Latest news on politics, business, lifestyle, sports and more from Europe and the world at

Hong Kong court rules cryptocurrencies as property

A court based in Hong Kong has acknowledged cryptocurrencies as property that can be held in trust in a ruling involving the defunct crypto exchange Gatecoin.

In an analysis of the ruling published by the law firm Hogan Lovells, Judge Linda Chan reportedly said that crypto has property attributes. The court deemed that it was appropriate to follow reasoning applied by other jurisdictions that crypto was property and could form the subject matter of trust. Chan noted:



Your email address will not be published. Required fields are marked *