Close Menu
Cryprovideos
    What's Hot

    Caliber shares up 77% on LINK treasury information amid Nasdaq probe

    August 28, 2025

    Revenue-Taking Alerts Emerge After Cronos (CRO) Surges 140% in a Week

    August 28, 2025

    Litecoin Exhibits Indicators of Community Maturity as Bulls Eye Greater Ranges – BlockNews

    August 28, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»OpenSea Asks SEC for Readability on NFT Market Guidelines – Decrypt
    OpenSea Asks SEC for Readability on NFT Market Guidelines – Decrypt
    Crypto News

    OpenSea Asks SEC for Readability on NFT Market Guidelines – Decrypt

    By Crypto EditorApril 10, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    OpenSea Asks SEC for Readability on NFT Market Guidelines – Decrypt

    NFT market OpenSea is asking U.S. regulators to make clear that it and platforms prefer it shouldn’t be handled as securities exchanges or brokers. 

    The request comes simply months after the Securities and Trade Fee (SEC) dropped a probe into the corporate’s alleged violation of federal securities legal guidelines.

    In a letter dated April 9, OpenSea’s common counsel, Adele Faure, and deputy common counsel Laura Brookover urged SEC Commissioner Hester Peirce to situation casual steering affirming that NFT marketplaces fall outdoors the scope of broker-dealer and trade guidelines.

    “Classifying OpenSea and comparable NFT marketplaces as securities exchanges or brokers can be regulatory overreach,” they wrote.

    The corporate contends it doesn’t meet the authorized definition of an trade underneath U.S. securities legal guidelines as a result of it doesn’t execute transactions or act as an middleman. 

    OpenSea describes itself extra as a digital bazaar than a buying and selling ground, “permitting individuals to find NFTs and join with consumers and sellers” relatively than facilitating trades within the conventional sense.

    It additionally pushed again on the dealer label, saying it doesn’t present funding recommendation, negotiate offers, or custody buyer belongings. In the long term, it has requested the Fee to exempt NFT marketplaces like OpenSea from proposed dealer regulation.

    The letter follows the SEC’s resolution in February to shelve a number of high-profile investigations into crypto corporations, together with one into OpenSea. 

    These choices got here amid a broader coverage pivot underneath Donald Trump that has embraced the crypto business, although skeptics query whether or not the president is just attempting to counterpoint himself.

    Regardless of Bitcoin’s record-breaking rally and the DeFi sector’s progress, NFTs have remained within the doldrums over the previous couple of years. 

    In 2024, buying and selling volumes and gross sales counts dropped to their weakest ranges since 2020. Annual buying and selling volumes fell by 19%, whereas gross sales had been down by 18% in comparison with the yr earlier than.

    Edited by Sebastian Sinclair

    Each day Debrief Publication

    Begin day-after-day with the highest information tales proper now, plus unique options, a podcast, movies and extra.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Dwell Crypto Information: Trump Media, Crypto.com Plan CRO Treasury

    August 28, 2025

    Greatest Crypto To Purchase As we speak: Layer Brett's 1000% Staking Rewards Aren't Ready Round – DOGE, PEPE Holders Dive In

    August 28, 2025

    Tips on how to Make Crypto Buying and selling a Behavior (With out It Taking Over Your Life)

    August 28, 2025

    REX-Osprey Pushes for First-Ever BNB Staking ETF, Eyes SEC Approval by November

    August 28, 2025
    Latest Posts

    Trump Sons-Backed American Bitcoin To Record On Nasdaq In September – Bitbo

    August 28, 2025

    Analysts Eye $160,000 for BTC by Christmas as This fall Rally Traits Maintain

    August 28, 2025

    Bitcoin vs Tokenized gold – Which one is the final word safe-haven for traders?

    August 28, 2025

    Company Bitcoiners eye Thailand as gateway to $3.8 trillion ASEAN Bitcoin treasury play

    August 28, 2025

    Bitcoin Braces for One other Dip as On-Chain Knowledge Warns of Spot and Futures Selloffs

    August 28, 2025

    Sequans Unveils Formidable 100,000 BTC Treasury Technique – Bitbo

    August 28, 2025

    Bitcoin Normalized Handle Exercise Drops To 30%: Promoting Strain Eases

    August 28, 2025

    Bitcoin Hyper Innovates Bitcoin in Viral Presale Set to Explode

    August 28, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Illuvium [ILV] crypto doubles after $11 bounce! Can bulls push previous $24 subsequent?

    August 7, 2025

    NFT Market OpenSea Introduces NFT Creator Studio 2.0

    July 30, 2025

    MIND of Pepe Tops $6 Million in ICO, Bringing the Final AI Assistant to Crypto Merchants

    February 17, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.