Are NFTs an animal to be regulated? A European approach to decentralization, Part 1 -Breaking
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Nonfungible tokensNFTs are always in the news. OpenSea and other NFT platforms appear like mushrooms. This is the platform economy emerging like YouTube and Booking (NASDAQ.com). But it is a very young economy — one that is struggling to understand the legal issues that apply to it.
Regulators have begun to show interest and the risk of backlash if they don’t act quickly. The first steps are likely to be made east of Atlantic, just as they always do.
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Thibault VerbiestAn attorney in Paris since 1993, he is now a partner at Metalaw. He heads the Fintech, Digital Banking and Crypto Finance department. He co-authored several books including the first French book about blockchain. As an expert, he is associated with both the European Blockchain Observatory and Forum and The World Bank. Thibault, who co-founded CopyrightCoins as well as Parabolic Digital, is an entrepreneur. Thibault was appointed chairman of IOUR Foundation (a public utility foundation that supports the adoption of new internet technologies, including blockchain and TCP/IP) in 2020.
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