Italy Is Emerging as an Unexpected Hub for Crypto Art. But Regulatory Challenges Are Stunting the Growth of Its NFT Market | Artnet News

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Italy is emerging as an unexpected hub for crypto art. But regulatory challenges are stunting the growth of its NFT market:

, another mover and shaker in Italy’s digital art market who previously worked at Tate Modern. The sale presented digital art and NFTs by Italian artists, mainly in their 20s and 30s.presented the first exhibition of NFT and crypto art in an Italian museum. The museum opened a follow-up show on March 30 titled “NFT Art of the Future” .

The hesitation in certain quarters hasn’t hindered the country’s digital scene from pushing forward, and some of its players are actively working to forge a link with the country’s artistic past. Major Italian museums were brought on board for the exhibition “,” staged at Unit London in February, which sold digital replicas of Italian masterpieces.

The artist pinpointed Milan as a hub for this new Renaissance. “Milan has always been adventurous in term of art, even after WWII; it is a city that embraces new forms of art,” he said. “When I left Milan around 18 years ago, it was a depressed time for the arts, but … crypto art skyrocketed during the pandemic because we were all stuck at home in front of our computers all day. People got closer to technology.

 

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