Tag: sec

5 Reasons Why OpenSea's SEC Plea Could Unleash the NFT Boom

5 Reasons Why OpenSea's SEC Plea Could Unleash the NFT Boom

OpenSea's recent plea to the SEC isn’t just about regulatory compliance. It's a potential ignition switch for the entire NFT market. Think of it like this: the SEC's current ambiguity is a dimmer switch set way too low, barely illuminating the potential of NFTs. OpenSea is fundamentally asking them to...

OpenSea Urges SEC to Rethink Broker Designation for NFT Marketplaces

OpenSea Urges SEC to Rethink Broker Designation for NFT Marketplaces

Now OpenSea continues to make waves by siding with crypto against the United States Securities and Exchange Commission (SEC). The company further contends that it doesn’t meet the federal securities laws’ definition of a broker or exchange. The company recently was on the receiving end of a Wells notice from...