Digital Assets in Hong Kong: What are They and How are They Taxed
31 May 2021
Speaker: Dr Oriol Caudevilla
Organized by AIIFL’s Taxation Law and Research Programme (TLRP)
Digital assets in capital markets are assets issued and transferred using blockchain. Blockchain is clearly set to have an exceptional impact on the future of the world economy. Even though blockchain is best known for underpinning the operation of crypto currencies such as Bitcoin, this technology can be used in countless other areas, such as banking, Central Bank Digital Currencies (CBDCs), healthcare, smart contracts, financial services, supply chain management, insurance, IoT, and video games, for example. It is important that digital assets and cryptocurrencies are not the same. It is important to understand that although all cryptocurrencies are digital assets, not all digital assets are cryptocurrencies. Dr Oriol Caudevilla (AIIFL Honorary Fellow) provides an introduction to blockchain technology and one of its main applications, crypto currencies, before concluding 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. Dr Caudevilla is an Honorary Fellow of the Asian Institute of International Financial Law at the University of Hong Kong and a Fellow of the Digital Euro Association and the Singapore University of Social Sciences. He is a member of the Singapore Fintech Association and FinTech Australia. He has published articles in the China Daily, both Global and Hong Kong Editions, and Macau Business. He has presented seminars on the Chinese Financial System, Central Bank Digital Currencies and the Digital Yuan in several universities in the US, Canada, Mainland China, Hong Kong and Macau. He has also presented at the Israel/UAE Fintech Week, the Future of Fintech Saudi Arabia and the Greater Bay Area Blockchain Week