Holpop News

A bill has been introduced in the State Duma that proposes to “recognize NFT tokens as a non-interchangeable token of a unique digital asset (images, video or other digital content or asset) in the form of non-interchangeable data stored in a distributed registry system (blockchain system).”
They want to fix the term in article 1225 of the Civil Code of the Russian Federation.
Amendments are being made to expand the list of protected results of intellectual activity in the form of non-interchangeable tokens.
“We need to protect the rights of NFT owners. Now in the legal field in Russia there is no such concept at all, and people continue to make transactions with NFT-tokens at their own risk. With cryptocurrencies things have moved on, but NFT is not a digital currency, but a digital certificate of ownership, i.e. an intellectual property object, so we propose to regulate NFT as intellectual property”, – said Anton Tkachev, member of the faction “New People”.