CfPA Letter to SEC Re: Concerns Around the Rise and Popularity of Non-Fungible Tokens (“NFTs”)

Susan ECO Support CfPA Support & News Scout, CfPA Support
Posted on 2/1/2022 10:56:48 AM

CfPA President, Samson Williams, sent a letter on behalf of the CfPA to the SEC.  

It begins ...

The Crowdfunding Professional Association (CfPA) has been closely following the growth of NonFungible Tokens (“NFTs”) and are concerned by the increasing number of NFTs that appear to be offered as unregistered securities. The CfPA is very familiar with decentralized ledger technology that enables the creation of NFTs and digital assets as a whole and has petitioned the SEC in the past to adopt rules on the regulation of digital assets that are securities, such as initial coin offerings (ICOs) and so called stablecoins... 

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