Article6 months ago

U.K. Government Urged to Collaborate with NFT Marketplaces to Counter Copyright Infringement

U.K. Government Urged to Collaborate with NFT Marketplaces to Counter Copyright Infringement
Summary
  • The U.K.'s Culture, Media and Sport Committee wants collaboration between the government and NFT marketplaces to address copyright infringement and establish ethical standards.
  • The committee is worried about unauthorized use of creative works in NFTs, particularly NFTs issued by U.K. football clubs, which could have financial implications for fans and harm club reputations.
  • The objective is to protect consumers and creators in the NFT ecosystem, ensuring fairness, transparency, and accountability, as the committee's investigation highlights the need for enhanced regulation in the sector.

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