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Malaysia - Can NFTs Be Considered Properties?

Malaysia - Can NFTs Be Considered Properties? Legal News and Analysis - Malaysia - Intellectual Property, Regulatory & Compliance - ....

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Legal Aspects Of Non-Fungible Tokens In Malaysia.

Legal Aspects Of Non-Fungible Tokens In Malaysia. Legal News and Analysis - Malaysia - Banking & Finance, Regulatory & Compliance, Tax - ....

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Legal Aspects Of Non-Fungible Tokens In Malaysia - Fin Tech

Since 2021, transactions involving Non-Fungible Tokens ("NFT") have seen a rise in popularity. NFT is the flavour of the month and people have taken full advantage of this so called NFT-bubble. ....

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Cryptocurrency Falls Within Section 73 Of The Contracts Act 1950 - Technology

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The Malaysian courts have recognised cryptocurrency as a
security and a commodity. In the case of
Luno Pte Ltd
& Another v Robert Ong Thien Cheng (Civil Suit No.
BA-B52NCVC-389-12/2017), the Shah Alam Sessions Court held that
cryptocurrency falls within the ambit of anything under
Section 73 of the Contracts Act 1950 ( CA 1950 ) as
cryptocurrency is a form of commodity with an attached value. On
appeal, the Shah Alam High Court, in
Robert Ong Thien
Cheng v Luno Pte & Another (Civil Appeal No.
12BNCVC-91-10-2018), upheld the Sessions Court s ruling. ....

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