Earlier this week, the Singapore High Court handed down a decision concerning cryptocurrency valuation in the context of assessing damages for breach of contract and made some important observations in the process. The Court explored two key valuation challenges arising from the uniquely volatile nature of cryptocurrency: (i) how to ascertain market value; and (ii) determining the correct point in time to conduct the valuation. The judgment provides insight on looming issues likely to confront…
By: Conyers
By: Conyers
