Tag: digitalassets

The world of NFTs, formerly a symbol of digital creativity and highly profitable speculation, has recently faced its own stormy seas. Token ATH! keeps a finger on crypto’s pulse, diving deep into the heart of the blockchain world to dissect recent events and offer insights without the fluff. The recent...

This is why OpenSea, the largest NFT marketplace, recently implemented a ban. As such, they made an official request to the Securities and Exchange Commission (SEC) that NFT marketplaces not be regulated in the exact same way as normal securities exchanges or brokers. This request comes at a time of...

OpenSea continues to be the giant in the NFT marketplace space. At the moment, it’s opposing efforts by the U.S. Securities and Exchange Commission (SEC). The main point of contention? In its application, OpenSea does not think it should be considered an exchange or broker under current federal securities laws....

Token ATH! are going behind-the-scenes as we explore this and much more, including the NFT ecosystem, a hotbed for regulatory debate. Above: OpenSea remains as the largest NFT market. It vigorously protests regulating it as a securities exchange by the Securities and Exchange Commission (SEC). This article further explores OpenSea’s...

In particular, OpenSea does not want to admit liability under the SEC’s test. They're cozying up to Commissioner Hester Peirce, asking to be excluded from securities regulations, claiming they're not really an exchange. Don't buy it. In other words, it’s not purely about innovation. It’s about carving out regulatory space...

The world of Non-Fungible Tokens (NFTs) is changing fast. As it continues to increase in popularity, state and federal regulatory authorities such as the Securities and Exchange Commission (SEC) are becoming more watchful. Even OpenSea, the largest NFT marketplace and trusted flagship of the NFT economy, raised eyebrows last week...

Now, OpenSea, the leading centralized NFT marketplace, is making a surprising move. It’s all part of their efforts to better define their regulatory status with the U.S. Securities and Exchange Commission (SEC). The company has been vocally pushing the SEC to publicly recognize that NFT marketplaces, such as their own,...

In the meantime, OpenSea, the largest NFT marketplace, has made a daring move. In so doing, they formally asked the Securities and Exchange Commission (SEC) to provide explicit guidance on the regulatory status of NFT platforms. Lately, OpenSea itself weighed in, in a letter to the SEC, urging them to...