.On top of the fraud and scam issues related to crypto, NFTs also require intellectual property management. Web3 platform Niftyz aims to add legal clarity to the NFT market by using blockchain-verified emails to create and protect NFTs., even in the cornerstones of traditional finance. Take the United Kingdom, for example, where crypto asset holders jumped from 2.
The rising demand for legal services in the crypto industry is opening up a new market for lawyers. However, the legal system is struggling to keep up with the pace of innovation in the crypto space. Why is this? The main reason is that crypto-related innovation is, by nature, complex and constantly evolving.. This makes it difficult to determine what the buyer is getting, what the seller can claim after the purchase, or who owns which rights.
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Source: Cointelegraph - 🏆 562. / 51 Read more »