What are the legal considerations when developing Blockchain applications?

The question is about blockchain

Answer:

When making Blockchain apps, make sure you’re following the rules about keeping people’s info private, handling financial matters, and dealing with Tokens. Developers need to know the rules for Cryptocurrencies and Tokens in different places, and follow AML and KYC rules. When we’re talking about digital aspects like smart contracts and how they work, we need to think about who owns the ideas, how these smart contracts can actually be enforced, and what the rules are when everyone’s in charge of making decisions together.

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