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Digital Chamber Urges Congress to Exempt NFTs from SEC Securities Laws

🚀 Stay Ahead with AltcoinDaily.co! 🌐 The Digital Chamber, a prominent crypto and blockchain advocacy group, is pushing for legislation that would classify certain non-fungible tokens (NFTs) as consumer products, shielding them from federal securities regulations. This comes as the U.S. Securities and Exchange Commission (SEC) signals potential enforcement actions against OpenSea, one of the…

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Supreme Court Urged to Protect Crypto in Nvidia-Backed Legal Fight

The Digital Chamber filed an amicus brief on Tuesday in support of Nvidia Corp. It focuses on the implications of the Ninth Circuit’s decision for the cryptocurrency industry. The brief argues that the Ninth Circuit’s approach to pleading standards under the Private Securities Litigation Reform Act (PSLRA) could severely impact emerging technology sectors, especially cryptocurrency….

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