Every Wednesday, Artnet News brings you the gray market. The column decodes important stories from the past week, offering unparalleled insight into the inner workings of the art industry in the process.

This week, on the new art’s chances of attracting new scrutiny…

MANUFACTURERS OF REINS

In recent generations, the global art market has become famous for combining a small set of industry-specific regulations with a staggering amount of money that changes hands year after year. But as artists, art dealers and middlemen explore how they might integrate into the metaverse, the much-hyped next phase of life online, their relative freedom from government scrutiny in this new territory is in much more danger than expected. that many art professionals believe.

Almost a year ago, a variety of…