by: xpoolPosted on:

SEC Commissioner Clarifies NFT Royalties: No Securities Status

Hester Peirce, a commissioner at the Securities and Exchange Commission (SEC), clarified that NFT royalties do not constitute securities, offering clarity to the NFT market during the Digital Asset Regulatory Summit in Washington. This clarification sparked increased trading volumes on platforms like OpenSea and fueled positive reactions from the market, signaling potential confidence boosts for the NFT sector. ]

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