Once relegated to the fringe of the crypto/FinTech communities, non-fungible tokens (NFTs) are suddenly mainstream, appearing in new and increasingly commercial use cases, such as financial services, automotive industry applications, electronic gaming, sport highlights, music albums, film, art, fashion and digital branding. We consider the key legal and regulatory issues in relation to NFTs in the context of a wide range of use cases, industry sectors and jurisdictions.
Navigating NFTs (Non-Fungible Tokens): A global legal and regulatory guide
Once relegated to the fringe of the crypto/FinTech communities, non-fungible tokens (NFTs) are suddenly mainstream, appearing in new and increasingly commercial use cases, such as financial services, automotive industry applications, electronic gaming, sport highlights, music albums, film, art, fashion and digital branding.
Hermès succeeds in enforcing trade mark rights in NFT dispute
On February 8, 2023, a jury found Rothschild liable for trademark infringement, trademark dilution and cybersquatting based on Rothschild’s use of the Birkin mark to promote and sell the MetaBirkins NFTs.
Blockchain law: Serving process by airdropping NFTs: The next frontier?
Robert Schwinger discusses obtaining relief for defendants in matters involving cryptocurrencies and other blockchain tokens.
Law Commission proposes revolutionary rules for ownership of crypto tokens and NFTs
There is a major earthquake happening in the sphere of digital assets, which is expected to create shockwaves that will impact tech not only in the real world but also in the metaverse.
The Law Commission's 'data objects': digital assets as a new property class
A consultation paper lays the foundation for treating digital assets as legal property under English law
Hermès Challenge of “MetaBirkin” NFTs to Continue
In a case that is likely to provide much awaited guidance on the application of trade mark law to non-fungible tokens (NFTs), luxury design house Hermès International and Hermès of Paris, Inc. (Hermès) is suing artist Mason Rothschild in the U.S. District Court for the Southern District of New York for trademark infringement and dilution, misappropriation of its BIRKIN trademark, cybersquatting, false designation of origin and description, and injury to business reputation.
Are NFTs a type of property under English law
An English court has reportedly recognised a non-fungible token (NFT) as a type of property in an as yet unreported High Court decision.
NFTs and copyright infringement: Miramax v Tarantino
Director Quentin Tarantino recently announced that he would be auctioning as non-fungible tokens (“NFTs”) excerpts from the original handwritten screenplay of the 1994 film Pulp Fiction.
NFTs and Intellectual Property Rights
Here we unravel some of the mystery surrounding NFTs and provide an insight into the intellectual property opportunities and pitfalls that a business should be aware of.
Webinars & Videos
Disputed: Web3, NFTs and the Metaverse | S2 EP10
Disputed episodes Avatars, Bored Apes and Nike sneakers – a look at our new virtual reality with guest Nick Abrahams. As the Metaverse is expected to become a $1 trillion market, many o...
What is an NFT & why are people paying so much for them?
0.5 CPD point | NFTs are part of a broader megatrend known as Web3. Web3 is the coming together of augmented reality, the metaverse, cryptocurrencies, decentralised finance and NFTs. Web3 will impact all organisations and it is important to know about it. At Norton Rose Fulbright we are working with many organisations embracing the opportunities of Web3.
You might be interested in
<em>FinTech</em> Pulse podcast
In our ‘FinTech Pulse’ monthly podcast we explore the latest global news, regulatory developments, trends and hot topics in the Fintech sector.
Web3 goes Mainstream Podcast Episodes
In this tech-packed series our Global Co-leader of Digital Transformation, Nick Abrahams, explores the latest trends and developments in the cryptocurrency space with expert guest speakers.
Tech in Focus
Artificial intelligence (AI) is transforming the way we work, and as businesses shift more and more of their operations to AI technologies, there are some legal implications that must be considered including regulatory compliance and ethical, commercial, intellectual property and data privacy related issues.
What is an NFT and how is it different from a fungible, or any other, token? How can the ownership of a tangible item be represented by an intangible token? Does the owner of an NFT own the underlying object or asset it might represent? Are NFTs regulated and, if so, how?
Insights and resources to help navigate the increasingly complex regulatory tech landscape.