UKIPO Publishes Guide on NFT and Virtual Goods Trademarks

DailyCoin

Published Apr 04, 2023 06:30PM ET

UKIPO Publishes Guide on NFT and Virtual Goods Trademarks

  • UKIPO has shared a document for NFTs.
  • The IP body provided context on what goods and services it accepts.

NFTs are still considered a nascent sector despite their booming status. Given the rising adoption from users, governments worldwide are trying to understand the technology better and regulate it for citizens.

This includes the UK government, which after the appointment of a crypto-friendly Prime Minister Rishi Sunak, has its sights set on laying the regulatory groundwork for all things crypto, especially NFT trademarks.

A Solid Foundation

On Monday, April 3, The United Kingdom Intellectual Property Office (UKIPO) shared a guide titled “The Classification of non-fungible tokens (NFTs), virtual goods, and services provided in the Metaverse.”

The document guides customers looking to apply for UK trademarks related to...

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