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SEC Probes NFT Market for Possible Illegal Tokens

 
Inevitability
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User ID: 81814783
United Kingdom
03/10/2022 08:13 AM
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SEC Probes NFT Market for Possible Illegal Tokens
Who'da thought the bankers would have a problem someone fractionalizing assets!!?

The U.S. Securities and Exchange Commission is looking into the creators of NFTs to see if any of them have been breaking the agency's rules, a report from Bloomberg said Wednesday.

The SEC has sought information on what is called "Fractional NFTs," which involves breaking down the asset into units that can be easily bought and sold.The SEC won't be giving crypto lending firms an easy pass for violating the law, according to a recent announcement from new enforcement director Gurbir Grewal, PYMNTS wrote.

Article: [link to www.pymnts.com (secure)]

Last Edited by Inevitability on 03/10/2022 08:14 AM
Fatality. Out of Sanity. Sublime Paragon. Transcendent Virtuoso. Marduk the Inimitable. Truth Ranger. Ipso Facto.

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Inevitability  (OP)

User ID: 81613680
United Kingdom
03/10/2022 10:28 AM
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Re: SEC Probes NFT Market for Possible Illegal Tokens
bump
Fatality. Out of Sanity. Sublime Paragon. Transcendent Virtuoso. Marduk the Inimitable. Truth Ranger. Ipso Facto.

-----------------------------------------------------​-------------------------------------------------------------​--------------------

Truth is like the sun. You can shut it out for a time, but it ain't goin away.

------------------------------------------------------​-------------------------------------------------------------​-------------------

You are not entitled to your opinion. You are entitled to your informed opinion. No one is entitled to be ignorant.

--------------------------------------------------​-------------------------------------------------------------​-----------------------





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