Hester Peirce: Many NFTs are not securities - creator -bearing NFTs could also be outside of the Federal Working Laws

Hester Peirce: Many NFTs are not securities - creator -bearing NFTs could also be outside of the Federal Working Laws
Are NFTS securities? Hester Peirce for the legal classification of NFTS
The debate about the legal classification of non-fungable tokens (NFTS) has gained intensity in recent years. Hester Peirce, a commissioner of the US Wagespaper and Börsenkommission (SEC), has commented on this topic and emphasized that many NFTs cannot be classified as securities.
According to Peirce, it is crucial to distinguish what type of NFTS are in circulation. While some digital tokens could be considered as securities, many others do not fall into this category. A particularly interesting argument from Peirce affects NFTS that are used to remunerate creative. She could also point out that some of these NFTs may be outside the state laws of securities, which has important implications for artists and developers.
The underlying legal framework for NFTs are complex and not yet comprehensively defined. The market for NFTS is growing rapidly, and the discussion about its regulation is of great importance for the future of digital art and collectibles. While the SEC continues to examine how NFTs are to be classified, the divergence in the perspective of experts like Peirce becomes clear.
In order to better understand the possible classification of NFTs, it is important to analyze the properties and purpose of each individual token. The discussion about NFTS is not only of legal interest, but also raises questions about liability, allocation of rights and the responsibility of the platforms that offer these digital assets.
Overall, it can be seen that the legal landscape for NFTS is developing and the opinions of experts like Hester Peirce offer valuable insights into the challenges and future developments in this innovative sector.