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. [Full Bio]
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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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