SEC Drops Bomb: Utility Tokens & NFTs NO LONGER Securities! š¤Æ
This is HUGE for Web3! The SEC Chair has clarified that ICOs tied to network tokens, digital collectibles, or tools are NOT securities. This means these asset classes are now OUTSIDE direct SEC oversight. Say goodbye to the "regulation by enforcement" era for utility projects. Expect a massive surge in innovation for token creation and NFTs. The legal fog is lifting! š
This is not financial advice.
