Louis Ng on Stamp Duties (Amendment) Bill

September 2018

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Louis Ng on Stamp Duties (Amendment) Bill

(Updated: )

MP Louis Ng spoke on the Stamp Duties (Amendment) Bill in Parliament on Monday (Sep 10), calling it a significant step towards a regulatory framework built around a digitalised economy. However, Mr Ng asked the Government to clarify its regulatory stand on "proptech" - specifically start-ups that use blockchain to decentralise the electronic records of property transactions. He also wanted to know what is being done to educate the public on the legality of such services.

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