Month: Oct 2023
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ByBit Fintech Limited v Ho Kai Xin and others
What’s the case about? Is Tether “property” capable of being held on trust? Background In ByBit Fintech Limited v Ho Kai Xin and others [2023] SGHC 199, Justice Philip Jeyaretnam of the High Court of Singapore considered whether Tether (USDT) was property capable of being held on trust. The issue…
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Senate Economics Legislation Committee releases its report on the Digital Assets (Market Regulation) Bill 2023
The Senate’s Economics Legislation Committee recently released its report on the Digital Assets (Market Regulation) Bill 2023. The bill was introduced by Senator Andrew Bragg on 29 March 2023 as a private member’s bill. The bill sought to implement a licensing regime for digital assets and to establish reporting requirements…