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“If a non-fungible token turns into fungible, then it can fall into” both MiCA, or different EU legal guidelines governing standard monetary devices, mentioned the supply, who requested to not be named. In actuality, one other supply has advised CoinDesk, last-minute drafting modifications could imply that the legislation could apply to any NFT that’s a part of a collection and capable of be divided up – or “fractionable,” in authorized jargon.
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