CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
BitDegree 2024-03-13 07:16:41

US Study Declares Current Copyright Framework Suitable for NFT Market

Key Takeaways The USPTO and US Copyright Office report states current intellectual property laws are adequate for NFTs, avoiding the need for NFT-specific legislation. Stakeholders express concerns over premature NFT legislation potentially hindering the technology's growth, despite risks of trademark misappropriation and consumer exploitation. The regulatory landscape for NFTs remains complex, highlighted by the SEC's enforcement action against Impact Theory. This action underscored the need for a nuanced approach to digital asset regulation.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.