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Distributed Ledger Technology (DLT) Today's Popular Updates Non-Fungible Tokens (NFTs)

BakerHostetler

Weekly Blockchain Blog - March 2024 #3

BakerHostetler on

Financial Firms Complete Blockchain Pilot, UK Approves Crypto ETNs - A recent press release announced completion of the Canton Network pilot, “a first-of-its-kind program demonstrating the interoperability of twenty-two...more

BakerHostetler

New Crypto Products Launch; Bank Pilots Crypto Trading; Reports Address Bitcoin Halving, DeFi Regulation; Crypto Enforcement and...

BakerHostetler on

New Crypto Payment and Staking Services Launch, Bank to Pilot Crypto Trading - According to recent reports, Transak, a leading payments infrastructure provider for crypto and NFTs, has announced a strategic collaboration...more

Orrick, Herrington & Sutcliffe LLP

Crypto Winter: How Companies and Investors Can Reduce Risk Amid Rising Enforcement and Litigation

The most recent crypto winter has been accompanied a flurry of U.S. enforcement actions and private litigation. Authorities fined Bitmex $100 million and sanctioned Tornado Cash. A wave of class actions grew. FTX’s collapse...more

Orrick, Herrington & Sutcliffe LLP

The Uniform Commercial Code and Digital Assets: What You Need to Know

Digital assets have soared in popularity, with waves of innovation outpacing legislation and regulation. To try to narrow the gap, the Uniform Law Commission has urged U.S. states to change commercial law governing the...more

Hogan Lovells

Digital Assets and Blockchain: 2022-23 Key Trends

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2022 promises to be a defining year for digital assets and blockchain, as governments move from a watch and wait position to delivering regulatory frameworks and taking strides to harness the potential of the technology....more

Hogan Lovells

Virtual goods and NFTs – IP protection of digital assets in gaming, social media and the metaverse

Hogan Lovells on

Digital assets and NFTs being all the rage, the European Union Intellectual Property Office (EUIPO) is increasingly receiving trademark applications covering virtual goods and NFTs, the regulatory classification of which is...more

Hogan Lovells

NFT at your service – English court grants service of proceedings by blockchain

Hogan Lovells on

For the first time, the English court has granted permission for service of proceedings to be effected by non-fungible token (NFT) on the blockchain. The option to serve by NFT may be vital for victims of cryptocurrency fraud...more

Dechert LLP

Countdown to MiCA: The EU’s cryptoassets regulation

Dechert LLP on

On 30 June 2022, the European Council (Council) and the European Parliament (Parliament), announced that they had reached a provisional agreement on the proposal for regulation on markets in cryptoassets (MiCA), which covers...more

McDonnell Boehnen Hulbert & Berghoff LLP

The Compelling Implications of Using a Blockchain to Record and Verify Patent Assignments

Given the recent bust cycle of cryptocurrencies and non-fungible tokens (NFTs), all things blockchain are currently tainted with words such as "bubble", "scam", and "fraud".  But blockchain technology, which is what enables...more

BakerHostetler

Crypto Payment Initiatives Launch; Report Cites Evolving Crypto Views; G7, ECB, BIS Address Crypto Risks; DOJ, CFTC Target NFT...

BakerHostetler on

New Cryptocurrency Payments Systems, Tokens and Trade Associations Launch - A leading global cryptocurrency platform has reportedly announced a partnership with a global e-commerce platform that would allow e-commerce...more

McGuireWoods LLP

Blockchain, Cryptocurrency and Non-fungible Token Litigation Primer: A Look at McKimmy v. OpenSea

McGuireWoods LLP on

Since 2020, the market for non-fungible tokens (NFTs) has grown rapidly. NFTs are units of data stored in a distributed ledger that represent unique collectibles, artwork or other property and can be sold and traded. (For a...more

Orrick - On the Chain

2022 Is the Year of Sweeping Changes for Cryptocurrency and Other Digital Asset Transfers

Orrick - On the Chain on

What to look out for in the proposed new Chapter 12 of the Uniform Commercial Code (UCC) The world of cryptocurrencies and other forms of digital assets (such as non-fungible tokens) is exploding. While Bitcoin is the...more

Kramer Levin Naftalis & Frankel LLP

Blockchain Patents and Litigation

Blockchain has the potential to be the new frontier of innovation and a disruptor of existing technologies, and with this, has the potential for significant patent litigation. The technology now commonly known as “blockchain”...more

Smart & Biggar

Art meets crypto – traditional copyright issues in a tokenized world

Smart & Biggar on

Non-Fungible Tokens (NFTs) are the latest development in disruptive blockchain technology innovations, this time in the world of digital art, collectibles, and even luxury goods. Traditional auction houses have already...more

Hogan Lovells

Cryptoassets and artificial intelligence in EU regulation - FinTech Perspectives

Hogan Lovells on

As in other fields of digital transformation, the EU Commission wants to set a standard with its draft regulations for both cryptoassets, and artificial intelligence. But is it ready for the challenge? Both technologies will...more

Sunstein LLP

Will NFTs revolutionize patent law?

Sunstein LLP on

NFTs continue to make waves, even as there is much speculation about their long-term future. As we have previously written, non-fungible tokens, or NFTs, present novel challenges and opportunities for intellectual property...more

Sheppard Mullin Richter & Hampton LLP

Blockchain Games and Collectibles – Patents and Other Legal Issues

1. Blockchain Games and Collectibles Are on the Rise – The use of blockchain (or distributed ledger) technology for games (a.k.a blockchain games) and token-based digital collectibles is on the rise. The overnight popularity...more

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