ABLI-SAL Cryptoasset Series – Cryptoassets and Property Law (Singapore edition)
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ABLI-SAL Cryptoasset Series – Cryptoassets and Property Law (Singapore edition)
Author: Dr Jason Allen
Associate Professor of Law, Yong Pung How School of Law, Singapore Management University, Singapore;
Partner, Stirling & Rose Digital Law, Australia
Asian Business Law Institute and Singapore Academy of Law
November 2022
Please contact info@abli.asia for queries relating to this publication.
Tackling the question of all questions, i.e. whether cryptoassets are property in the eyes of the law, this 84-page report:
Table of Contents
Appendix A – Definition of cryptoassets around the world
Appendix B – Use of “chose in action” or “thing in action” in Singapore statutes
Appendix C – Use of “personal chattels” in Singapore statutes
Author: Dr Jason Allen
Associate Professor of Law, Yong Pung How School of Law, Singapore Management University, Singapore;
Partner, Stirling & Rose Digital Law, Australia
Asian Business Law Institute and Singapore Academy of Law
November 2022
Please contact info@abli.asia for queries relating to this publication.
Tackling the question of all questions, i.e. whether cryptoassets are property in the eyes of the law, this 84-page report:
- considers evolving definitions that impact dealing in various forms of cryptoassets;
- delves into how the courts in Singapore are shaping the contours of case law in this largely unregulated space;
- analyses gaps in judicial responses and the existing statutory framework for treating cryptoassets as property; and
- puts forward options to better address those gaps.
Table of Contents
Understanding cryptoassets
Legal definition of cryptoassets
Working definition of cryptoassets
Understanding property law in Singapore
Real property
Personal property
Data and information
Intellectual property
Understanding cryptoasset judgments by the Singapore courts
B2C2 Ltd v Quoine Pte Ltd
CLM v CLN and Others
Janesh s/o Rajkumar v Unknown Person (“CHEFPIERRE”)
Other Singapore decisions
Understanding the importance of the cryptoasset judgments
Understanding the problems
The traditional dichotomy
The Ainsworth test
Possessing cryptoassets
Cryptoassets as documentary intangibles
Cryptoassets as choses in action
A third category of personal property
Statutory interpretation
Understanding the options
Option 1. Make no change to the common law
Option 2. Expand the existing categories of choses in action and choses in possession
Option 3. Articulate a third category of personal property
References
Cases
Statutes
Regulatory guidance
White papers
Secondary sources
Other materials
Appendix A – Definition of cryptoassets around the world
Appendix B – Use of “chose in action” or “thing in action” in Singapore statutes
Appendix C – Use of “personal chattels” in Singapore statutes