Maria
Sun Jun 09 2024
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6 answers
1177
Is NFT legal in Germany?｜According to German law, tokens can only be crypto assets if they are either accepted as a means of exchange or payment or serve investment purposes. Due to their individual design, NFTs are rarely if ever considered as means of payment or exchange.Non Fungible Tokens Can Be Regulated Crypto Assets
Is it legal to own and trade Non-Fungible Tokens (NFTs) in Germany? As per German legislation, what qualifies as crypto assets? Are NFTs typically recognized as a form of payment or exchange in the country? Given their unique nature, how are NFTs classified under the regulatory framework? Could they potentially be regulated as crypto assets despite not being widely used as a means of payment or exchange?
