Cryptocurrency Q&A Can you legally own an NFT?

Can you legally own an NFT?

CherryBlossomDancing Wed Aug 28 2024 | 5 answers 1201

Can you clarify for me, is it legally permissible for individuals to own a non-fungible token, or NFT? I understand that NFTs represent unique digital assets, but I'm unsure about the legal implications of owning one. Are there any restrictions or regulations that I should be aware of before purchasing or acquiring an NFT? Additionally, how are NFTs treated under different legal systems and jurisdictions? Can you legally own an NFT?

Can you legally own an NFT?

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