On 30 June 2023, our partner, Mr. Martin Yeung, attended the Hong Kong Web3.0 Technology Ecology forum and the 26th Anniversary of Hong Kong's Return to China event, where he delivered a speech on the legal status of crypto currency in Hong Kong. He focused on the landmark decision of Re Gatecoin Limited (In Liquidation) [2023] HKCFI 914, which has significant implications for the treatment of crypto currency as property.
In his speech, Mr. Martin Yeung highlighted the importance of this case in clarifying the legal position of crypto currencies in Hong Kong. The High Court in Re Gatecoin Limited (In Liquidation) recognized crypto currencies as a form of property, providing a solid legal foundation for transactions involving these digital assets. This ruling has far-reaching consequences for the growing blockchain and crypto currency industry in Hong Kong and beyond.
Mr. Martin Yeung’s insightful speech shed light on the implications of this landmark decision and its potential impact on future disputes involving crypto currencies. We are proud to share their knowledge and expertise with the community, and we remain committed to staying at the forefront of legal developments in this rapidly evolving field.
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