Webinar: Panel discussion – New Hong Kong licensing regime for VASPs

The new licensing regime for virtual asset service providers (VASPs) will significantly impact the virtual asset industry in Hong Kong. Once in force, any person who seeks to carry on a business of providing a virtual asset service (currently limited to operating a virtual asset exchange) will be required to apply to the Securities and Futures Commission for a licence. Continue reading

Crypto winter is here – What does it mean for insolvency practitioners?

The global market in crypto assets is currently experiencing a “crypto winter”, losing approximately US$2 trillion in value since the peak in 2021. In this stormy environment, crypto insolvencies are on the rise. However the rapidly evolving nature of the crypto industry and the complex nature of crypto assets and transactions present unique challenges for insolvency practitioners seeking to resolve or restructure crypto firms.

Continue reading