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NFTs and Intellectual Property in U S and China

Large digital transactions like that of Beeple NFT that sold for $69 million and NFT cooperations like that between Tiffany and CryptoPunks or millions-heavy NBA Top Shot NFT have made headlines. GenZ’ers dream of quick money through buy-and-sell of NFTs on crypto platforms.

Chinese Court Rules that NFTs Are Virtual Property With Value

It also recommended NFTs should be regulated under the country s e-commerce laws.

Breaking News:The First NFT Case in China_腾讯新闻

Recently, the Internet Court in Hangzhou, China, tried a case of a science and technology company infringing on the right to disseminate works information on the Internet.This case is the first case in which China s NFT (Digital Collection) infringement dispute was concluded and publicly pronounce.

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