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coinpedia
2023-04-19 13:55:34

Hong Kong Court Rules Cryptocurrency as Property in Gatecoin Case

Hong Kong Court Rules Cryptocurrency as Property in Gatecoin Case

The post Hong Kong Court Rules Cryptocurrency as Property in Gatecoin Case appeared first on Coinpedia Fintech News For the first time, a Hong Kong court has ruled that cryptocurrencies are property and can be held in trust. The Honourable Madam Justice Linda Chan determined in Re Gatecoin Limited [2023] HKCFI 91 that cryptocurrency has all of the characteristics of property inherently. With regard to acknowledging the proprietary nature of digital assets, the …

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