Postponed: Crypto Currencies and NFTs: Concept and Taxation in HK

Taxation Law Research Programme (TLRP)

This webinar has been postponed.

Our speaker, Dr Oriol Caudevilla, has laryngitis, resulting in a temporary loss of voice. We are sorry about this unavoidable change but please note that we are already making arrangements to run this webinar once Oriol has recovered. We will make an announcement soon on the arrangements for the rescheduled presentation of this Webinar.

Crypto Currencies and NFTs: Concept and Taxation in Hong Kong

Crypto currencies are without doubt one of the most famous Decentralized Finance (DeFi) applications, probably the flagship of the DeFi industry. These last two years, we have seen not only a surge in the price of most crypto currencies, among them Bitcoin, but we have also seen institutional investors become more interested in investing in cryptos. However, regulators across the globe struggle to keep up with the pace of balancing state of the art technology with the use of traditional regulatory schemes. How to tax them has been a matter of debate too. On the other hand, NFTs (Non-Fungible Tokens), which are usually supported by the Ethereum blockchain, are unique assets in the digital world that can be bought and sold like any other piece of property. Most of the media interest for NFTs began in March 2021, when a digital-only artwork was sold at Christie’s auction house for $69m. The winning bidder did not receive any physical painting or print, but a unique digital token, the NFT. The speaker will focus on providing the attendees with a brief introduction to blockchain technology and two of its main applications, crypto currencies and NFTs, before ending with an analysis of how digital assets are taxed in Hong Kong.

About the Speaker:

Dr Oriol Caudevilla is a FinTech Advisor, Management & Strategy Consultant and Researcher on Digital Banking and Finance, Central Bank Digital Currencies, Blockchain, Crypto and M&A. Oriol works as Co-Leader of the Financial Inclusion and CBDCs Working Groups at the Global Impact FinTech (GIFT) Forum, Strategic Advisor at a Hong Kong-based WealthTech company, ETFCool, Strategic Advisor at Alpha Bright Asset Management (Hong Kong), Mentor at R3 (Singapore), Mentor at Cyberport (Hong Kong), Mentor at the Hong Kong Science and Technology Park (HKSTP), FinTech Mentor at F10 Incubator & Accelerator (Singapore), Blockchain Mentor at Tribe (Singapore) and also FinTech Mentor at Rise by Barclays (London and Mumbai). Oriol is a Fellow of the Digital Euro Association (D€A) and the Singapore University of Social Sciences (SUSS), as well as an Honorary Fellow of the Asian Institute of International Financial Law at the University of Hong Kong (HKU). He is a member of the FinTech Association of Hong Kong, the Singapore Fintech Association (SFA) and FinTech Australia. He has given talks and seminars on the Chinese Financial System, Central Bank Digital Currencies and the Digital Yuan at more than 100 international conferences.

Enquiries: Flora Leung at fkleung@hku.hk