According to a report released on Wednesday, a British committee made up of members from different political parties hopes that the government will cooperate with the NFT market to address copyright infringement issues and introduce codes of conduct to better protect creators. The organization began investigating NFTs in November. Caroline Dinenage MP, Chair of the Culture, Media and Sport Committee, stated that artists face the risk of seeing their hard work manipulated and promoted without permission, while fraudulent and misleading advertisements add an extra layer of danger for investors participating in this already risky industry.