Crypto

'Most NFTs Are Not Securities,' Says SEC Commissioner Peirce

2025/05/21 18:02 (Updated 2025/05/22 06:01)
CoinPost
Written by A.Yamada
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'Most NFTs Are Not Securities,' Says SEC Commissioner Peirce

'No Securities Nature in NFTs with Royalties'

On the 19th, SEC Commissioner Hester Peirce stated that most Non-Fungible Tokens (NFTs) do not possess the characteristics of securities. This statement is not an official view of the SEC.

Commissioner Peirce opined that NFTs, even those designed to pay royalties to creators, are not securities.

NFTs, short for Non-Fungible Tokens, are digital tokens with unique, irreplaceable value. They are used not only for trading 'digital items' in blockchain games but also serve as proof of ownership for high-value art and enable secondary markets that were difficult to realize in pre-owned sales...

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Iolite Vol.13

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MAGAZINE

Iolite Vol.13

May 2025 issueReleased on 2025/03/28
Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys PHOTO & INTERVIEW Yusuke Narita Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population" Crypto Journey: Interview with Mohsin, a Popular Crypto YouTuber Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret" Series: Tech and Future: Toshinao Sasaki, etc.