Tag: sec

Ripple's SEC Deal: A Win for Free Markets or Regulatory Capture?

Ripple's SEC Deal: A Win for Free Markets or Regulatory Capture?

The news is buzzing: Ripple and the SEC are this close to a settlement. A lowered stack of chips, an end to the appeals – it was all sounding like a win, right? A huge win for the little guy against the regulatory behemoth. Before we uncork the champagne, let's...

Is the SEC Finally Softening on Crypto? Ripple Deal Signals Hope

Is the SEC Finally Softening on Crypto? Ripple Deal Signals Hope

A lot has changed in the air lately in the crypto world, hasn’t it? You can almost taste the optimism. The joint request from Ripple and the SEC to suspend their appeal proceedings – including those against Brad Garlinghouse and Chris Larsen – speaks volumes. This is more than just...

OpenSea to SEC: Don't Regulate NFT Marketplaces as Exchanges

OpenSea to SEC: Don't Regulate NFT Marketplaces as Exchanges

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's SEC Plea: A Trojan Horse for Crypto Billionaires?

OpenSea's SEC Plea: A Trojan Horse for Crypto Billionaires?

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...

SEC Overreach? Why OpenSea's Plea Deserves a Serious Hearing

SEC Overreach? Why OpenSea's Plea Deserves a Serious Hearing

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...

OpenSea Urges SEC to Exclude NFT Marketplaces From Exchange, Broker Definitions

OpenSea Urges SEC to Exclude NFT Marketplaces From Exchange, Broker Definitions

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 to SEC: Don't Call Us an Exchange! Here's Why.

OpenSea to SEC: Don't Call Us an Exchange! Here's Why.

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....

Is SEC Overreach Stifling NFT Innovation? OpenSea's Plea Deserves Answers

Is SEC Overreach Stifling NFT Innovation? OpenSea's Plea Deserves Answers

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...

OpenSea's SEC Plea: A Trojan Horse for Crypto Billionaires?

OpenSea's SEC Plea: A Trojan Horse for Crypto Billionaires?

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...

SEC Overreach? Why OpenSea's Plea Could Save the NFT Market

SEC Overreach? Why OpenSea's Plea Could Save the NFT Market

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...