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DIGITAL ASSETS REGULATION

DIGITAL ASSETS 

REGULATION

The research project looks at the interplay between African regulatory practice and other branches of public law pursuing similar objectives including redressing the harm posed by the illegal use of digital assets This project is part of a broader critique of regulatory pluralism in Africa. It examines the capacity to respond to contemporary circumstances relating to the expanding use of digital assets across networked Africa.

The importance of digital assets and their underlying distributed technologies is tentatively recognised in the policy sphere as supportive of economic growth. The capacity of policy makers and regulators to promote innovation while mitigating risk presents unique challenges. Some include the lack of a synchronised regulatory approach to delineate tech provider obligations, user liabilities, the risk of cybercrime, ineffective consumer protection, arbitrary use of discretionary power by regulatory bodies and its unintended intersectional effects, and the stifling of the innovative benefits of digital assets and related technologies.

The consequences are of concern given the rise in generative Artificial intelligence and the move by tech companies to offer more products to the African public many of whom are groups that are traditionally marginalised by gender, age, social status, ability and so on.

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PROJECT AIM

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To offer an opportunity to policy makers and regulators, digital assets and tech experts, academia and civil society to engage in critical discourse on the complex tech, legal, socio-cultural, economic, ethical, and policy issues of regulating digital assets and the implications of regulation for the wider society.

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PROJECT OUTPUTS

  • Round Tables (2016, 2017)

  • UN Declaration on Fundamental Principles on the regulation of cryptocurrencies and the Blockchain (Digital Ledger Technologies) in Uganda and its Follow-Up – 2017

  • Policy Makers workshops (2018,2019)

  • Fintech Policy 2019

  • Conference 2025 – watch this space

The Working Group on digital assets (Research team)

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Formed in 2018, the Working Group on digital assets regulation aims to further strengthen ties with policy makers, regulators, academia, tech private sector and civil society. They engage in collaborative work to engender a deeper understanding about ways of approaching the regulation of distributed ledger technologies that fosters innovation while mitigating risk.

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Contacts | Sponsors

Birmingham Law School 
University of Birmingham
Edgbaston Birmingham
BIS 2TT, United Kingdom

Email: unafri@unafri.or.ug | m.o.mapp@bham.ac.uk
Sponsors: UNAFRI and University of Birmingham (England)

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