A government study finds that while IP theft is commonplace in the world of NFTs, existing laws can be applied to protect U.S. copyright, trademark and patent rights. Those are the findings of a study released this month by the U.S. Patent and Trademark Office in conjunction with the U.S. Copyright Office. The 112-page report concludes “existing statutory enforcement mechanisms are currently sufficient to address infringement concerns related to NFT applications, and that changes to intellectual property laws,” or to registration and recordation practices, “are not necessary or advisable at this time.” Continue reading IP Theft Common in NFT Markets, But No New Laws Required

The U.S. Patent and Trademark Office has issued revised guidance on patents for inventions created using artificial intelligence, a fast-developing category of intellectual property law. The advisory says patents may cover AI-assisted inventions in cases where “a natural person provided a significant contribution.” Insofar as what constitutes appropriately significant input, the agency is looking for the “right balance” between “awarding patent protection to promote human ingenuity and investment for AI-assisted inventions while not unnecessarily locking up innovation for future developments,” according to a USPTO blog post. Continue reading USPTO Says Only Humans Can Patent, Although AI May Assist