NFTs: Key U.S. Legal Considerations for an Emerging Asset Class | JD Supra
The Situation: Non-fungible tokens are an emerging digital asset class that present a unique set of commercial, regulatory, and other legal considerations.
The Result: The current U.S. regulatory and legal framework is slowly catching up to the developing technology. Key legal issues include how NFTs can be categorized, intellectual property rights, anti-money laundering and sanctions implications, cybersecurity concerns and state laws governing virtual currencies.
