A piece in the Art Newspaper looks at efforts to begin regulating NFTs alongside cryptocurrencies, and how much catch-up those governments will have to play. “Education is paramount to protect new entrants from falling prey to bad actors, and the online community can contribute to increasing the level of understanding around NFTs,†says Omri Bouton of the London-based media and technology law firm Sheridans. “The industry may also benefit from having standards to allow consumers to quickly identify trustworthy projects.†Read more at Art Newspaper
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Governments Look to Regulate NFTs, Cryptocurrency as Markets Heat Up
