And, although almost every single other crypto is a security, NFTs really aren't. They don't pass Howie.
Btw, it’s ok to be completely pro and only Bitcoin and also think the SEC’s “regulation by enforcement” against OpenSea (claiming NFTs on their platform are unregistered securities) is a complete overstep, unlawful, and dangerous precedent continuously being set by Chair Gensler
https://www.axios.com/2024/08/28/sec-nft-opensea-lawsuit-wells-notice
Discussion
I’d actually agree here.
nostr:npub1zx0uydq67a62k5vhjcsvh0qvedk9ht9gz9t56et6j9k7wayj809qjghdct, thoughts?
Yeah I’d 100% agree. This is another idiotic Gensler move. I’ll be curious to see the language in the enforcement action, though. Politically this is kind of mind-numbingly dumb for Dems.