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US trademark, patent and copyright offices to examine the impact of NFTs on intellectual property rights

Jul, 13, 2023 Hi-network.com

The U.S. Copyright Office and the U.S. Patent and Trademark Office will explore the impact of NFTs on intellectual property rights after the formal request from U.S. Senators Patrick Leahy and Thom Tillis.

The joint study comes amid recent controversies and legal disputes related to the NFTs. Senators have provided a list of topics they want the Offices in question to address and consider. The list includes considerations of 'how NFTs fit into the world of intellectual property rights,' both the present situation and prospective challenges that NFTs could impose on intellectual property rights in the future.

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