... initiatives form a legal framework intended to enhance market transparency and investor trust. Furthermore, case law in the U.S. is also establishing precedents: a recent appellate court decision confirmed that NFTs can be regarded as commodities under trademark law, strengthening the legal protection for digital collectible tokens. Europe: The MiCA regulatory framework has been enacted in the EU, standardizing requirements for cryptocurrency market participants and stablecoins. The European approach ...

... law, these initiatives form a legislative framework aimed at enhancing market transparency and investor trust. Additionally, judicial practice is evolving: a recent appellate court ruling in the U.S. confirmed that NFTs can be considered goods under trademark law, strengthening the legal protection of digital collectible tokens. Europe: The EU has implemented a comprehensive set of MiCA rules, unifying requirements for participants in the crypto market and stablecoins. The European approach provides ...

... metadata of the network, coordinates validators, and enables the creation of so-called subnets – separate blockchains that can have their tokens and rules while utilizing Avalanche's shared infrastructure. The concept of subnets has become a "trademark" of Avalanche: for example, projects can launch their networks for games or enterprise applications, without interfering with the main chain and adjusting parameters to suit their needs. Use cases have already been implemented where blockchain ...