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The High Court of Hong Kong has made a landmark ruling by recognizing crypto to be property in a legal matter that involved now-defunct crypto exchange Gatecoin.
Judge Linda Chan, who presided over the case, reportedly said that crypto has property attributes, according to an analysis of the ruling published by the law firm Hogan Lovells.
The court said that Hong Kong, in line with other common law jurisdictions, defines “property” broadly as “intended to have a wide meaning.”…
Read More: Hong Kong Court Recognizes Cryptocurrencies as Property in Landmark Ruling – What Happens Next?
Judge Linda Chan, who presided over the case, reportedly said that crypto has property attributes, according to an analysis of the ruling published by the law firm Hogan Lovells.
The court said that Hong Kong, in line with other common law jurisdictions, defines “property” broadly as “intended to have a wide meaning.”…
Read More: Hong Kong Court Recognizes Cryptocurrencies as Property in Landmark Ruling – What Happens Next?
