OpenSea Seeks Clarification from SEC on NFT Regulation

NFT marketplace OpenSea has filed an appeal with the SEC seeking clarification regarding regulatory frameworks for platforms like theirs. This move highlights a key concern: the potential classification of these marketplaces as securities exchanges, which could hinder innovation in the digital asset ecosystem. 🤝 OpenSea argues that NFTs represent digital ownership, not securities, and emphasizes the need for clarity to avoid market disruption. 🎲