Talking NFTs and tax during Wales Tech Week, our Head of Technology Nicola McNeely interviewed NFT collector and enthusiast Pranksy and dug down into some of the myths surrounding the Non Fungible Tokens.
NFTs (Non Fungible Tokens) are one of a kind digital assets that can be bought and sold just like any other assets, but have no tangible form. They possess unique properties that cannot be interchanged with something else. NFTs can be thought of as certificates of ownerships for physical or digital assets.
Nicola also discussed Blockchain, NFTs and Tax with Jill Kaur of Joseph Hage Aaronson, who’s keeping a close eye on how financial markets and tax authorities are responding to blockchain and crypto tokens. Catch up with their sessions below.