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NFTs News

SEC Considers NFT Fundraising and Regulatory Framework

2 mins mins
Key Points:

  • SEC considers allowing NFT-based fundraising, outlines regulatory framework possibilities.
  • Peirce calls for NFT regulation clarity.
  • NFTs may receive no-action relief similar to PoW mining.

sec-considers-nft-fundraising-and-regulatory-framework
SEC Considers NFT Fundraising and Regulatory Framework

During the SEC’s first cryptocurrency roundtable, Hester Peirce proposed enabling cryptocurrency projects to fundraise via tradable NFTs. This proposal may herald regulatory clarity for NFT projects, potentially reshaping how funds are raised and impacting regulatory scrutiny.

Hester Peirce addressed the SEC cryptocurrency roundtable on March 22, advocating for NFT-based fundraising. She suggested projects utilizing NFTs like Stoner Cats may not necessarily be securities. Her statement diverges from previous stringent SEC actions.

Peirce’s remarks highlight a potential shift in regulatory perspective. By recommending a framework for NFT issuers, the SEC may lessen regulatory ambiguity, providing more freedom for these projects to operate and innovate under clear guidelines.

Peirce Advocates NFT Fundraising at SEC Roundtable

Peirce emphasized that not all NFT projects would be exempt from regulation. Reactions to her statement vary across industry stakeholders, who mostly seek regulatory clarity. Some fear that potential changes could bring increased scrutiny to projects with security-like features.

SEC’s Evolving Approach to NFT Regulation and Market Effects

Did you know? The suggestion for no-action relief for NFTs could follow how certain Proof of Work projects were previously granted exemptions, underscoring the evolving stance of the SEC on crypto regulatory matters.

The SEC, during Gary Gensler’s era, has previously had stringent approaches to NFTs, often pursuing them under securities law. Peirce’s statements indicate a potential reassessment which could reshape regulatory landscapes for these digital assets.

Experts predict that establishing a reference framework for NFTs could expand their use in fundraising, potentially driving wider adoption. Data supports that NFT markets benefit from regulatory clarity, offering innovative project funding solutions and broader industry engagement.

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Avatar of Mayowa Adebajo

Mayowa Adebajo

21 March 2025, 23:29:04 GMT +0000

Mayowa is a seasoned freelance writer specializing in creating compelling, high-converting content across diverse industries.

With extensive experience working with major news outlets, personal blogs, and private clients, he brings a deep understanding of audience engagement and storytelling. His expertise spans SEO optimization, persuasive copywriting, and niche versatility, ensuring content that resonates and delivers results.

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