University of Cambridge - Cambridge Centre for Alternative Finance, University of Cambridge - Cambridge Centre for Alternative Finance, University of Cambridge - Cambridge Centre for Alternative Finance, affiliation not provided to SSRN, Independent, Cambridge Centre for Alternative Finance, Cambridge Judge Business School, University of Cambridge, Chinese University of Hong Kong - Faculty of Law, National University of Singapore (NUS) - Faculty of Law, Asia Pacific University of Technology and Innovation, affiliation not provided to SSRN, University of Cambridge - Cambridge Centre for Alternative Finance, affiliation not provided to SSRN, Ho Chi Minh City (HCMC) University of Law, affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN, affiliation not provided to SSRN and University of Cambridge - Cambridge Centre for Alternative Finance