- Opensea from the United States SEC requests to focus on NFT market regulations.
- Opensea General Adviser and Deputy General Adviser wrote a letter to Hester M. People on the NFT market guidelines.
Donald Trump in the United States has led to a major transformation into the country’s encryption industry. Organizing the long -awaited encryption on the table in the country. Legislators have already provided several bills on the establishment of strategic reserves for encryption and the organization of Stablecoin. But there is no hint about NFTS and NFT markets yet.
Opensea is the leading NFT market that has contributed greatly to NFT trading after birth. Marketplace now invites SEC in the United States for NFTS instructions and markets.
Opensea General Adviser and Deputy General Adviser sent letter To the SEC Hester M. PEIRCE Commissioner yesterday to organize NFT. They have made an argument that NFT markets do not qualify because security stock exchanges and NFTS are not securities.
Opensea and NFT markets are neither exchange nor brokers
Marketplace Nft itself presents itself as a digital bazaar that connects NFTS with buyers and sellers. He claims that it is not an exchange under the laws of US Securities because it does not act as a mediator. Since the platform does not provide investment advice and nursery assets, it also does not claim to be mediation.
The message says,
“We ask the Supreme Education Council to clarify the current industrial confusion on this issue by spreading informal guidance. In the long run, we call on the committee to exempt NFT markets such as Opensea from the proposed mediator.”
SEC brought down investigations into several encryption companies, including those in Opensea, recently in February. The fact that the platform is pushing for NFT months after Decrease noteworthy.
He urged OpenSea SEC through its message, on behalf of the entire NFT space. Since the United States government is already focusing on the organization of encryption, it may consider Opensea’s request and direct NFT forward at any time.
The news of the encryption was highlighted today:
Binance announces a second batch of “voting to deletion” for community inputs
Involve
