America’s financial cops say Impact Theory’s NFTs were unregistered securities
Dissenting opinion asserts position is wrong and that many headaches linger
In its first enforcement action concerning the issuance of non-fungible tokens, or NFTs, if you can remember that sad fad, the SEC has declared they should be considered and thus regulated as conventional securities under some circumstances.…
Author: Brandon Vigliarolo. [Source Link (*), The Register]