The UK’s authorities is at risk of regulating nonfungible tokens (NFTs) in a means that doesn’t go well with the true nature of the nascent expertise, says Mintable CEO and founder Zach Burks.

In an interview with Cointelegraph, Burks stated he believes a current report from a U.Okay. parliamentary committee considerably exaggerates the function NFTs play in copyright infringement and fails to acknowledge that they’re extra than simply risky digital footage.