🏠 SEC considers seals to be securities
The U.S. Securities and Exchange Commission continues to accuse the creators of NFT of illegal placement of securities. This time, the person involved in the case was the creator of the "Stoner Cats" collection.
"Regardless of whether your offer includes beavers, chinchillas or animal-based NFTs, in accordance with federal securities laws, it is the economic reality of the offer, not the labels you put on it or the underlying objects, that determines what is an investment. a contract and, therefore, a security," said Gurbir S. Grewal, director of the SEC's Enforcement Division.
@Сryptoz ₿
The U.S. Securities and Exchange Commission continues to accuse the creators of NFT of illegal placement of securities. This time, the person involved in the case was the creator of the "Stoner Cats" collection.
"Regardless of whether your offer includes beavers, chinchillas or animal-based NFTs, in accordance with federal securities laws, it is the economic reality of the offer, not the labels you put on it or the underlying objects, that determines what is an investment. a contract and, therefore, a security," said Gurbir S. Grewal, director of the SEC's Enforcement Division.
@Сryptoz ₿
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According to a Coinbase study, 52 million Americans own cryptocurrencies.
Almost nine out of ten (87%) Americans believe that the financial system needs to change, and half (51%) of Americans believe that America's financial system is not fair. Most believe that the system benefits everyone except people like themselves, and only 14% are optimistic about the future of the financial system.
@Сryptoz ₿
Almost nine out of ten (87%) Americans believe that the financial system needs to change, and half (51%) of Americans believe that America's financial system is not fair. Most believe that the system benefits everyone except people like themselves, and only 14% are optimistic about the future of the financial system.
@Сryptoz ₿