U.K. Court Recognizes NFTs as ‘Property'
Mon, May 9, 2022 2:24 PM

U.K. Court Recognizes NFTs as ‘Property'

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For the first time in the UK, NFTs have been recognized as property. In March, two NFTs from the Boss Beauties NFT collection were stolen from an online wallet of a user. In this case, the judge ruled that the NFTs will be considered a “property,” thus giving the ability to the owner to access legal protections.

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