Category: OpenSea

  • OpenSea Dodges a Bullet as SEC Drops Investigation—Details

    In a move by many in the encryption industry as a positive signal, the US Securities and Stock Exchange Committee (SEC) is officially to stop Opensea investigation, the leading NFT market. This decision concludes months of uncertainty regarding the organizational status of NFTS and their classification under US Securities Laws.…

  • A16z, OpenSea partner with Stand With Crypto to create NFT legal fund  

    Andreessen Horowitz’s A16Z Crypto Fund has partnered with Stand With Crypto and OpenSea to create a legal defense fund for creators. According to the releases from OpenSea and a16z, this initiative It is designed to provide legal support and advice to artists and creators using blockchain technology, especially those working…

  • A16z, OpenSea partner with Stand With Crypto to create NFT legal fund  

    Andreessen Horowitz’s A16Z Crypto Fund has partnered with Stand With Crypto and OpenSea to create a legal defense fund for creators. According to the releases from OpenSea and a16z, this initiative It is designed to provide legal support and advice to artists and creators using blockchain technology, especially those working…

  • SEC probes OpenSea, but NFT artists are likely not the target

    Disclosure: The opinions and ideas expressed here belong solely to the author and do not represent the opinions and views of the crypto.news editorial board. Coinbase, Uniswap, Robinhood, Kraken, and Consensys are the names the digital asset industry is used to seeing take a terrifying hit. Wales Notices From the…

  • Crypto community on OpenSea Wells Notice: ‘Welcome to the club’

    Many pro-crypto voices have voiced opposition to Wells’ notice to NFT marketplace OpenSea on August 28, as the SEC’s sweeping crackdown has progressed unchecked. OpenSea was then named to the SEC’s chopping block just a week after Democratic presidential candidate Kamala Harris opened up about adopting crypto-friendly policies. News about…

  • Crypto community on OpenSea Wells Notice: ‘Welcome to the club’

    Many pro-crypto voices have voiced opposition to Wells’ notice to NFT marketplace OpenSea on August 28, as the SEC’s sweeping crackdown has progressed unchecked. OpenSea was then named to the SEC’s chopping block just a week after Democratic presidential candidate Kamala Harris opened up about adopting crypto-friendly policies. News about…

  • OpenSea Faces SEC Wells Notice Over NFT Classification As ‘Securities’

    On Wednesday, OpenSea, the largest marketplace for non-fungible tokens (NFTs), received a Wells notice from the U.S. Securities and Exchange Commission (SEC), indicating the regulator’s intent to take potential legal action, asserting that NFTs traded on the platform could be classified as securities. CEO Devin Finzer Responds to SEC Notice…