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Does crypto.com charge fees for credit cards Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. The comments, opinions, and analyses expressed on Investopedia are for informational purposes online. Gatecoin's centralised Platform saw a customer's deposit of cryptocurrencies being transferred and mixed with the same type of cryptocurrency from other customers in a specific mother wallet. Silver Badge. There have been similar rulings in Mainland China, while the U. Infinite Grid.
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Gatecoin Limited, a Hong Kong company which had operated a cryptocurrency exchange platform, was wound up by the Court. Its liquidators sought. Gatecoin's platform provided cryptocurrency trading and withdrawal services for customers who created accounts and deposited cryptocurrencies. A Hong Kong court has recognized crypto as property "capable of being held on trust" in a case involving shuttered crypto exchange Gatecoin.
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Regulations Hong Kong Crypto Gatecoin liquidation. May 13, Subject matter Linda Chan J found there to be sufficient certainty of subject matter, in spite of the fact that the assets were placed into a common pool. Internal Revenue Service treats crypto as property for tax purposes.