The provided sources offer a comprehensive view of the global regulation and risk landscape for crypto-assets, particularly Non-Fungible Tokens (NFTs) and Virtual Asset Service Providers (VASPs). The FATF Guidance and the "KNOW YOUR NFTS" paper focus heavily on the Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) risks associated with virtual assets, highlighting the need for stricter identification measures like Know Your Customer (KYC) and the enforcement of the "Travel Rule" for VASP transactions. Mirroring this global concern, the European Union's Markets in Crypto-Assets Regulation (MiCAR) is detailed as a significant step toward creating a uniform legal framework, classifying assets into types like e-money tokens and asset-referenced tokens, and mandating licensing and oversight for CASPs. Furthermore, both the IOSCO and OECD documents discuss broader regulatory efforts, with IOSCO issuing policy recommendations for market integrity and investor protection and the OECD outlining the use of Regulatory Sandboxes as a structured tool for regulatory experimentation in emerging technology fields.