According to CoinDesk, the German Federal Financial Supervisory Authority (BaFin) journal BaFinJournal wrote that in the regulatory review of NFTs, BaFin treated it in the same way as the review of fungible tokens. So far, NFTs have not been classified as securities in a regulatory sense, but it is not ruled out that NFTs will be classified as securities in the future. Classifying ownership tokens as financial instruments will mean licensing and money laundering supervision. For example, this may happen if 1,000 NFTs contain the same repayment and interest requirements. NFTs may be subject to BaFin anti-money laundering supervision.