7.1 Regulation of Digital Assets
Cryptocurrencies and Tokens: In many countries, cryptocurrencies and tokens are classified as "digital assets" and are operated under specific regulatory frameworks, which may include anti-money laundering (AML) and customer due diligence (KYC) regulations.
NFTs: Non-fungible tokens (NFTs) may require special considerations under copyright and contract law. It is crucial to clarify the rights and obligations associated with digital content related to NFTs.
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