CryptoBlog n.865
U.K. lawmakers want to hear what the public thinks about regulating NFT that they fear are often overvalued. The Digital, Culture, Media and Sport Committee (DCMS) that consists of members from different political parties launched an inquiry on Thursday on the operation, risks and benefits of NFTs, digital assets on a blockchain that represent ownership of virtual or physical items. The U.K. is forging ahead with its plans to regulate the crypto sector. It recently added amendments that would recognize crypto as a regulated activity and would ensure that the ads of firms which are not fully authorized to operate in the country can be restricted.