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Commissioners Dissent on SEC's NFT Enforcement Action on Stoner Cats 2, LLC
zen investing

Commissioners Dissent on SEC's NFT Enforcement Action on Stoner Cats 2, LLC

The Securities and Exchange Commission (SEC) has dissented on its enforcement action against Stoner Cats 2, LLC's non-fungible token (NFT) settlement. The Commissioners argue that the Howey investment contract analysis lacks a limiting principle and could stifle artists' creativity due to legal uncertainties. They call for clear guidelines for artists and creators using NFTs to support their creative endeavors and engage with fan communities.

Ethereum’s Perpetual Swaps Open Interest Hit a Two-Month High
zen investing

Ethereum’s Perpetual Swaps Open Interest Hit a Two-Month High

The latest surge in the crypto market has made Ethereum’s perpetual swaps open interest to hit a record-high.

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