Digital Chamber Asks Lawmakers to Classify NFTs as Consumer Goods Amid SEC Scrutiny

The Digital Chamber advocates for NFTs as consumer goods, warning against SEC overreach, which could harm innovation and creators. The post Digital Chamber Asks Lawmakers to Classify NFTs as Consumer Goods Amid SEC Scrutiny appeared first on BeInCrypto.

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Over 13K people mint Coinbase commemorative ‘stand with crypto’ NFTs

U. S. -based crypto exchange Coinbase launched a commemorative non-fungible token (NFT), “Stand With Crypto,” after filing a legal action against the Securities and Exchange Commission (SEC).

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Playboy Suffers $4.9 Million Loss On NFT Payments

A recent filing to the US Securities and Exchange Commission (SEC) indicates that Playboy suffered a significant loss following a drop in the value of payments received for its NFTs. The losses result from the Ether (ETH) the company received after selling its “Rabbitars” NFTs.

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Bitcoin Ordinals Can Lift the Entire Crypto Ecosystem

The arrival of the Ordinals Protocol, which allows for the creation of Bitcoin NFTs, has coincided with a big jump in the price of bitcoin. Add that to the SEC's exemption of Bitcoin from the label of security, and we see a bullish bitcoin picture emerging.

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CryptoSlate Wrapped Daily: IRS classifies NFTs as digital assets; retail investors group seeks to track down Do Kwon

The biggest news in the cryptoverse for October 19 includes the IRS classifying NFTs as digital assets for tax purposes, Cardano NFTs becoming the next gold rush,  Blockchain advocacy groups filing a motion to support Grayscale in the lawsuit against SEC, and top 10 metaverse tokens crashing as interest wanes.

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BAYC bullish, but APE takes a hit as SEC hovers around NFTs

The Securities and Exchange Commission (SEC) and the Bored Ape Yacht Club (BAYC) are making headlines again — but together. As per Bloomberg's latest report, the SEC was looking into Yuga Labs. TThe post BAYC bullish, but APE takes a hit as SEC hovers around NFTs appeared first on AMBCrypto.

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Yuga Labs-associated NFTs, token falls following SEC probe

Yuga Labs has seen the value of assets associated with its brand decline following news of the SEC’s investigation into whether it broke federal laws. The post Yuga Labs-associated NFTs, token falls following SEC probe appeared first on CryptoSlate.

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Why the SEC Is After Yuga Labs and What It Means for NFTs

In what will be seen as a major escalation in its crypto enforcement agenda, the Securities and Exchange Commission is said to be investigating Yuga Labs, the creators and distributors...

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SEC Moves The Microscope Under NFT Conglomerate Yuga Labs

The SEC is shifting it’s sights towards NFTs, according to emerging reports hitting the wire on Tuesday. The U.S. regulator is apparently looking into whether to deem NFTs as securities and is exploring whether or not the sale of the NFTs violates federal law, including a specific look into Yuga Labs’ ApeCoin distribution. Let’s review […]

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SEC Puts NFT Conglomerate Yuga Labs Under The Microscope

The SEC is shifting its sights towards NFTs, according to emerging reports hitting the wire on Tuesday. The U.S. regulator is apparently looking into whether to deem NFTs as securities and is exploring whether or not the sale of the NFTs violates federal law, including a specific look into Yuga Labs’ ApeCoin distribution. Let’s review […]

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SEC Probing Bored Ape Creator Yuga Labs Over Unregistered Offerings: Report

The SEC is looking into whether some of Yuga’s NFTs should follow the same disclosure rules as stocks, according to Bloomberg.

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NFTs banned in Minecraft, SEC lists 9 tokens as securities and 3AC founder blames cockiness for company meltdown: Hodler’s Digest, July 17-23

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OpenSea ‘insider trading’ could see NFTs labeled securities: Former SEC lawyer

Former SEC lawyer says OpenSea insider trading case could end with NFTs labeled as securities.

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Ripple Opposes SEC’s Request for Time Extension, Robinhood Sees Potential in NFTs, Whale Buys 51 Billion SHIB: Crypto News Digest by U.Today

U.Today’s crypto news digest will not let you miss any of the industry’s most important events!

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After XRP, NFT Creators Come Under SEC’s Scrutiny

The Securities and Exchange Commission (SEC) is probing into whether various Nonfungible tokens(NFTs) should be considered securities under existing securities laws and regulated according to a report by Bloomberg.

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SEC to look at possible securities violations in NFT market

The US Securities and Exchange Commission (SEC) is investigating NFT marketplaces and creators for possible breaches of its securities rules.   According to Bloomberg, this investigation would mark the first regulatory scrutiny of NFTs since the sector’s explosive growth started.

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Is NFT Gaming at Risk from the SEC? Identity Could be the Answer for Regulatory Conundrum

Despite the broader sell-off in the crypto markets characterizing the first month of 2022, NFTs continue their meteoric trajectory. Along with the unfathomable success of the Bored Ape Yacht Club, NFTs are proving irresistible as a way for people to generate income and marketing hype.

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SEC Commissioner says NFTs Might Fall Within Their Jurisdiction, Gensler Hires Senate Aid for Crypto Policy

The US Securities and Exchange (SEC) Commissioner Hester Peirce commented on crypto market participants like Coinbase and Senator Cynthia Lummis (R-Wyo. ) calling for one regulator to oversee the cryptocurrency market.

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Musk Derides NFTs and Web3, Ripple and SEC to File New Legal Briefs, Solana’s $2.6 Billion Bug Disclosed: Crypto News Digest by U.Today

Don’t miss U.Today’s latest news digest!

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Ripple Joins the NFT Trend, Launches a $250 Million Fund to Attract Creators to XRP Ledger

No one can resist the movement of non-fungible tokens (NFTs), which is expected to be the center point of the metaverse. The latest crypto company to jump is none other than Ripple, which along with its top two executives, is currently fighting a legal battle with the US Securities Exchange Commission (SEC) regarding the sale […] The post Ripple Joins the NFT Trend, Launches a 0 Million Fund to Attract Creators to XRP Ledger first appeared on BitcoinExchangeGuide.

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Thai SEC orders exchanges to delist Dogecoin, Shiba Inu, NFTs, and ‘fan’ tokens

The Thailand Securities and Exchange Commission (SEC), the nation’s capital markets watchdog, banned the trading of memecoins like Dogecoin and Shiba Inu, non-fungible tokens (NFTs), and other unclear assets over the weekend.

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Thailand: SEC to Ban Trading of NFTs, Meme Coins, Fan Tokens

The Thai financial regulator is having none of the meme coins, NFTs, fan tokens, and exchange tokens. Thai SEC Prohibits Trading of Meme Tokens In an announcement made recently, the Thai financial regulator, the Securities and Exchange Commission (SEC) stated it was putting a ban on several of the hottest trading tokens in the cryptocurrencyRead More

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Thai SEC Enforces Ban on Meme Tokens, NFTs

The ban will affect meme- or joke-based tokens and fan-based coins, as well as exchange-issued tokens and non-fungible tokens. The post Thai SEC Enforces Ban on Meme Tokens, NFTs appeared first on BeInCrypto.

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Thailand Bans Meme Coins, Fan Tokens, NFTs From Trading on Crypto Exchanges

The Thai Securities and Exchange Commission (SEC) has enacted new rules for cryptocurrency exchanges operating in the country. Certain types of cryptocurrencies, including meme coins, fan coins, and non-fungible tokens (NFTs), are prohibited to trade on crypto exchanges.

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Thailand’s SEC Has Banned NFTs And Meme-Based Tokens

Thailand’s Securities and Exchange Commission has issued guidelines barring crypto exchanges from supporting four different types of tokens. No More NFTs Or Meme-Based Tokens In a Friday announcement from the Thai SEC, the regulatory body said that Secretary-General Ruenvadee Suwanmongkol had approved crypto exchange guidelines, Notification 18/2564 on “Rules, Conditions and Procedures for Undertaking Digital […]

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Thai SEC bans exchanges from handling certain token types including NFTs

Local exchanges now have until July 11 to update their rules for listing tokens in order to be in compliance with SEC guidelines.

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SEC’s ‘Crypto Mom’ warns selling fractionalized NFTs could break the law

Fractionalized NFTs and baskets of non-fungible tokens could easily be considered investment contracts under U.S. securities law, warns SEC Commissioner, Hester Peirce.

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Dilendorf Law Firm: Will NFTs be Deemed Securities Subject to the U.S. SEC Laws and Regulations?

The following release was written by: Max Dilendorf, Esq. and Gleb Zaslavsky, Esq of Dilendorf Law Firm PLLC, NYC’s Top Law Firm for The Digital Age & Bari Zahn of Zahn Law...

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