NFTs - Key Legal Issues Answered (Video)

In today's WH Insights episode, Joseph F Borg (Head of Fintech at WH Partners) talks about the legal implications of Non-Fungible Tokens or "NFTs". Can anyone make or sell NFTs? Do NFTs qualify as Financial Instruments or Securities? What about intellectual property? What do you need to know about NFTs and copyrighting?

The Oxford Dictionary defines a collector's item as an object valued for its age, rarity, or some special interest. I think of NFTs as such items.

In an increasingly digital world, spurred on by the pandemic, the creation of valuable digital assets has become inevitable.

NFTs initially hit the headlines in 2017 with the launch of cryptokitties and the craze surrounding them. Although attracting less attention from the general public, since then NFTs have become quite popular with gamers in esports, a sector which is growing exponentially.