Application of Blockchain-enabled Technology: Regulating Non-fungible Tokens (NFTs) in Singapore

Twelve-year old Benyamin Ahmed recently launched two NFTs and made close to half a million dollars. He is not the only one to benefit from NFTs. The surging popularity of NFTs means that a greater understanding of NFTs would be required and regulators would need to deal with this new asset class in order to safeguard the interests of both buyers and sellers of NFTs.

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