By Tiffany Hu (August 16, 2022, 9:03 p.m. EDT) – The decision by the United States Patent and Trademark Office and the United States Copyright Office to study the impact of intellectual property rights on non-fungible tokens is a welcome move, with attorneys advising Law360 there are key questions they want answered, including what the definitions of core terms are and how best to protect client assets.

In July, the agencies announced they were launching a joint study of NFTs — which are unique digital assets that are stored on a blockchain and represent ownership of an item — following a request from lawmakers. claiming that it was “imperative” to understand their effect on intellectual property. …

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