US Congressman Pushes for Digital Asset Regulation Including NFT Protection…”Aiming for Reasonable Regulation”
A US Republican congressman is reportedly pushing for digital asset regulation that includes the protection of NFTs (Non-Fungible Tokens).
On the 7th (local time), Republican Congressman William Timmons told Decrypt, “I want to include the ‘NFT Act’ for the legal protection of NFTs in the 21st Century Financial Innovation and Technology Act (FIT21). This is to establish a clear regulatory framework for digital assets,” he stated.
He added, “I believe the NFT Act will greatly help secure regulatory clarity for digital assets and stablecoins.”