Web3.js

What legal issues should developers keep in mind when creating web3.js apps?

The question is about Web3.js .

Answer:

When building web3.js apps, developers should comply with privacy laws to protect users’ personal data and be aware of the regulations on cryptocurrencies and tokens in each country where the app will be used. AML (Anti-Money Laundering) and KYC (Know Your Customer) laws may apply, particularly in financial web3.js dApps involving payments or token swaps. Developers must consider digital ownership, legal rights over code and smart contracts, and how smart contract agreements might be enforced. They also need to know who is responsible when users or groups make major decisions in the app.

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