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by muffinthem 1435 days ago
Does this law target NFTs?

Eventually a democratic society decides on its laws. If the citizens and taxpayers want to buy and sell NFTs on permissionless blockchains like Ethereum without being treated as criminals, the laws will have to change.

1 comments

I hate to break it to you, but there are many laws which are unpopular with a subset of a population, but which will not change in living memory.

Globally, the trend is towards stricter and more comprehensive regulation of blockchain-based transactions. While you may prefer (as may I) a freer regulatory environment, the pendulum is swinging in the opposite direction.

You seem resigned to the fact that any artist that happens to sell above a certain threshold via NFTs will be treated as a criminal, and there is nothing to do but shrug and say that is the way the law is and forever will be in the EU.