Are NFT transactions digital art collections or securities?
The main categories of NFTs include: 1Digital art; 2Collectibles; 3Decentralized finance (DEFI); 4Games; 5Metaverse (virtual world); 6Sports; 7Domain names; 8Trading cards.[1]Â The regulation of NFTs in the United States depends on the specific rights and characteristics of NFTs. If NFTs meet the characteristics of securities, such as investment contracts, then NFTs need to be regulated […]