Cryptocurrency - Is it property?

25 Feb 2020

Cryptocurrency is relatively novel and the applicable legal principles remain unsettled. One fundamental question is whether cryptocurrency constitutes “property”.

There are recent court decisions which suggest that cryptocurrency is property of some kind, and can therefore be dealt with under established legal principles.

This update briefly considers these cases and other unresolved issues.

Editor’s note: Since the time of writing this update, the Singapore Court of Appeal has released its decision in Quoine Pte Ltd v B2C2 Ltd [2020] SGCA (I) 02. Please stay tuned for our further update on that decision.

Please click here to read more about the update.