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Clifford Chance

Clifford Chance

Briefings

Singapore Court Dismisses Summary Judgment Application in First Bitcoin Decision

11 January 2018

The first decision in Singapore relating to Bitcoin was released on 27 December 2017. The decision, although only interlocutory, is the first relating to cryptocurrencies in Singapore and highlights the legal implications of trades entered into through smart contracts, and the reversibility of such trades where a computer error is alleged.

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