Art Is Not a Security
Briefly

The SEC is wrong. No, it's worse. The SEC is nuts. The NFT market is identical to the art market. If the SEC can regulate the NFT market, then it can also regulate the art market.
This Wells notice is ridiculous, but it’s also no surprise. I predicted it five years ago, publishing an article styled as a work of conceptual art titled 'SEC No-Action Letter Request'.
Read at Coindesk
[
|
]