A call for evidence on the operation, risks and benefits of non-fungible tokens (NFTs) and the wider blockchain has been launched by the Digital, Culture, Media & Sport Committee.
It intends to look in particular at the risks to vulnerable speculators, and to examine whether further regulation is needed. Lawyers are invited to make submissions until 6 January 2023.
Questions posed by the committee include whether the UK’s current light-touch NFT regulation is sufficient, and what the potential benefits are to individuals and society.
For more information and to provide a response, see here.
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