Coinatory

SEC's Crypto Enforcement Shift: Relief for OpenSea and Industry The U.S. Securities and Exchange Commission (SEC) has recently reversed its aggressive stance on cryptocurrency enforcement, notably withdrawing its investigation into OpenSea, the leading non-fungible token (NFT) marketplace. This move reflects a broader regulatory shift under the new administration, aiming for clearer guidelines and reduced litigation in the crypto sector. In August 2024, OpenSea disclosed receiving a Wells Notice from the ... SEC's Crypto Enforcement Shift: Relief for OpenSea and Industry Coinatory

OpenSea Urges SEC to Exclude NFT Marketplaces from Oversight The top non-fungible token (NFT) marketplace, OpenSea, has formally asked the SEC to elaborate on the fact that NFT markets are exempt from federal securities regulations. Adele Faure, the general counsel for OpenSea, and Laura Brookover, the deputy general counsel, wrote to Commissioner Hester Peirce, the head of the SEC's Crypto Task Force, on April 9th, urging the agency to provide informal guidance that would exempt platforms such as OpenSea... cryptonews today

Join the OpenSea Waitlist for the December 2024 Launch! OpenSea is a U.S.-based marketplace for non-fungible tokens (NFTs) where users can buy and sell NFTs either at a set price or through auctions. The project has received $425.15M in investment, with backers including Andreessen Horowitz (a16z), Paradigm, Y Combinator, Coinbase Ventures, Balaji Srinivasan, Blockchain Capital, and others. Just recently, the project announced on Twitter that something new is coming: "A new OpenSea is coming. Dece... Coinatory news

OpenSea Set to Launch Revamped NFT Platform in December OpenSea, the leading marketplace for non-fungible tokens (NFTs), will unveil a reimagined platform in December, according to CEO Devin Finzer’s announcement on Monday, November 4. Finzer shared the development on X, describing the new OpenSea as a “ground-up” rebuild aimed at reinvigorating the user experience and advancing innovation in the NFT space. This announcement follows a period of both growth and regulatory challenges for OpenSea. Ju... cryptocurrency news