A parliamentary committee in the UK has called on officials to take action against copyright infringement issues related to nonfungible tokens (NFTs). The committee also highlighted the potential risks of sporting groups issuing digital assets. The ease and speed at which NFTs can be minted pose a significant risk to the intellectual property rights of artists, according to the committee members. Meanwhile, Yemel Jardis, the executive director of the Decentraland Foundation, believes that the recent slump in the NFT market is a sign of maturity rather than distress. Jardis argues that with more education on NFTs, the focus will shift from speculative trading to genuine utility. In other news, the popular Ethereum wallet MetaMask was briefly removed from Apple’s App Store, raising concerns about a potential complete removal from the marketplace. The removal was speculated to be due to Apple’s terms of service, which prohibit apps running unrelated background processes such as cryptocurrency mining.

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Information	Details
Geography	Europe
Countries	🇬🇧
Sentiment	neutral
Relevance Score	1
People	Yemel Jardis
Companies	Decentraland Foundation, Apple, United Kingdom, MetaMask
Currencies	None
Securities	None