Non-fungible tokens are now in India, but mind the legal pitfalls4 min read 04 Apr 2021, 11:54 PM IST
Investors looking to jump on the bandwagon should note there is little clarity on how they are regulated
American TV show Saturday Night Live recently did a skit on what NFTs or non-fungible tokens are. In the sketch, actors dressed up as US treasury secretary Janet Yellen and others explain the phenomenon through an Eminem-inspired rap. The skit is an example of how the NFT scene has exploded globally in recent months.