Law Firms

Gherson advises MusicArt on AML regulation compliance

To secure the compliance of requirements of the UK AML regulations, the team drafted bespoke policies and procedures which considered the novel features of NFT technology

London-based independent law firm Gherson Solicitors has helped MusicArt to comply with relevant anti-money laundering (AML) law and regulations as it launches into the NFT marketplace.

MusicArt is an online marketplace for single/album artwork, music posters, personalised messages, and autographs, and reportedly allows artists and their fans to have an “accessible entry point” into the NFT space.

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