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Introducing Article 14 of the Copyright in Digital Single Market Directive (CDSMD) , the EU legislator made it mandatory across the 27 Member States to ensure that faithful reproductions of visual artworks belonging to the public domain remain free to circulate and be used across the Union.
Perhaps it is impossible to define such boundaries definitively, necessitating a case-by-case analysis. [3] Thus, Warhol possessed rights over the creative contributions he made, but so did Goldsmith, as her creation served as the foundation for the final artwork.
These assets can be anything from digital artwork and trading cards to in-game items, all of which are bought and sold using cryptocurrencies. The only law in India which talks about NFTs is the Income Tax Act 1961, which includes non-fungible tokens under the definition of virtual digital assets.
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