NFTs: How Nonfungible Tokens Fit into Preexisting Regulatory Policies Globally Analysis of the Legal Implications

Authors

Mary Katherine Nix, Southern Methodist University, Dedman School of Law

Abstract

Nonfungible tokens (NFTs) represent the latest and perhaps most controversial form of cryptocurrency. Due to their unique nature and ability to implicate multiple legal rights, it is unclear how NFTs should or can be regulated. The lack of regulatory guidance globally has caused some investors to avoid them at all costs and issuers, advisers, and purchasers of NFTS at risk of litigation. But creating a new regulatory framework for this new form of crypto could take years. As such, countries should mold NFTs into existing cryptocurrency framework.

Recommended Citation

Mary Katherine Nix, Comment, NFTs: How Nonfungible Tokens Fit into Preexisting Regulatory Policies Globally Analysis of the Legal Implications, ILRA Student Forum (2023)