Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, US Securities and Exchange Commission (SEC) Chair Paul Atkins offered further clarity on why nonfungible tokens (NFTs) generally fall outside securities laws, Ethereum aims to cut bridge times by 98% with a new rule, and US Senator Tim Scott expects a compromise on the market structure bill this week.
After the US Securities and Exchange Commission (SEC) outlined four broad categories of digital assets that fall outside securities laws, Chair Paul Atkins offered further clarity on why nonfungible tokens (NFTs) generally do not meet that definition.
In a Wednesday interview with CNBC, Atkins reiterated that the agency’s recent interpretive release identified four types of digital assets that are typically not considered securities: digital commodities, digital tools, digital collectibles such as NFTs, and stablecoins.
