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virtual assets

Ukrainian law “On virtual assets”

The law provides for a comprehensive regulation of legal relations arising in connection with the circulation of virtual assets in Ukraine, defines the rights and obligations of participants in the market of virtual assets, the principles of state policy in the field of virtual assets.

The law defines the concept of “virtual asset”, according to which a “virtual asset” is an intangible asset that is the object of civil rights, has value and is expressed in a set of data in electronic form. The existence and turnover of a virtual asset is ensured by the system of ensuring the turnover of virtual assets. A virtual asset can certify property rights, including claims to other objects of civil rights.

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NFT virtual assets

Virtual assets: Non-fungible tokens and law

MOKHFI SMAHI, UNIVERSITÉ CAEN NORMANDIE

Introduction

The world is changing significantly in recent years. The development of new technologies has led to a great advance in society.

Nowadays, we do not only think of the internet when we talk about evolution but also of many other concepts that have emerged in recent years. Artificial intelligence, cryptocurrency and non-fungible tokens (NFT) are just a few examples.

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