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Changes to IP laws 'not necessary' to deal with NFTs, says rep | NFTs & DeFi 🗓

Changes to IP laws 'not necessary' to deal with NFTs, says report

IP laws do not currently need to change to address infringement concerns relating to the use of non-fungible tokens (NFTs). So said the USPTO and US Copyright Office in a joint study published 13 March examining the IP law and policy implications of NFTs. NFTS are part of an emerging technology that leverages blockchain technology for a variety of uses such as representing ownership of digital art or authenticity of products and services, implicating IP rights.

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