3-Hour Program

See Credit Details Below

Overview

Discovering NFTs: What Your Company Needs to Know About NFTs in 2023

Why You Should Attend

Join our experienced faculty as they explore the unique and cutting-edge legal issues arising out of the growing legal landscape around NFTs and learn how to the rapid evolution of blockchain technology can have a direct impact on your clients’ businesses and the legal issues that you must confront on a regular basis around it.

What You Will Learn

After completing this program, participants will be able to:

  • Understand how NFTS are used in business transactions, including using NFTs as collateral, perfecting security interests in NFTs, and valuation
  • Know financial issues surrounding NFTs including securities laws, money transmission laws and regulations, AML, OFAC prohibited countries and potential risks and strategies around use of digital currencies
  • See how federal and state tax laws and regulations apply to NFTS. Are there any business strategies in connection with NFTs that could be advantageous from a tax point of view?

Who Should Attend

This program is ideal for attorneys who counsel clients on developing, purchasing or using technology in their daily businesses.

Program Level: Overview 

Prerequisites: An interest in the legal issues posed by convergence of technology and legal services.

Advanced Preparation: None.

Intended Audience: This program is ideal for attorneys who counsel clients on developing, purchasing or using technology in their daily businesses.



Lecture Topics [Total time 00:03:30]

Segments with an asterisk (*) are available only with the purchase of the entire program.


  • Opening Remarks* [00:07:47]
    Daniel N. Budofsky
  • NFTs in Commerce: Sales, Financings, Security Interests and Other Transfers [01:05:52]
    Prof. Christopher Odinet, R. Marshall Grodner
  • Issues in Financial Regulation: The Applicability of the U.S. Securities Laws, Commodity Laws, and Other Financial Regulation to Various Use Cases of NFTs [00:58:03]
    Daniel N. Budofsky
  • NFT Taxation: What Guidance Currently Exists and Using Established Tax Principles to Fill the Voids [01:02:28]
    Fotis Konstantinidis, Megan L. Jones, Prof. Jordan Barry

The purchase price of this Web Program includes the following articles from the Course Handbook available online:


  • Complete Course Handbook
  • Transfers of Interests and Transactions in Digital Assets
    R. Grodner
  • Christopher K. Odinet and Andrea Tosato, Floating Liens Over Crypto-in-Commerce, Indiana Law Journal, Forthcoming, U Iowa Legal Studies Research Paper No. 2023-17 (May 22, 2023), available at SSRN: https://ssrn.com/abstract=4424022
    Christopher Odinet
  • Adam Goldberg, Richard P. Donoghue, David Oliwenstein and Eleanor Furlong, Pillsbury Winthrop Shaw Pittman LLP, Alert, How Are Digital Assets Regulated in the United States and Elsewhere? (January 17, 2023)
    Daniel Budofsky
  • Daniel N. Budofsky, Megan L. Jones and Max A. Winograd, Pillsbury Winthrop Shaw Pittman LLP, Alert, Digital Commodities Consumer Protection Act Seeks to Provide Oversight of Digital Assets (August 16, 2022)
    Daniel Budofsky
  • James Campbell and Eleanor Furlong, Pillsbury Winthrop Shaw Pittman LLP, Alert, Provisions Relating to Digital Assets under the Financial Services and Markets Act 2023 Come into Force (August 29, 2023)
    Daniel Budofsky
  • Anonymous, Comments on Cboe BZX Rulemaking to the U.S. Securities and Exchange Commission, File No. SR-CboeBZX-2021-019 (March 27, 2021)
    Daniel Budofsky
  • Kristen E. Busch, Congressional Research Service, Non-Fungible Tokens (NFTs), No. R47189 (July 20, 2022)
    Daniel Budofsky
  • Jonathan Levin, Co-Founder and Chief Strategy Officer, Chainalysis Inc., Written Testimony, Hearing on Future of Digital Asset Regulation Before the House Agriculture Committee Commodity Exchanges, Energy and Credit Subcommittee (June 23, 2022)
    Daniel Budofsky
  • Commissioner Caroline D. Pham, Commodity Futures Trading Commission, Speech, Regulation of the Future: Building Responsible Digital Asset Markets, Keynote Address Before the 18th Nasdaq Technology of the Future Conference—Reimagining Tomorrow’s Markets (June 28, 2022)
    Daniel Budofsky
  • Vincent R. Molinari, Chief Executive Officer, President, Arkonis Capital LLC, Request to Secretary Countryman for Rulemaking Regarding Non-Fungible Tokens (April 12, 2021)
    Daniel Budofsky
  • U.S. Securities and Exchange Commission, Commissioner Hester M. Peirce, Statement, Remarks Before the Investor Advisory Committee (December 2, 2021)
    Daniel Budofsky
  • Additional Resources List
    Daniel Budofsky
  • NFT Taxation: What Guidance Currently Exists and Using Established Tax Principles to Fill the Voids (Substantive Outline)
    Megan Jones
  • Considerations in NFT Valuation Methodologies
    Fotis Konstantinidis

Presentation Material


  • NFTs in Commerce: Sales, Financing, Security Interests and Other Transfers
    R. Marshall Grodner, Prof. Christopher Odinet
  • Issues in Financial Regulation: The Applicability of the U.S. Securities Laws, Commodity Law and Other Financial Regulation to NFTs
    Daniel N. Budofsky
  • NFT Taxation: Key Issues and Rules in 2023
    Prof. Jordan Barry, Megan L. Jones
  • Considerations in NFT Valuation Methodologies
    Fotis Konstantinidis

Why You Should Attend

Join our experienced faculty as they explore the unique and cutting-edge legal issues arising out of the growing legal landscape around NFTs and learn how to the rapid evolution of blockchain technology can have a direct impact on your clients’ businesses and the legal issues that you must confront on a regular basis around it.

What You Will Learn

After completing this program, participants will be able to:

  • Understand how NFTS are used in business transactions, including using NFTs as collateral, perfecting security interests in NFTs, and valuation
  • Know financial issues surrounding NFTs including securities laws, money transmission laws and regulations, AML, OFAC prohibited countries and potential risks and strategies around use of digital currencies
  • See how federal and state tax laws and regulations apply to NFTS. Are there any business strategies in connection with NFTs that could be advantageous from a tax point of view?

Who Should Attend

This program is ideal for attorneys who counsel clients on developing, purchasing or using technology in their daily businesses.

Program Level: Overview 

Prerequisites: An interest in the legal issues posed by convergence of technology and legal services.

Advanced Preparation: None.

Intended Audience: This program is ideal for attorneys who counsel clients on developing, purchasing or using technology in their daily businesses.

Industries

Credit Details

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