🖥 #news
Gensler Faces Heat Over NFT Security Stance
✔️ In the recent hearing, Gary Gensler, the Chair of the U.S. Securities and Exchange (SEC), stirred controversy by claiming Non-Fungible Tokens(NFTs) should be classified as securities.
📌 His stance has drawn sharp criticism from the members of the crypto community and lawmakers who argue that NFTs should not be classified as investment contracts subject to federal securities laws.
@theguysnft,
You need, we lead.
Gensler Faces Heat Over NFT Security Stance
✔️ In the recent hearing, Gary Gensler, the Chair of the U.S. Securities and Exchange (SEC), stirred controversy by claiming Non-Fungible Tokens(NFTs) should be classified as securities.
📌 His stance has drawn sharp criticism from the members of the crypto community and lawmakers who argue that NFTs should not be classified as investment contracts subject to federal securities laws.
@theguysnft,
You need, we lead.