The Law of Cryptoassets is the Law of the Horse

Banking & Finance Law Review, December 2020

ANU College of Law Research Paper No. 21.7

11 Pages Posted: 10 Oct 2020 Last revised: 25 Mar 2021

Date Written: August 21, 2020

Abstract

The High Court of New Zealand, in Ruscoe and Moore v Cryptopia Limited (In Liquidation) had to decide an interesting question about whether cryptocurrencies traded on the exchange in this case have the legal status of property. If yes, there was also a subsequent question about whether such property is capable of being the subject matter of a trust. The court decided in the affirmative with regard to both these questions. This comment will focus on the former issue. After a discussion of the judgement inasmuch as the legal status of cryptoassets is concerned, this case comment will consider the implications of the decision and highlight some future areas of interest.

Keywords: Cryptoassets, Property, New Zealand

Suggested Citation

Kamalnath, Akshaya, The Law of Cryptoassets is the Law of the Horse (August 21, 2020). Banking & Finance Law Review, December 2020, ANU College of Law Research Paper No. 21.7, Available at SSRN: https://ssrn.com/abstract=3678525 or http://dx.doi.org/10.2139/ssrn.3678525

Akshaya Kamalnath (Contact Author)

ANU College of Law ( email )

Australia

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
204
Abstract Views
986
Rank
269,874
PlumX Metrics