British MPs urge action on NFT copyright infringement, crypto fan tokens

📆 10/11/2023 4:23 AM
📰 Cointelegraph

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A bipartisan U.K. parliamentary committee has urged the government to crack down on sporting fan crypto tokens as well as introduce a code of conduct for NFT marketplaces to better protect the rights of artists.

A U.K. parliamentary committee called for a crack down on sports fan tokens and recommended the government issue a code of conduct for NFT platforms.A bipartisan parliamentary committee has urged the British government to protect creators from copyright infringement associated with nonfungible tokens and address potential harms from sporting groups issuing digital assets.

The committee also warned of the potential harms of sporting leagues or teams creating cryptocurrencies to offer to fans and called for such digital assets to be banned.September 28, 2023

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Citi Sells China Consumer Business To HSBC As British Bank Doubles Down On AsiaI am a senior reporter for the Forbes breaking news team, covering health and science from the London office. Previously I worked as a reporter for a trade publication covering big data and law and as a freelance journalist and policy analyst covering science, tech and health. I have master’s degrees in Biological Natural Sciences and the History and Philosophy of Science from Downing College, Cambridge University. Follow me on Twitter theroberthart or get in touch at rhartforbes.com
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