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Singaporean court’s decision in relation to cryptocurrency trading has implications for cryptocurrency trading mistakes, smart contracts, artificial intelligence and whether cryptocurrency is property

By Stella Cramer (SG), Sophy Teng (SG), Matthew Buckle, Michael Sinclair (UK) and The Financial regulations: Services tomorrow Team on September 24, 2019 Posted in Asia, Fintech

The Singapore International Commercial Court has published its first cryptocurrency judgment. In this briefing note we discuss the key novel points arising from the case (B2C2 Ltd v Quoine Pte Ltd [2019] SGHC(l) 3) and consider the implications for digital assets, smart contracts and artificial intelligence.

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