SEC's Bold Move: NFTs as Securities
In a significant development in the digital asset space, the U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to the popular non-fungible token (NFT) marketplace, OpenSea. This action suggests that the SEC is considering legal action against the platform on the grounds that NFTs may be deemed securities. This notice was confirmed by OpenSea's CEO, Devin Finzer, on a social media platform, X.
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