The Law of Digital Assets in Hong Kong

The Law of Digital Assets in Hong Kong represents the first comprehensive treatment of this important and cutting-edge area in Hong Kong, which is the only part of the People’s Republic of China that has a proactive policy in support of the development of the digital asset industry under the ""One Country, Two Systems"" constitutional framework. 

Authored and edited by Tony Ko and written together with a team of expert contributors, this work aims to fill the knowledge gap and equip those in the legal, financial, accounting, business and academic sectors involved in or interested in the digital assets space with sufficient knowledge to understand, advise upon, and confidently navigate the legal and regulatory issues involved. 

The book guides readers from foundational concepts to sophisticated analysis. It begins with an introduction to the nature and taxonomy of digital assets—from cryptocurrency to NFT, RWA/tokenized assets, stablecoins, and CBDCs—before providing a comprehensive overview of the governing legal framework in Hong Kong.  Subsequent chapters examine Hong Kong's extensive case law on digital assets; the regulation of cryptocurrencies; securities law analysis of digital assets; practical steps for obtaining a licence to manage virtual assets; digital asset liquidation from the perspective of the liquidator who handled Hong Kong's first crypto trading platform (Gatecoin) collapse; dispute resolution frameworks; and private international law principles in a world where assets exist solely as entries on distributed ledgers spanning multiple jurisdictions.