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Picture turns dark for NFTs amid rules haze
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Non-fungible tokens or NFTs could run into trouble over their classification and legality in the country as the government looks to define and regulate cryptocurrencies through a new regulation. Discussions are ongoing between crypto stakeholders and government officials on how to regulate NFTs, which are a transferable store of value and can be moved abroad digitally, said two people aware of the developments.
The fear in the investor community is how the regulation will define NFTs.
Presented. Read more on economictimes.indiatimes.comAbout this in other media
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