A non-fungible token (NFT) is a special type of cryptographic token that represents something unique. Credit: Rokas Tenys/Shutterstock.com NFT Boom: What Are the Regulatory and Enforcement Risks?
The exploding market for NFTs has created a wide variety of potential risks, including consumer fraud, money laundering and sanctions evasion, regulatory lawyers say.
May 13, 2022 at 05:46 PM
7 minute read
Regulation
The market for non-fungible tokens—known as NFTs—has soared in recent years, expanding to a multibillion-dollar market that's generated countless get-rich-quick schemes and exclusive celebrity giveaways.
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