MiCAR and NFTs – Are Non-Fungible Tokens Subject to MiCAR?
The question if NFTs and business models relating to them should be subject to MiCAR was controversially discussed and unclear for a long time. A compromise was reached in the end which now causes legal uncertainty.
NFTs as Crypto Assets – Are Non-Fungible Tokens Regulated Financial Instruments?
NFTs are based on blockchain technology, just like traditional cryptocurrencies. But does this necessarily result in NFTs qualifying as financial instruments in the sense of German regulatory law?
