Topic
Virtual Assets
140 published works
China Law Insight
游戏停服后，玩家虚拟财产怎么办？
By King & Wood
作者：张浩淼 赵希 我国游戏行业市场规模近3000亿元，玩家规模近6.7亿人；在如此巨大的体量下，因游戏生命周期或运营权到期等各种原因，每年都有大量网络游戏停止运营。以2021年为例，游戏市场中存在手机游戏68.7万款，但与2020年相比，降幅高达20.8%。这意味着，2021年有近20万款游戏停止运营。《民法典》明确规定对虚拟财产予以保护，在网络游戏停服后，如何妥善处理玩家在游戏中投入所形成虚拟财产的相关权益，既涉及到游戏相关虚拟财产如何认定及衡量价值，更关乎游戏开发者、游戏运营者和玩家间三方利益平衡的问题。特别是，在游戏停服尚缺乏更明确具体的规范性文件指引，且其他国家和地区的确也没有十分完善、成熟的现成方案可供照搬照用的情况下，该问题亟待法律界、游戏界等社会多方面深入探讨，凝聚共识，探索切实可行的中国方案，以彰显虚拟财产保护的中国智慧。 阅读更多
Global Fintech & Digital Assets Blog
Hong Kong Continues Developing Its Virtual Asset Framework
The latest statements from the government and regulators indicate that Hong Kong is moving forward with enhancing its virtual asset regulatory and legal regime. By Simon Hawkins and Adrian Fong The Hong…
International Trade Law
Sanctions/Export Highlights [As of October 20, 2022]
By Jeffrey L. Snyder, Carlton Greene, Anand Sithian, Rachel Schumacher, Kelsey Clinton
New U.S. and UK Sanctions Partnership: On October 13, 2022, the Office of Foreign Assets Control (“OFAC”) and the UK’s Office of Financial Sanctions Implementation (“OFSI”) announced that they had…
Global Regulation Tomorrow
Dubai’s VARA publishes virtual asset marketing guidelines
By Matthew Shanahan, Andre Abou Aad, Hasanali Pirbhai
We have published a briefing note which looks at the Dubai Virtual Assets Regulatory Authority’s (VARA) first publicly-issued policy and guidelines, which cover the marketing of Virtual Assets.
Gravel2Gavel
Real Estate & Construction News Round-Up (09/28/22) – Virtual Property, ESG Reporting, and Economic Sanctions
By Pillsbury's Construction And Real Estate Law Team
by Pillsbury's Construction & Real Estate Law Team This week’s round-up features virtual land marketplaces, proposed sanctions from the European Commission against Russia, ESG reporting and transparency in the real…
Global Regulation Tomorrow
The FSRA publishes its principles for virtual asset regulation and supervision
By Matthew Shanahan, Andre Abou Aad, Hasanali Pirbhai
How should we regulate virtual assets? This is a question on the mind of almost every financial services regulator in the world. Many have adopted a very cautious and in…
Digital Currency + Blockchain Perspectives
Mandatory Licensing Regime for Virtual Asset Exchanges in Hong Kong
Hong Kong has traditionally been a hub for digital asset businesses in the region. As regulators in Hong Kong are working to tighten the regulatory regime on virtual asset exchanges,…
Money Laundering Watch
FATF Issues Targeted Update Report on Implementation of AML/CFT Standards on Virtual Assets
By Siana Danch
Report Focuses on Travel Rule Implementation – or Lack Thereof The Financial Action Task Force (“FATF”) recently issued an updated review of the implementation of its anti-money laundering (“AML”) and…
Global Fintech & Digital Assets Blog
Hong Kong Formalises Legal Framework to Regulate Virtual Asset Exchanges
Hong Kong’s licensing regime for virtual asset service providers to take effect in March 2023. By Simon Hawkins, Adrian Fong, and Shirley Wong On 24 June 2022, the Hong Kong…
Pushkar Taimni
Q&A on Cryptocurrency, Virtual Digital Assets and Taxation
We were recently asked for an opinion on the taxation on cryptocurrency under the Finance Bill, 2022. The following are the questions and in very short, the answers. The Finance…