A government-backed initiative, LawtechUK has been established to support the transformation of the UK legal sector through technology, for the benefit of society and the economy.

The Legal Statement on the issuance and transfer of digital securities under English private law is a whitepaper produced to answer the questions asked about the issue in a public consultation in an easy-to-understand way. The statement focuses on the parts of digital securities that are potentially novel and distinctive, and discusses how well they think general legal principles apply.