US Treasury says regulators should consider NFT guidance, given fraud risks
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The U.S. Treasury Department has recommended that regulators consider issuing new guidance or rules to address the financial risks associated with nonfungible tokens (NFTs). In a report published on Wednesday, the Treasury Department highlighted the high susceptibility of NFTs to fraud and their potential use in money laundering. However, the report also noted that other sectors, including other digital assets, pose greater risks for illicit finance, so regulating NFTs should not be the sole priority. U.S. regulators have been working to enhance oversight of digital asset markets.

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https://www.investing.com/news/economy-news/us-treasury-says-regulators-should-consider-nft-guidance-given-fraud-risks-3461757