Tag: opensea

So, is OpenSea really all that concerned about getting “regulatory clarity” so they can innovate. Or is this action simply the latest stroke of genius by the crypto oligarchs to further consolidate their power and riches. I think it's the latter. We've seen this movie before. A dangerous industry, pretending...

The U.S. Securities and Exchange Commission (SEC) is at it again. This time, their targets are NFT marketplaces, and OpenSea is correct in pushing back. Without the health of OpenSea’s survival is pivotal, facilitating a further 10x growth. It affects the future of all innovation, creativity, and economic opportunity in...

For their part, OpenSea has been at the forefront of the fight against SEC regulation. The corporation recently claimed that its own non-fungible token (NFT) marketplace doesn’t meet the definitions of an exchange or broker according to existing securities regulations. The company maintains that the regulatory framework designed for traditional...

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....

The SEC is at it again. This time it’s the NFT space that’s in the crosshairs, and if the regulators prevail the fallout will be disastrous for innovation. Even OpenSea, the biggest NFT marketplace in the world, seems to be crying “please, SEC, give us something to work with.” And...

Let's be blunt. OpenSea’s new found concern for “regulatory clarity” stinks more than a seven-day-old tuna fish special. They want the SEC to back off. But they argue that they are doing it for the betterment of all art NFT creators. But is it really? If so, it’s a rather...

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...

Is the SEC really on the verge of choking digital art and innovation’s golden goose? OpenSea’s recent request to Commissioner Hester Peirce, essentially begging not to be strangled by securities regulations, should be a wake-up call. Addressing this issue goes beyond just one company. It affects the future of the...

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’s largest non-fungible token (NFT) marketplace OpenSea is doing its part. Most importantly, they have challenged the SEC to provide clear guidance to help regulate marketplaces that endanger America’s innovators with uncertainty. In addition, the company is asking the SEC to exempt NFT marketplaces from its proposed new broker...