was a clear distinction to be drawn between the “wrongful taking of a document … and the wrong assertion of a right to a chose in action”. In this article the author explores the position of intangibles such as digital assets in relation to being property and thus possessable.
1 OCT 2021
