NFT Industry Faces Uncertainty as Federal Judge May Categorize NBA Top Shot Tokens as Securities – Regulation Incoming?
The popular NBA Top Shot NFT trading cards could be deemed securities for regulatory purposes in the US, after a judge allowed a lawsuit against Top Shot’s creator to move forward. Top Shot creator Dapper Labs was sued b...
Top Shot creator Dapper Labs was sued by a buyer of the NFTs who alleged that the creator’s failure to register them with the Securities and Exchange Commission (SEC) had harmed her and other buyers....
Read More: NFT Industry Faces Uncertainty as Federal Judge May Categorize NBA Top Shot Tokens as Securities – Regulation Incoming?
Original source
Read on CryptonewsRelated market context
Jason Yanowitz: Transparency and trust are vital for crypto growth, tokenization is reshaping financial markets, and regulation is necessary for industry maturity | Bell Curve
Tokenizing assets could revolutionize financial markets by bringing infrastructure on-chain and enhancing transparency. The post J...
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
Meta’s AI unit faces chaos as executives struggle with strategy
Meta's AI strategy chaos could shift industry dynamics, impacting open-source AI's role and fueling decentralized tech's appeal. T...
CFTC sues New Mexico over federal jurisdiction infringement
The CFTC's legal actions could centralize prediction market regulation, impacting state autonomy and setting a precedent for feder...
Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem
Bitcoin Magazine Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem Metaplanet Inc., Japan’s large...