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Global regulation of non-fungible tokens

Financial Regulation International

Global regulation of non-fungible tokens

NFTs have staked a claim for credibility within the cryptoasset world and, in theory, there should be strong protections for those who trade and own them.

Non-fungible tokens (NFTs) have certainly staked a claim for credibility within the cryptoasset world, and with ownership of items intrinsically linked to blockchain technology, in theory there should be strong protections for those who trade and own them. In practice, however, the regulatory landscape is a confused patchwork of differing approaches across jurisdictions. The paucity of regulatory cohesion surrounding them makes it difficult to properly manage and understand their place in the regulated markets.

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