This article explores the increasing popularity of Bitcoin and how it is an attractive asset due to its decentralized nature (as opposed to the centralized retaliation that assets in banks are vulnerable to). It also looks at why Bitcoin being decentralized could prevent it from subject to international sanctions.
The Coronavirus pandemic has seen a boost in popularity in alternative dispute resolution processes, which obviously face some technical and logistical challenges, but have also shown to aid in facilitating dispute resolution in a flexible and cost-effective measure. The article also provides sample contract clauses for parties to consider including as part of their process so that all of the guidelines are explicitly laid out.
This article provides several mitigation measures that banks and other financial institutions could take in order to minimize the impact of any conflicts between foreign legislations on Hong Kong-related sanctions that have arisen due to the rise of geo-political risks.
This article describes the increasing popularity of cryptocurrencies, in Hong Kong, such as Bitcoin, but also goes into the risks that investors could face. Additionally, it provides a list of legal recourses available to investors so they are able to prevent substantial losses.
This article discusses the increasing growth of blockchain technology in various areas. Specifically, it also highlights that Hong Kong’s Securities and Futures Commission has issued a license to a cryptocurrency firm to operate a virtual asset trading platform involving security tokens and that there cold be more licenses issued in the future.
This article discusses the increasing popularity of cryptocurrency and how companies are considering paying their employee’s wages with them. Presently, there are some laws in Hong Kong regarding using cryptocurrency to pay employees, but there is still potential for it to be refined and used in the future.
This article highlights the importance of protecting one’s FinTech products and innovations. One means of protecting FinTech innovations is through Intellectual Property (IP) laws. In particular, the IP laws of Hong Kong provide a variety of mechanisms to ensure the protection of FinTech products.
New laws in the People’s Republic of China – which went into effect on 1 January 2021 – have completely revamped the rules pertaining to the succession of the deceased’s assets into a more organized system. The new policies, which have replaced laws in place since 1985, provide more guidelines and structure regarding appointing estate administrators and their scope of power.
Due to opportunities available in the Chinese market, many overseas companies have been trying to tap into it. However, it is important for overseas companies– particularly for the United States (US) companies – to be aware of both the restrictions imposed by the U.S. government, as well as the government of the People’s Republic of China before attempt to run business operations in the Chinese market.
This article examines the recent trends in cases which involve the extent of a Court’s jurisdiction to determine a “just and equitable winding up petition” when the two parties involved have a valid arbitration agreement between them.