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From 1 June 2023, virtual asset service providers (VASPs) in Hong Kong and overseas VASPs that actively market their virtual asset services in HK will be subject to licence and other regulatory requirements under HK’s amended AML law.

New Hong Kong Licensing Regime for Virtual Asset Service Providers

Date
Dec 19, 2022
Author
OrionW
From 1 June 2023, virtual asset service providers (VASPs) in Hong Kong and overseas VASPs that actively market their virtual asset services in HK will be subject to licence and other regulatory requirements under HK’s amended AML law.
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Expanding on its earlier decision in CLM v CLN [2022] SGHC 46, the Singapore High Court granted injunctive relief against unidentified persons and recognised NFTs as property which could be protected by an injunction.

Singapore High Court Recognises NFTs as Property

Date
Nov 10, 2022
Author
OrionW
Expanding on its earlier decision in CLM v CLN [2022] SGHC 46, the Singapore High Court granted injunctive relief against unidentified persons and recognised NFTs as property which could be protected by an injunction.
Read more
The Ethereum “Merge” occurred on 15 September 2022, completing the blockchain network’s transition from a proof-of-work to a proof-of-stake consensus mechanism. The Merge resulted in an immediate 99.95% reduction in power consumption.

The Ethereum Merge and What It Means

Date
Sep 20, 2022
Author
OrionW
The Ethereum “Merge” occurred on 15 September 2022, completing the blockchain network’s transition from a proof-of-work to a proof-of-stake consensus mechanism. The Merge resulted in an immediate 99.95% reduction in power consumption.
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In a significant decision, the Singapore High Court granted injunctive relief and disclosure orders against unidentified persons and cryptocurrency exchanges to trace and recover stolen cryptocurrencies.

Singapore High Court Grants Injunctive Relief Over Cryptocurrencies Against Unknown Persons

Date
Mar 4, 2022
Author
OrionW
In a significant decision, the Singapore High Court granted injunctive relief and disclosure orders against unidentified persons and cryptocurrency exchanges to trace and recover stolen cryptocurrencies.
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Singapore has amended its laws protecting patents, trade marks, registered designs, plant varieties and geographical indications to make them more business-friendly and to improve operational efficiency and clarity.

Singapore Amends IP Laws for Business Friendliness, Efficiency and Clarity

Date
Feb 14, 2022
Author
OrionW
Singapore has amended its laws protecting patents, trade marks, registered designs, plant varieties and geographical indications to make them more business-friendly and to improve operational efficiency and clarity.
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The Monetary Authority of Singapore (MAS) offers a regulatory sandbox (the Sandbox) to encourage financial services providers to adopt innovative financial technology.

Applying to Join Singapore’s FinTech Regulatory Sandbox

Date
Nov 11, 2021
Author
OrionW
The Monetary Authority of Singapore (MAS) offers a regulatory sandbox (the Sandbox) to encourage financial services providers to adopt innovative financial technology.
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OrionW LLC
Level 37, 16 Collyer Quay
Collyer Quay Centre
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OrionW is a boutique law firm specialising in Singapore and cross-border corporate, commercial and regulatory matters, with a focus on technology, media and telecommunications (TMT) and financial technology (FinTech). We are dedicated to providing excellent legal service to clients at the leading edge of their markets.
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OrionW LLC (UEN 201505714C) is a Singapore law practice incorporated with limited liability.