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The Legit Ledger Episode 2: The Current State Of NFT Regulation: What Market Participants Need To Know With Jim Gatto And Gabe Khoury (Podcast) – Fin Tech

June 14, 2022
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Cryptocurrency: The Regulator’s Perspective (Podcast) – Fin Tech
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14 June 2022


Sheppard Mullin Richter & Hampton




To print this article, all you need is to be registered or login on Mondaq.com.

In this week’s episode of The Legit Ledger, Sheppard Mullin
attorneys Jim Gatto and Gabe Khoury discuss the current state of
NFT regulation, including misconceptions regarding the regulatory
status of NFTs, the conditions under which an NFT might be
considered a security, which regulatory agencies market
participants should be watching, and more.

Thank you for listening!

What We Discussed in This Episode

  • People frequently assume NFTs aren’t subject
    to many of the same regulatory issues relevant to cryptocurrencies.
    Is that assumption accurate?

  • Have there been any NFT-related regulatory
    enforcement actions?

  • Has the SEC issued any guidance on NFTs?

  • When might NFTs be subject to securities
    laws?

  • How does FinCen’s guidance on the
    applicability of the Bank Secrecy Act to convertible virtual
    currencies apply to NFTs?

  • How does the Department of Treasury’s recent
    study on the facilitation of money laundering and terrorist
    financing through the art trade relate to NFTs?

  • Are there any sanctions-related issues that
    apply to NFTs?

  • Many traditional video game companies have faced
    lawsuits over the alleged use of gambling mechanics. How might the
    growing use of NFTs in blockchain-based games play into that
    trend?

The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.

POPULAR ARTICLES ON: Technology from United States

The SEC Ramps Up Efforts To Police Crypto Industry

Duane Morris LLP

As the crypto industry continues to grow and market volatility remains high, the Securities and Exchange Commission (SEC) has announced its plan to increase its regulation of the area.

Tags: Fin TechmondaqTechnologyThe Legit Ledger Episode 2: The Current State Of NFT Regulation: What Market Participants Need To Know With Jim Gatto And Gabe Khoury (Podcast)
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