Tag: marketplaces

OpenSea Seeks SEC Exemption for NFT Marketplaces Amid Regulatory Uncertainty

OpenSea Seeks SEC Exemption for NFT Marketplaces Amid Regulatory Uncertainty

Recently, OpenSea, the largest NFT marketplace, made an unprecedented move. Specifically, they petitioned the U.S. Securities and Exchange Commission (SEC) to exempt NFT platforms from federal securities regulations. OpenSea’s legal counsel, Adele Faure and Laura Brookover, called out SEC Commissioner Hester Peirce as well as the SEC Crypto Task Force....