Digital Assets & Virtual Assets
RWA Tokenisation in Hong Kong: Legal Framework and Structuring Guide
The global RWA market has reached USD 352 billion. But Hong Kong's "same activity, same risk, same regulation" framework imposes material compliance costs on issuers. Alan Wong LLP explains what the regulatory high wall means in practice — and how to navigate it.

In Pando Finance v Ng Ean Kiam, the Court of First Instance refused to enforce a 12-month non-compete against a crypto ETF portfolio manager. Five lessons for employers on territorial scope, duration, evidentiary requirements, and enforcement timing.