Legal pitfalls to note before investing in NFTs

Visitors view an art installation which will be converted into an NFT and auctioned online, in Hong Kong on Sept 30, 2021. PHOTO: REUTERS
New: Gift this subscriber-only story to your friends and family

SINGAPORE - If you have paid $1 million for a rare painting, chances are you won't be displaying it at a public area for passers-by to enjoy.

Instead, the painting will probably be kept in your study where only you and your loved ones can look at the artwork, which is essentially an expensive item for private enjoyment.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.