20 Oct “NFT”: THE HYPE AROUND NON-FUNGIBLE TOKENS (“NFT”) AND TAX CONSEQUENCES IN LUXEMBOURG
What are NFTs and what is their significance? NFTs, or " Non-Fungible Tokens," are digital assets that are part of a blockchain. Unlike "fungible" tokens, NFTs represent a unique asset and are therefore not exchangeable like cash or Bitcoin (every one-euro coin has exactly the same...