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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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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