Britain’s Crypto List: From Sarah Green, Stephen Diehl to Diana Biggs, Here’s Who to Watch

tech.hindustantimes.com:

The UK’s crypto landscape is maturing, and regulators and lawmakers are taking a greater interest in the industry. The Financial Conduct Authority is gearing up to create new rules for digital assets, and crypto companies are trying to make sure those guardrails aren’t too disruptive.

Bloomberg Crypto spoke with some of the UK industry’s key players, from the sector’s top enforcer to a prominent crypto skeptic. Here are the stories of six of them, in part two of a two-part series.

Sarah Green

Age: 45

Job: Law Commissioner for Commercial and Common Law at the Law Commission of England and WalesLocation: Bristol and London

While the European Union debates stronger regulatory measures for cryptocurrencies and other digital assets, Sarah Green is preparing to lead a project on behalf of the Law Commission of England and Wales to evaluate the legal status of decentralized autonomous organizations, or DAOs — producing research which could set a global precedent on how to legislate for the seemingly infinite networks of anonymous groups on the internet.

DAOs spiked in popularity as decentralized finance applications became more prominent within the cryptosphere. The groups are run by communities of stakeholders, using smart contracts on blockchain networks to execute key functions, such as voting on how various crypto platforms are run. 

“One of the concerns is that if we don’t move on this, and we don’t make it clear what each party’s liability is going to be and what their legal status is going to be if they set up DAOs in this jurisdiction, is that people will do it elsewhere,” Green said in an interview. “That would cause quite a dramatic loss of potential revenue, both for the economy and certainly for English and Welsh law.”

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