As we discuss in our memorandum released today and available here, the Hong Kong Securities and Futures Commission (“SFC”) last week took a significant step in its regulation of virtual asset activities by establishing a new, opt-in regulatory sandbox framework for virtual asset trading platform operators, proposing
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Martin Rogers
Mr. Rogers is a partner in Davis Polk’s Litigation Department, based in Hong Kong. He is regarded as one of Asia’s leading litigation and financial services regulatory lawyers, with nearly 30 years’ experience in Asia. [Full Bio]
Chinese Arbitration Court Recognizes Bitcoin as Property Protected by Law
By Martin Rogers, Noble Mak & Yuan Zheng on
Posted in Fintech
On October 25, 2018, the Shenzhen Court of International Arbitration (the “SCIA”) published a case analysis detailing its decision on a business contract dispute involving the possession and transfer of cryptocurrencies. The arbitral panel found that although Bitcoin does not have the legal status equal to currency and…
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