Digital assets content hub

Welcome to STEP’s Digital Assets Hub, where we have pulled together news, features and resources to keep you up to date with the latest digital assets developments.

Switzerland: Police report sharp increase in virtual asset crime risks

Nearly 14 per cent of all suspicious activity reports (SARs) made to Switzerland's authorities related to virtual assets in 2022, says a report from the Federal Office of Police. It warns of a surge in transactions potentially linked to money laundering and terrorist financing and proposes a series of actions to encourage financial intermediaries with virtual activities to report suspicious activity more readily.

Source: Swiss Federal Office of Police (Fedpol), Fedpol (report, PDF)

UK: HMRC consults on automatic exchange of crypto-transaction data

HMRC has issued a consultation on implementing the international OECD standard Crypto-asset Reporting Framework (CARF) and Common Reporting Standard (CRS) for automatic exchange of crypto-asset transaction information.

Source: HMRC

STEP Digital Legacy scorecard

STEP has devised its new Digital Legacy Scorecard; a digital legacy management tool which rates cloud service providers (CSPs) on whether or not they meet a series of basic requirements. The Scorecard is intended to be the starting point for practitioners to analyse the terms of service agreement (TOSA) and any available pre-planning options of a CSP in order to advise clients of their use and implications as part of the estate-planning process.

View service provider scores

Read the supplementary STEP Journal article

The future of legal practice in the digital assets space: the regulatory challenges and search for certainty

This webinar explored the effectiveness of public consultative processes, cutting edge jurisprudence and in-depth legal research going into making the law and regulation of crypto-currencies and Non-fungible tokens (NFTs), following each expert’s own jurisdiction and experience.

Digital Assets Explained

Decoding digital assets

This supplement brings together a selection of what STEP has produced on this important topic, from articles, public awareness campaigns to frameworks, designed for practical use.

STEP Journal

Prime mover

Ben Bell highlights STEP’s recent work to tame the rugged digital landscape.

SIG honeycomb

Join the SIG

Our Digital Assets Special Interest Group provides an international forum of debate, education and support related to planning for and administering digital assets, also driving the need for, and harmonisation of, legislation in relevant areas.