Non-fungible Tokens

Department for Digital, Culture, Media and Sport written question – answered on 23rd May 2022.

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Photo of Andrew Percy Andrew Percy Conservative, Brigg and Goole

To ask the Secretary of State for Digital, Culture, Media and Sport, whether it is her Department's policy that Non-Fungible Tokens or any aspect of the mechanisms of their transfer are considered to be user-to-user regulated content under the terms set out in the Online Safety Bill.

Photo of Chris Philp Chris Philp The Parliamentary Under-Secretary of State for Digital, Culture, Media and Sport

We introduced the Online Safety Bill to Parliament on 17 March 2022 and it passed its second reading in the House of Commons on 19 April.

The Bill will apply to a range of services that allow users to interact with each other and post content online. Companies will have duties to take action to prevent the proliferation of illegal content and to protect children from harmful content. This will include taking action against harmful content within Non-Fungible Tokens (NFTs), such as preventing users from encountering them where these are shared on in scope services.

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