Arthur Caplin, a solicitor in BLM’s Commercial Advisory and Private Wealth team, discusses the soaring value of the NFT market and the legal and regulatory challenges that could either send the market soaring higher, or bring it swiftly back to the ground.
Writing for The Fintech Times, Arthur said:
“The first potential warning sign of the NFT market is that it has started to slow, with prices starting to drop and NFT works losing significant value. This isn’t just the case for your run-of-the-mill NFT, but the high profile, well known NFTs...”
Click here to read the article in full on The Fintech Times website.
Disclaimer: This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to clients of BLM. Specialist legal advice should always be sought in any particular case.