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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]

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