NFTs will be traded on the ADGM very soon

Lens1000

VIP Contributor
The momentum garnered by NFTs is getting very high on a daily basis. Most of the countries are starting to use the NFTs to make money . The Abu Dhabi Global Market (ADGM) has made publications of Proposals to allow NFTs transaction on the emirate’s free zone. It was stressed that the NFTs should be traded on the ADGM and all financial institutions should also allow the use of the non-fungible tokens on their platforms. It was explained that the NFT operator must comply with the anti- money laundering rules of the Abu Dhabi Global Market. However, the publication is Still open for comments until May 20.

The use of the NFTs is gaining traction and many financial markets are getting involved. None of these markets wants to miss this golden opportunity. It is for the interest of the users, operators of the NFTs and the financial markets at large. I have seen several ways to make money in the cryptocurrency market, but the NFT is different. It is more like a virtual properties, that is been protected. You could make NFT of your content and list it on the NFT marketplace for buying and selling. The most used NFT marketplace now is the Algorand network.
 
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