📣 The U.S. Treasury has released its first-ever risk assessment on nonfungible tokens (NFTs), highlighting potential risks including terrorist financing, nuclear proliferation, and money laundering. But don't panic, folks! The report also stressed that these illicit activities are not unique to the digital asset space and often occur through traditional fiat financing. The Treasury also pointed out that while there's potential for abuse via NFTs, there are hardly any examples of NFTs used in terrorist financing or drug trafficking. So, while we're all enjoying our digital art, the Treasury is suggesting some regulation, education, and collaboration to keep things clean and safe. #NFTSafetyFirst