NFT Financial and Legal Regulation: Necessity and Sufficiency

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Abstract

The article raises the question of the need to create a legal framework capable of regulating new financial elements; examines the diversity of the nature of a non-interchangeable token; analyzes the relationship of NFT with classical structures such as the object of civil relations, copyright and others; concludes the importance of distinguishing the essence of NFT in each case; the result of the study is a proposal to regulate individual manifestations NFT through the adoption of special legislation.

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About the authors

Ekaterina S. Sokolova

Vladimdir State University named after Alexander and Nikolay Stoletovs

Author for correspondence.
Email: katisokol1@mail.ru
ORCID iD: 0009-0004-7699-0837
Russian Federation, Vladimdir

Anastasia I. Filimonova

Vladimdir State University named after Alexander and Nikolay Stoletovs

Email: filimonova_ai508@mail.ru

Cand. Sci. (Law), Associate Professor

Russian Federation, Vladimdir

References

  1. Sitnik A.A. NFT as an object of legal regulation. Current Problems of Russian Law. 2022. No. 12 (145). Pp. 84–93. (In Rus.)
  2. Talapina E.V. Law and digitalization: New challenges and prospects. Journal of Russian Law. 2018. No. 2 (254). Pp. 5–17. (In Rus.)

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