2023-7-26 15:36 |
The High Court of Singapore declared cryptocurrency as a type of property on July 25, marking a significant step in the legal understanding of digital assets in Singapore. The case,... origin »
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In a recent development, a judge of the Singapore High Court has declared that cryptocurrencies are personal properties. The court likened crypto to fiat money, and since fiat passes as personal property, crypto should pass as one, too, the court reasoned.
2023-7-26 20:00 | |
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Bybit claimed that a contractor abused their position to transfer crypto assets to personal accounts. "Like any other thing in action, USDT is capable of being held on trust," ruled the court.
2023-7-26 18:00 | |
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A Singaporean High Court has ruled that cryptocurrency is a property capable of being held in trust, according to a July 25 ruling. ByBit vs. Miss Ho The court reached this decision in a case involving Seychelles-based crypto exchange ByBit which alleged that a contractor Miss Ho Kai Xin, breached the terms of her employment […] The post Singapore High Court declares cryptocurrency as property, rules in favor of ByBit in trust case appeared first on CryptoSlate.
2023-7-26 16:55 | |
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Singapore High Court is making headlines amid a recent ruling that recognized Crypto assets as property in the Bybit case involving contractor Ho Kai Xin.
2023-7-26 14:39 | |
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Cryptocurrencies will now be viewed as property in Singapore. The high court also demystified the notion that cryptocurrencies do not hold any value. The Monetary Authority of Singapore (MAS) will implement segregation and custody requirements for digital payment tokens.
2023-7-26 14:25 | |
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The judge didn’t see any difference between crypto, fiat money or shells as long as all those objects, physical or not, share value created by mutual faith in them.
2023-7-26 12:43 | |
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The ruling held that a crypto asset is a “thing in action” enforceable via court orders.
2023-7-26 11:08 | |
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Liquidator Teneo has recovered only a miniscule portion of the Singapore-based Three Arrows Capital so far, while cofounder Zhu has allegedly tried to sell property there.
2022-8-25 23:15 | |
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Zhu and his wife purchased the property in December 2021 for SGD 48.8 million ($35 million). Now they are selling it in what analysts are calling a slowing market.
2022-7-1 13:58 | |
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For the second year in a row, an Asian country topped the Index of Economic Freedom. Singapore's world ranking and its high score were boosted by its property rights and trade freedom ratings. What dThe post Is Singapore looking at crypto to deal with cross-border remittance costs appeared first on AMBCrypto.
2021-10-10 16:30 | |
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SINGAPORE – Rate3 envisions a future where all forms of assets – including money, stocks, real estate, intellectual property and even an individual’s time – are interchanged seamlessly between application users of various public blockchains.
2018-11-13 08:15 | |
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With the evolution of the blockchain, tokenization of assets is becoming an important facet of the crypto economy. Rate3, a Singapore based company is also looking forward to creating an ecosystem where money, real estate, stocks, time and intellectual property can be tokenized, using applications built on public blockchain networks.
2018-11-12 21:54 | |
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