Tag Archives: cryptocurrency

NFTs in the spotlight again – this time from a UK Parliamentary Committee

Posted on: January 30, 2023 by Emily Gould

“A year of great change” was how IAL Director, Alexander Herman, described 2022 in the IAL blog’s customary review of the year. Change has certainly been no stranger to those invested in NFTs and other crypto markets over the past year or so, with prices fluctuating wildly and markets extremely volatile. The soaring prices of […]

NFTs as property: courts start to rein in the NFT ‘Wild West’

Posted on: May 11, 2022 by Emily Gould

The NFT space is commonly characterised as a ‘Wild West’, where anything goes and legal controls are minimal. A recent decision of the UK High Court suggests that the law’s lasso of control is at least starting to bring some order to the purported chaos. In a case involving the alleged theft of two NFTs […]

NFTs – contemplating copyright and contract conundrums (part II)

Posted on: June 2, 2021 by Emily Gould

In our post last week, we explored some of the copyright issues raised by recent stories from the world of NFTs. Today, we turn our focus to matters of contract law. How can we address the challenges posed by contractual mechanisms unfamiliar to many in the art world? And where we might look for answers […]

NFTs – contemplating copyright and contract conundrums (part I)

Posted on: May 28, 2021 by Emily Gould

It hardly seems possible that the now world-famous sale of Beeple’s ‘Everydays’ NFT at the eyewatering price of $69 million happened less than three months ago. The sale was still underway when we first offered a few thoughts on the explosion of NFTs onto the mainstream art market. Bidding was at what now feels like […]

NFTs – a flash in the pan or a sign of things to come?

Posted on: March 9, 2021 by Emily Gould

Another week, another acronym for the art world. In the past year or so, whilst many AMPs (art market professionals) have grappled with getting to KYC (know your customer) in compliance with new AML (anti money-laundering) rules, they have also been faced with moving from the bustling world of art fairs and high street galleries […]