The Republic of the Marshall Islands (RMI) has announced the implementation of the world’s first Universal Basic Income (UBI) scheme delivered primarily via blockchain technology. This historic move leverages a…
To injunct or to not injunct – and if so, where at? That is the question that many face when foreign just and equitable winding-up proceedings have been taken out,…
As cross-border transactions rise and insolvency risks increase, Hong Kong courts are refining how arbitration agreements interact with winding-up petitions. Recent decisions reveal an important trend: strong support for arbitration…
It was reported by Reuters[1] that in September 2023, Su Zhu, a co-founder of Three Arrows Capital, was arrested at Singapore’s Changi Airport and jailed for four months for deliberately…
1. Opening Global Liquidity Pools: Shared Order Book Rules The Hong Kong Securities and Futures Commission (SFC) announced on 3 November 2025 that licensed Virtual Asset Trading Platform Operators (VATPs)…
On 28 November 2024, the Hong Kong Monetary Authority (“HKMA”) launched the Digital Bond Grant Scheme (“DBGS”) and began accepting applications. The DBGS will run for an initial period of…
Managing Cryptocurrencies in Hong Kong: Do You Need a Licence Uplift? As virtual assets (VAs) — including cryptocurrencies such as Bitcoin (“BTC”) and Ethereum (“ETH”) — become more integrated into…
On 26 August 2025, the People’s Republic of China State Council (the “State Council”) issued its “Opinion of the State Council on Deepening the Implementation of the ‘Artificial Intelligence Plus’…
Our Managing Partner, Basil Hwang, was featured in Asian Legal Business‘ article, “Can the new Stablecoins Bill crown Hong Kong as Asia’s virtual assets hub?” published in ALB Asia’s July 2025 e-magazine.…
On 15 April 2025, Hong Kong’s Digital Policy Office (“DPO”) took a significant step in shaping the future of artificial intelligence (“AI”) governance with the release of the Generative Artificial Intelligence…









