A leaked draft of the EU’s Markets in Crypto Assets legislation urges a “substance over form” enforcement approach, meaning the rules could apply to some NFTs (Jack Schickler/CoinDesk)

Jack Schickler / CoinDesk:
A leaked draft of the EU’s Markets in Crypto Assets legislation urges a “substance over form” enforcement approach, meaning the rules could apply to some NFTs  —  A leaked draft of the text, reviewed by CoinDesk, shows the rules could apply to fractionalized NFTs.