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Protection of Nonfungible Tokens in Nepal

IP and Legal Filings

The Nepal Privacy Act was passed in September 2018. The Privacy Act, which implemented the constitutional right to privacy, had a big influence on how personal information was used legally. A commodity is said to be fungible in economics if it can be exchanged for another unit of the same commodity without losing any value.

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The Contested Meaning of Web3 & Why it Matters for (IP) Lawyers

Kluwer Copyright Blog

“Web3 cannot and should not be reduced to blockchain when the real shift is towards user ownership of digital assets… This definitional shift focuses attention on what assets can be legally owned and the meaning of ownership “rights,” more generally, in the emerging digital spaces of web3.”. . user ownership of digital assets)?

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Protection of Nonfungible Tokens in Indonesia

IP and Legal Filings

Non-fungible tokens (“NFTs”) continue to be popular. NFT creation, investment, sale, and ownership interest exists in Indonesia and elsewhere in the world. privacy policy; and. Introduction. Despite the demand in this novel asset class, Indonesia’s regulatory framework for NFTs is unclear.

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SpicyIP Weekly Review (July 12 – 18)

SpicyIP

NFTs (Non-fungible tokens), which act as a certificate of ownership for whatever the creator puts up for sale, allow artists to set their preferred terms of contract while making sales.