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Regulating NFTs: Striking the Balance Between Business Innovation and Risks

Report
Research into the opportunities and risks of NFTs, and considerations for policymakers is based on interviews with industry and regulatory representatives across different jurisdictions. This report, developed through a mixture of primary and secondary research, aims to explore the NFT landscape with reference to why and how regulators and lawmakers should take an interest in this industry and follow its development closely. There are strong incentives to protect consumers and to ensure that taxes are collected appropriately. Yet at the same time, it will be important for regulators and policymakers to work alongside NFT players to ensure they support and encourage entrepreneurial experiments in this space. Entrepreneurs are looking for home bases for their companies that offer certainty and stability when it comes to regulation. There is an excellent opportunity to encourage this economic activity, while ensuring that companies operate within guidelines.
Faculty

Professor of Strategy

Associate Professor of Organisational Behaviour