U.S. Govt. Study Affirms Existing IP Laws for white label NFT marketplace development
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The study confirmed that current copyright and trademark laws generally suffice to address IP concerns related to NFTs. This implies that creators' rights, established through copyright and trademark registrations, remain enforceable in the context of NFTs. A significant finding was the consensus against creating entirely new laws specifically for NFTs and intellectual property. The study suggests that current legal frameworks can adapt to address the evolving NFT landscape. The U.S. government's study on white label NFT marketplace development and intellectual property advocates for a cautious approach. While recognizing potential hurdles, the study emphasizes the sufficiency of existing IP laws.