SEC Commissioner Hester Peirce indicated that NFTs could soon be categorized as non-securities, potentially benefiting projects like Stoner Cats, which raised funds through NFT sales. She envisions a framework that could clarify NFT regulations.
Concurrently, Congress is exploring legislative measures to legalize NFT sales that provide additional perks, such as memberships or merchandise, which could bolster the NFT fundraising landscape. However, Peirce warned against assuming that all NFTs are exempt from securities regulations.
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