Notable NFT Statement from the US Ethics Institution!

According to a new statement by the US Ethics Committee NFT owner U.S. executives, who are now in the middle of nowhere, may have to explain it. USA Ethics committee, 1,000 USA He stated that NFTs with a value of more than US$ should be declared by administrators and public officials.

The US Ethics Board oversees more than 130 government agencies and conducts ethics-focused studies. In fact, in the declarations made in 2021, the declarations about crypto assets and NFTs officially broke records. Despite this, some employees are known to be ambivalent about NFTs. The US Ethics Committee, on the other hand, took action towards this and 1,000 US He stressed that NFTs with a value of USD or more should also be declared.

The Threat Awaiting NFT Projects

OGE manageri Emory A Rounds In the statement made by NFT, it was emphasized that NFTs can be securities and therefore they must be declared strictly. The term “securities” here is very critical. On-going securities to the XRP case In addition, it has emerged with the new statement that some NFT sales also carry the risk of litigation with the suspicion of being securities.

The US securities regulator, the SEC, has previously taken action against many companies and cryptocurrency projects that do this. Now, it seems that the eyes of the USA are on NFT projects and they have a trump card.

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