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This Newsletter is a continuation of the newsletter titled "Law and Issues in the Metaverse (1)" and provides further information about legal issues of the Metaverse. Some metaverses allow users the freedom to engage in economic activities such as creating, selling, and reselling content, processes that have the potential to increase recognition of digital content’s value over time (creating “digital assets”). This “freedom” has proven a desirable trait amongst metaverse users, so it is expected that the number of metaverses with such ecosystems will increase, necessitating a clearer understanding of digital asset regulation. All that can be said at the moment, however, is that, to the extent certain digital assets are classified as “financial products and services”, existing financial regulations...To read the full article, please see the PDF file

*This article is also available in Japanese.

It is also available in PDF.
Robotics/Artificial Intelligence Newsletter (July 27, 2022) (278 KB / 8 pages) Download PDF [279 KB]

Authors

福岡 真之介

In the area of Robotics/Artificial Intelligence, Shin Fukuoka mainly handles AI, Big Data and IoT. He acts as a Member of The Cabinet Office’s “Committee on Human-centered AI Social Principles” and Committee Member of the Ministry of Economy, Trade and Industry Investigative Commission on "The AI and Data Contract Guidelines Review Committee". In the area of Corporate, he mainly handles M&A and Corporate Governance. In the area of Restructuring/Insolvency, he has been involved in numerous restructuring and insolvency cases, with a focus on cross-border insolvency cases, representing both debtor parties and creditor parties. Most recently, he represented Daiichi Chuo Kisen Kaisha and Japan Airlines as a legal counsel of the debtor and Elpida, Takefuji and Mt.Gox as a creditor’s counsel. He has also contributed to many publications, including "Law and Strategy of the Internet of Things and Artificial Intelligence", "Artificial Intelligence: Law and Issues" and "Data Contract Law".