NINTH CIRCUIT RULES NFTS CAN BE TRADEMARKED

Summary from the TLDR Crypto newsletter

The U.S. Court of Appeals ruled that NFTs like Yuga Labs' Bored Ape Yacht Club qualify as “goods” eligible for trademark protection under the Lanham Act, a landmark win for NFT IP rights. However, it vacated the $9M judgment against artist Ryder Ripps and ordered a trial to determine whether consumers were actually confused by his RR/BAYC project, leaving the case far from over.