News and Analytics

In the USA, NFT was assigned the status of securities
0

In the USA, NFT was assigned the status of securities

Oct 21, 2022

Slotie Casino, which operates in the metaverse, has released two collections of NFTs. These collections have been recognized as valuable assets in 4 US states.

The authorities of these states have listed points that explain why Slotie NFTs are securities.

  1. Give access to a virtual playground;
  2. Provide an opportunity to earn on staking;
  3. They provide a guarantee to the owners to receive a part of the casino profits.

Slotie Casino - a startup, whose owners violated the law because they sold securities under the guise of NFT that were not registered. It was because of this that it was ordered to stop illegal activities.

NFTs, which provide an opportunity to receive passive income, most often have dangerous hidden risks. Investing in the metaverse can bankrupt users.Joe Rotunda (Head of Texas State Securities Board)

Anonymous sources said that the US SEC is investigating the activities of the developers of the NFT and NFT markets in order to understand which tokens were used to attract investors. Therefore, we can expect that the list of NFTs, with the status of securities, will be increased soon.

Comments

Latest analytics

Revealing the Top...

Revealing the Top Crypto Auto Trading Platforms

Top best centralized...

Top best centralized crypto exchanges

Show more

Latest Dapp Articles

Show more

You may also like