Recognising Cryptocurrencies as Property? – CLM v CLN
Adel Zaid Hamzah
Citation: [2022] Sing JLS 474
First view: [Sep 2022 Online] Sing JLS
As cryptocurrencies continue to take the world by storm, reactions from a legal perspective are to be expected. In CLM v CLN [2022] SGHC 46, the Singapore High Court agreed with the emerging Commonwealth view that cryptocurrencies can constitute property. This note explores the possible legal consequences of such a holding and attempts to answer some novel questions that may need to be addressed as technology continues to evolve over time.