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Non-fungible tokens (NFTs) and the blockchain

Inquiry

The DCMS Committee will hold an inquiry into the operation, risks, and benefits of Non-Fungible Tokens (NFTs) and the wider blockchain. MPs are expected to consider whether NFT investors, especially vulnerable speculators, are put at risk by the market. The inquiry may also look into the wider benefits that NFTs and the blockchain could provide the UK economy. 

NFT regulation in the UK is largely non-existent. The inquiry into NFTs and the Blockchain is likely to examine whether more regulation is needed, ahead of a Treasury review.   

This inquiry is no longer accepting evidence

The deadline for submissions was Friday 6 January 2023. The Committee may be able to accept further written evidence but any person considering submitting evidence should email the committee team first at dcmscom@parliament.uk.

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We receive a significant number of emails each day. All requests and invitations are considered but we do not respond directly to everyone. Please be aware, the committee does not look at individual cases or specific complaints.