US Congressman Pushes for Digital Asset Regulation Including NFT Protection…"Aiming for Reasonable Regulation"
Suehyeon Lee
Summary
- A US Republican congressman is reportedly pushing for digital asset regulation that includes NFT protection.
- Congressman William Timmons stated that he aims to establish a clear regulatory framework for digital assets through the NFT Act.
- He added that the NFT Act will significantly contribute to securing regulatory clarity for digital assets and stablecoins.
A US Republican congressman is reportedly pushing for digital asset regulation that includes the protection of NFTs (Non-Fungible Tokens).
On the 7th (local time), Republican Congressman William Timmons told Decrypt, "I want to include the 'NFT Act' for the legal protection of NFTs in the 21st Century Financial Innovation and Technology Act (FIT21). This is to establish a clear regulatory framework for digital assets," he stated.
He added, "I believe the NFT Act will greatly help secure regulatory clarity for digital assets and stablecoins."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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