Why the SEC Is Wrong About NFTs
Briefly

Federal laws have expanded dramatically, now comprising 54 volumes and over 60,000 pages, reflecting the complex nature of modern society and leading to over-enforcement.
Justice Gorsuch and Nitze emphasize that the rule of law requires clarity and stability in laws, which is compromised when enforcement is based on ambiguous interpretations.
The SEC's opaque treatment of NFTs illustrates a troubling trend of over-enforcement, further exacerbating the challenges artists face in navigating this new digital marketplace.
With estimates of over 300,000 regulations carrying criminal penalties, the expansive federal framework complicates ordinary people's understanding of the law.
Read at Coindesk
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