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Checklist for a successful crypto-provider registration application07 March 2023
Any business that intends to operate in the UK as a cryptoasset exchange provider or custodian wallet provider is required to register, but many are at risk of falling short at the first hurdle: the application for registration.
ChatGPT, AI and journalism: Legal and ethical pitfalls explained. JJ Shaw writes for the Press Gazette
Press02 March 2023
Lawyer JJ Shaw examines the potential implications of using AI in the newsroom.
AI 101: What are the key data privacy risks and rewards for this new tech?23 February 2023
This is the fifth article in our “AI 101” series, where the team at Lewis Silkin will unravel the legal issues involved in the development and use of AI text and image generation tools.
AI 101: The Regulatory Framework20 February 2023
This is the fourth article in our “AI 101” series, where the team at Lewis Silkin unravel the legal issues involved in the development and use of AI text and image generation tools. In the previous article of the series, we looked at the infringement risks of using AI-generated works. In this article, we consider the regulatory framework for AI being proposed by the European Commission and how the UK might follow suit.
CBDC - the future of payments and money in the UK?09 February 2023
Back in April 2022 I wrote an article about the future of cryptoassets, payments and money in the UK. At that time, the UK government announced that it intended to bring in a regulatory regime for stablecoins used as a means of payment.
AI 101: What are the infringement risks of using AI-generated works?07 February 2023
This is the third article in our “AI 101” series, where the team at Lewis Silkin will unravel the legal issues involved in the development and use of AI text and image generation tools. In the previous article of the series, we considered questions of ownership and authorship when it comes to generating AI works. In this article we consider how those tools might be infringing IP rights and how the users of those tools might find themselves in hot water.
AI 101: Who owns the output of generative AI?02 February 2023
This is the second article in our “AI 101” series, where the team at Lewis Silkin will unravel the legal issues involved in the development and use of AI text and image generation tools. In the first article of the series, we looked at how generative AI tools are trained and why lawsuits have been raised against some of the major AI companies in both the UK and US.
AI 101: How do AI tools work and why are lawsuits being raised?23 January 2023
In this “AI 101” series of blog posts, the team at Lewis Silkin unravel the legal issues involved in the development and use of AI text and image generation tools. This initial post explores how these tools operate and considers the legal cases being brought against major AI platforms in the UK and US. Later posts in the series will consider who owns the output of AI image generators, the infringement risks involved in using output created by AI; the ethical implications of programming AI; and what regulation is on the horizon – so keep an eye out for those!
From crypto winter to crypto trading platform collapse – paving the path to greater regulation of crypto12 December 2022
The trajectory of the crypto sector has been marked by a number of events over the course of this year from the crypto-winter (including instability in crypto markets, the collapse of Terra (an algorithmically-backed stablecoin supplemented by a reserve of Bitcoin) and consequential failures of crypto-related firms) through to the collapse of the centralised crypto trading platform FTX and most of its associated businesses. The regulatory message from Sir John Cunliffe has been consistent throughout: we need effective regulation of crypto technologies in finance.
Latest proposals from the FSB on regulating cryptoasset activities and stablecoins21 November 2022
Cryptoassets are volatile by nature; while high risk may lead to high reward, there is also the very real prospect of such assets losing all value.
Metaverse 101: Cryptoassets (including NFTs)- Selling and Distribution22 June 2022
In this next instalment of our Metaverse 101 series, we look at some of the regulatory issues to consider when selling and distributing cryptoassets (we covered regulatory issues concerning the advertising of cryptoassets in our earlier article). As this is a new and developing area of law, there are often more questions than there are answers. This post explores the relevant regulatory regimes applicable to cryptoassets for which the UK Financial Conduct Authority has responsibility.
What challenges could the metaverse bring to the workplace?: Linda Hynes comments for Silicon Republic04 April 2022
The metaverse is a virtual world, that uses augmented and virtual reality (VR), where people can meet and interact with one another. For many employers, the first experience of it may come from using VR tools to holding conferences and events.
UK: Expect Metaverse Employment Disputes. Tarun Tawakley writes for SHRM
Press14 March 2022
There are many visions of the metaverse, which is essentially a virtual world that incorporates virtual reality where people can meet and interact. For many employers, the earliest glimpse of the metaverse may be the use of virtual reality systems in conferences and events.
Ready Player ET1: employment disputes in the metaverse11 February 2022
The metaverse and virtual reality offer opportunities but look set to throw up new employment issues around diversity, misconduct and more. Are we ready?
James Davies comments on how employment law is not ready for the Metaverse in the International Employment Lawyer
Press04 February 2022
After a two-year-long global pandemic, most of us will now consider ourselves expert – or at least proficient – in using remote working tools, such as Zoom or Microsoft Teams. These tools have been invaluable to communicate with colleagues around the globe, but they may soon be rendered obsolete by Big Tech.
Tech Predictions 202211 January 2022
Welcome to this year’s technology predictions! Technology certainly continues to present a growling engine of change but there is no escaping the fact that it really does create opportunities to ‘do a job that customers want done’. And with that intro, we dive straight into our predictions!