non fungible tokens

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John Lister's picture

Emojis Can Be Financial Advice, Says Judge

A bizarre court ruling means that emojis can legally count as financial advice. It's a side effect of the latest case involving regulation of digital assets. The case centers on non fungible tokens, also known as NFTs. In short, an NFT is something ... that only exists digitally, can be bought and sold, and the ownership of which is recorded on a public ledger called a blockchain - similar to how bitcoin operates. In this case, the NFTs were a limited edition collection of digital clips of famous basketball moments. The effect was much the same as owning a rare trading basketball card except ... (view more)

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