Report: SEC Concludes Opensea Probe, Drops Enforcement Threat Over NFTs
The SEC has reportedly ended its investigation into Opensea and will not pursue enforcement action against the NFT marketplace. Source...
securities
SEC Ends OpenSea Investigation, No NFT Securities Action
The SEC has ended its investigation into OpenSea. The commission announced that it would not take legal action, asserting that...
SEC concluding its probe into OpenSea, no securities charges against NFTs
Key Takeaways The SEC is ending its investigation into OpenSea without filing securities charges. OpenSea had prepared a $5 million...
Japan’s FSA Eyes Crypto as Securities in Sweeping Regulatory Overhaul: Report
The Financial Services Agency (FSA) of Japan is planning to recognize crypto assets as financial products equivalent to securities. As...
Coinbase to face lawsuit over unregistered securities sales, judge rules
Coinbase said the judge’s opinion “narrowed the scope of discovery in this case,” adding, “We look forward to vindicating the...
David Sacks, Crypto Advisor, Declares NFTs and Memecoins as Collectibles, Not Securities …
David Sacks, the White House's top crypto advisor, has stated that non-fungible tokens (NFTs) and memecoins should be classified as...
Pump.fun Faces Class Action Over Alleged Securities Law Breaches
Solana-based meme coin creation platform Pump.fun has been hit with a proposed class-action lawsuit accusing it of violating U.S. securities...
Pump.fun hit with suit claming all memecoins are securities
A proposed class-action suit alleged all crypto tokens on Pump.fun are “unregistered security memecoins” that earned the platform nearly $500...
Crypto Czar Dismisses Securities Label for NFTs and Memecoins
White House advisor David Sacks argues that non-fungible tokens (NFTs) and meme coins do not belong in the securities or...
Crypto czar David Sacks says NFTs and memecoins are collectibles, not securities
Non-fungible tokens and memecoins are neither securities nor commodities, according to White House crypto czar David Sacks. Instead, he defines...