OpenSea asks SEC to exempt NFT marketplaces from regulations, SEC eases stance on crypto

From Cointelegraph

April 10, 2025 02:08 am:

OpenSea urges SEC to exclude NFT marketplaces from federal securities laws. Legal team argues NFT marketplaces don’t meet exchange definition. OpenSea requests informal guidance from SEC on NFT marketplaces. SEC states stablecoins meeting criteria are non-securities. Memecoins are considered collectibles, not securities. OpenSea asks SEC to exempt NFT marketplaces from broker registration. SEC under Trump administration eases stance on crypto, dismisses enforcement actions. SEC drops probe into OpenSea over alleged securities law violations.

Read more at Cointelegraph: OpenSea urges SEC to exclude NFT marketplaces from regulator’s remit