What are the challenges in NFT marketplace development related to legal and regulatory compliance?

[tomhollon 0]

Legal and regulatory compliance can be challenging in NFT marketplaces. You should consult legal experts to ensure you comply with local and international laws, including copyright and tax regulations. It's vital to navigate the complex legal landscape surrounding NFTs, especially when dealing with intellectual property rights and cross-border taxation issues. Collaborating with legal experts can help you establish a robust legal framework, ensuring that your NFT marketplace operates within the boundaries of the law and protects both creators and collectors.

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