{"id":61698,"date":"2022-05-19T13:11:24","date_gmt":"2022-05-19T10:11:24","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61698"},"modified":"2025-09-05T13:44:34","modified_gmt":"2025-09-05T10:44:34","slug":"lawmakers-submit-bill-on-nfts-to-russias-state-duma","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/lawmakers-submit-bill-on-nfts-to-russias-state-duma\/","title":{"rendered":"Lawmakers Submit Bill on NFTs to Russia&#8217;s State Duma"},"content":{"rendered":"<p>In Russia&#8217;s State Duma, a <a href=\"https:\/\/sozd.duma.gov.ru\/bill\/126586-8\">\u0437\u0430\u043a\u043e\u043d\u043e\u043f\u0440\u043e\u0435\u043a\u0442<\/a> proposing changes to the Civil Code that codify the concept of a non-fungible token (NFT) has been registered.<\/p>\n<p>The bill would expand the scope of protectable intellectual property assets in the form of NFTs.<\/p>\n<p>They propose to define it as \u201ca non-fungible token of a unique digital asset (images, videos or other digital content or asset) in the form of non-fungible data stored on a distributed ledger.\u201d<\/p>\n<p>The initiative aims to anchor the concept of such tokens in law and to provide protection for their owners, the explanatory note says:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cNFT should not be classified as digital currencies, as they are digital certificates of ownership, i.e., objects of intellectual property.\u201d<\/p>\n<\/blockquote>\n<p>The authors of the bill believe that its adoption will ensure the application of IP-protection norms to NFTs.<\/p>\n<p>Earlier, a bill on mining in the Russian Federation <a href=\"https:\/\/u1f987.com\/en\/news\/bill-on-mining-in-russia-introduced-to-the-state-duma\">on mining in the Russian Federation<\/a>. Also, the Ministry of Finance <a href=\"https:\/\/u1f987.com\/en\/news\/russian-finance-ministry-changes-terminology-in-on-digital-currency-bill\">is drafting a document &#8216;On Digital Currency&#8217;<\/a>, regulating the turnover and issuance of cryptocurrencies within the Russian Federation, and the activities of exchanges and exchangers.<\/p>\n<p>Follow ForkLog\u2019s bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The State Duma of the Russian Federation has registered a bill amending the Civil Code to codify the concept of a non-fungible token (NFT).<\/p>\n","protected":false},"author":1,"featured_media":61699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1213,36,27],"class_list":["post-61698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-nft","tag-regulation","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=61698"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61698\/revisions"}],"predecessor-version":[{"id":61700,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/61698\/revisions\/61700"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/61699"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=61698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=61698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=61698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}