Starting June 2025, all artworks imported into the European Union must come with verifiable provenance documentation. The EU will implement new regulations targeting cultural goods, significantly affecting international art trade. Aimed at curbing illicit trafficking, especially from conflict zones, the law mandates stricter provenance checks by importers, dealers, and institutions. This article unpacks the regulation and explores its potential impact.
Category: Art Market
Mango Art Festival 2025 Review: Affordable, Cute Mango
Mango Art Festival 2025 returns with works from 200 emerging and established artists. What sold best? And what did galleries have to say? Join Tae Art Man in uncovering the answers.
Christie’s AI Auction Sparks Outrage from Thousands of Artists
Christie’s New York is hosting its first-ever auction exclusively dedicated to AI-generated art, titled "Augmented Intelligence," running from February 20 to March 5. This landmark event, the first of its kind by a major auction house, has sparked controversy, with nearly 4,000 people signing an open letter demanding its cancellation. Critics argue that the AI models used to create these artworks are trained on copyrighted material without permission, exploiting human artists and raising ethical concerns about the impact on the creative industry.
Thaddaeus Ropac to Open New Gallery at Palazzo Belgioioso in Milan
Thaddaeus Ropac is set to open a new gallery at Palazzo Belgioioso in central Milan in autumn 2025, marking its seventh location. The gallery is scheduled to open in autumn 2025, with Elena Bonanno di Linguaglossa taking on the role of Executive Director, bringing over 25 years of experience in modern and contemporary art, with particular expertise in Italian and American art.
ART SG 2025: Highlights Preview and Challenges Amid Declining Exhibitor Numbers
ART SG 2025 returns with highlights, new galleries, and art activities, striving to overcome challenges from declining exhibitors to excite art collectors and lover.
‘Banana Duct Tape’ Fetches $6.24 Million at Sotheby’s Auction
The "Banana Duct Tape," sold for an extraordinary USD 6.24 million. The sale shattered its pre-auction estimates of USD 1 million to 1.5 million, reaffirming its status as one of the most polarizing symbols in contemporary art.
Southeast Asian Art Market: ART SG Shrinks Gallery Count for 2025 Amid Art Basel Rivalry
Southeast Asian Art Market is heating up as ART SG reveals its 2025 gallery lineup, featuring 106 galleries—a drop from last year’s 114 and a significant decrease from its debut count of 164 in 2023. This tightening roster highlights ART SG’s ongoing challenges as it squares off with its powerhouse competitor, Art Basel Hong Kong.
Christie’s Saudi Arabia Set to Open! Expanding to Middle East Market
The opening of Christie’s Saudi Arabia is a proactive step and gain first mover advantage over its major competitors such as Sotheby’s and Philips, adding to the already competitive auction scene in the Middle East.
The Rise of Art Collecting in Thailand: Interview with Piriya Vachajitpan
Art collecting has seen a significant surge in popularity across Asia in recent years, with Thailand's art scene experiencing rapid growth and an influx of new collectors. In an exclusive interview, Piriya Vachajitpan, a prominent Thai art collector and owner of the collection featured in the exhibition "
