On Monday, August 28, 2023, the U.S. Securities and Exchange Commission (SEC) entered into a settled enforcement action (the "Order") with Impact Theory, LLC, a media and entertainment company.
Key Points - On August 28, 2023, the SEC charged Impact Theory, LLC, a media company with an unregistered securities offering through its sale of NFTs. This marks the first time that.
Mark Cuban lashes out at SEC over crypto enforcement, says it s near impossible to know what s a security kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
Over the last five years, decentralized finance (DeFi), especially cryptocurrencies and other digital assets are a space that continues to grow at an exponential rate, not only for.
NFTs and digital art blockchain: Is blockchain’s digital token new frontier its brightest?
So here we are. Two years on and a little deflated.
While unregistered or non-exempt token offerings were started with great fanfare, reaching their crescendo in 2017 with the wild-west of unregistered ICOs shot down O.K. Corral-style by the SEC, followed by the utility being sucked out of utility tokens, we have now arrived at the third blockchain marvel attracting ever-increasing interest, and, dare we say it, speculation.
Enter non-fungible tokens, now intimately called NFTs or Niftys or other variations on the acronym, with room after room on Clubhouse packed with aspirant or actual minters of the mainly digital art tokens, and platforms like Superare and Nifty Gateway minting, promoting, or creating markets in NFTs.