The post Singapore’s High Court Declares Crypto as Personal Property, Equivalent to Fiat Money. appeared first on Coinpedia Fintech News
Singapore’s High Court has recognized cryptocurrency as trustable property in a recent case involving Bybit and a contractor. The contractor provided services to Bybit and sought to recover the remaining funds by taking legal action. Bybit argued the contractor agreed to accept cryptocurrency, which was held as trustable property. The High Court ruled in favor …