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Flyfish Club Settles with SEC for $750K Over Unregistered NFT Offering

🚀 Stay Ahead with AltcoinDaily.co! 🌐 Flyfish Club, LLC, an exclusive NFT-based restaurant project, has reached a $750,000 settlement with the U.S. Securities and Exchange Commission (SEC). The settlement addresses the SEC’s claims that Flyfish conducted an unregistered offering of crypto asset securities when it sold 1,600 non-fungible tokens (NFTs) to U.S. investors, raising $14.8…

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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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