The government wants to initiate a reflection on the regulation of these crypto-assets that are not subject to any specific regulation.
While Europe is taking major steps to regulate the “financial” use of cryptoassets, non-fungible tokens are currently not subject to any specific regulation. “There is a legal and fiscal ambiguity at the moment, because the qualification NFTs are complex because the use cases they address are very differentFaustine Fleuret, President of the Association for the Development of Digital Assets (Adam) explained.
Last week, the European Parliament’s Economics Committee voted overwhelmingly in favor of the draft MiCA (Markets in Crypto-Asset) regulation, a new harmonized regulatory framework at the EU-27 level for crypto-assets, without still finished. MEPs before the final adoption. After much discussion, NFTs, a priori, were excluded from the scope of MiCa, precisely because of their extreme heterogeneity, some NFTs cannot be compared to financial assets.
Also readLegal ambiguity weighs on NFT trading contracts
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