As adoption around blockchain, non fungible tokens (NFTs) and the metaverse grows, there’s an increasing focus on the legal challenges these emerging technologies present.
The Illinois Municipal League (IML) represents the interests of 219 home rule municipalities in Illinois.
The Washington state Department of Revenue (WDOR) in July 2022 published detailed guidance on the sales tax consequences of non-fungible token (NFT) sales, the first such guidance in the United States, and other state tax agencies may be eyeing how they too may capture NFT sales tax.
On May 16, 2022, the Belgian Competition Authority (BCA) published its long-awaited notice on enforcement priorities for 2022 (Notice).
This episode focuses on innovative solutions for fixing and transforming infrastructure. The conversation spans proposals and marketing, efficient trucking, building in the metaverse, efficient excavation spoils markets, and more.
On March 31, 2022, the Payment Card Industry Security Standards Council released version 4.0 of its Data Security Standard (PCI DSS 4.0). The new version—which brings major changes to the payments ecosystem—places an increased focus on targeted risk analysis, organizational maturity and governance.
You’ve invested in a plot of land in the metaverse; now what will you do with it?
The recent United States Supreme Court case, Alston v. NCAA, caused the National Collegiate Athletic Association (NCAA) to change its long-standing rules prohibiting compensation for use of a student-athlete’s name, image and likeness (NIL).
Section 230 immunity, which long has protected entities that host online platforms from liability for their users’ actions, may be significantly cut back.
Over the past year, the Telephone Consumer Protection Act (TCPA) landscape has undergone a series of significant shifts. TCPA defendants received a boost last year when the Supreme Court of the United States narrowed a key statutory definition in Facebook v. Duguid. Plaintiffs adjusted quickly with novel theories around the issue of whether minors can validly consent (Hall v. Smosh Dot Com., Inc.) to receive automated calls and text messages under the law.
The regulations implementing the CCPA require that a business verify the identity of a consumer that submits a specific-information access request to a “reasonably high degree of certainty.”
The Financial Industry Regulatory Authority (FINRA) in November 2022 released a targeted exam letter pertaining to communications for crypto products and services.
It has been a long and heated debate as to whether NFTs and certain cryptocurrencies can be deemed as securities under applicable laws and precedents.
In a prior post, we wrote about the importance of reviewing the terms governing the sale of an NFT to determine what rights, if any, are included in the sale in order to commercially exploit the asset associated with the NFT, and the confusion that emerges in interpreting such terms through the lens of copyright law.
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