Seen from a legal perspective, when is a non-fungible token just a harmless representation of an asset, and when is it about to become something else that might catch the attention of regulatory authorities and put demands and restrictions on the parties involved in the NFT?
This is a question that more token issuers in the NFT space should pay attention to - even though it's currently not easy to find a straightforward answer. This is all about NFT and securities legislation, and we will cover that in the first part of this report.
The second part takes a closer look, both from an issuer and an investor perspective at NFTs and delinquency in terms of fraudulent activities, money laundering (AML/KYC), and taxation issues.
These are all topics that need to be taken into consideration when looking at the regulation of NFTs.
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