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Bitcoinist 2023-01-20 21:58:07

How New Jersey’s Potential NFT Regulation Can Set Poor Precedent

For the first time, we’re seeing an individual U.S. state (in this case, New Jersey) pursue NFT-specific regulation in what is bound to be a messy situation. A state bill, titled the ‘Digital Asset and Blockchain Technology Act,’ has already passed assembly and is on its way to the Senate – where speculators have largely
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