Hong Kong: will Courts accept cryptocurrency as a security for costs?

27 May, 2022
In a recent English High Court decision, Tulip Trading Limited v Bitcoin Association for BSV [2022] EWHC 2 (Ch) and [2022] EWHC 141 (Ch), the Court refused the claimant’s request for security for costs to be paid in Bitcoin. This is the first English case where a party to litigation has sought to provide security in the form … Read more

Singapore’s first cryptocurrency dispute to go to trial

24 January, 2018
There has been a significant increase in interest in, and the use of, cryptocurrencies in recent times. Cryptocurrencies are essentially de-centralised virtual currencies, which are not linked to any particular country, nor regulated by any central bank or monetary authority. In late December 2017, the Singapore International Commercial Court (SICC) decided that the nation’s first … Read more