CryptoSlate
SEC Commissioners Hester M. Peirce and Mark T. Uyeda criticized the regulator’s enforcement action against the Flyfish Club non-fungible token (NFT) collection. In a Sept. 16 letter, the commissioners argued that securities laws are not applicable in this case. Flyfish Club, a dining establishment, sold NFT as exclusive access to a future restaurant and bar…
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SEC commissioners argue securities laws are unnecessary in Flyfish NFT case
Gino Matos
10:03
SEC Commissioners Hester M. Peirce and Mark T. Uyeda criticized the regulator’s enforcement action against the Flyfish Club non-fungible token (NFT) collection. In a Sept. 16 letter, the commissioners argued that securities laws are not applicable in this case. Flyfish Club, a dining establishment, sold NFT as exclusive access to a future restaurant and bar…