FinTech Compliance Solutions in the UAE. Revolutionary or risky?
The UAE is the Middle East’s leading financial center and a global hub for trade, particularly in gold and precious metals. This large presence in the...
Tagged: law
Stolen FTX funds move into Bitcoin
The FTX cryptocurrency exchange debacle continues to rock the crypto space. Players are trying to find out where the contagion will reach next because FTX and...
Minnesota and Wisconsin include income from NFT sales within the sales tax base
The taxation of non-fungible tokens (NFTs) has been the subject of considerable debate throughout their relatively short existence. As reported in this newsletter earlier, some states...
Bored Apes, NFTs and Copyright
As we have explained previously, a non-functional token (NFT) is not a form of intellectual property. It is not like a copyright, patent or trademark. It...
The Legit Ledger Episode 12: Fintech Enforcement In Light of the Ooki DAO Lawsuit with Bill Kane and Zack Golda
Click here to listen to the audio. In this episode of The Legit Ledger, Sheppard Mullin attorneys Bill Kane and Zack Golda join host Yasamin Parsafar...
Two Bored Apes Enters an NFT Marketplace … and Tests the Limits of Intellectual Property Rights
The Yuga case raises interesting questions regarding IP rights in the new web3 space, where NFTs are now widespread. Yuga Labs Inc., the blockchain technology company...
How to Protect Your NFTs – Singapore Court Grants Landmark Injunction over NFTs
Introduction The age of the crypto economy has brought about a marked shift in what the market attributes to value. One of the more prominent examples...
The district court says that the blockchain network’s token is a security
On November 7, the US District Court for the District of New Hampshire ruled that digital tokens sold by a blockchain network qualify as securities under...
RPC Law x Web3: Considerations for NFT founders who build community and benefit users
In the past when one bought an NFT, the only expectation was that he or she was buying rights to an asset (usually a piece of...
The Canadian fintech review: The use of blockchain in fintech
Click here to watch the video Blockchain has been heralded as the future of fintech, bringing increased security and more efficient data management to power a...