Odaily Planet Daily News đ Oscar Franklin Tan, chief legal officer of Web3 organization Atlas Development, recently stated that certain specific categories of NFTs may be classified as securities. He pointed out that among the many use cases of NFTs, some may be similar to investment products, so in some cases, these NFTs can be considered securities. This view brings a new legal perspective to the NFT market and may affect future regulatory frameworks. đ
Despite potential regulatory challenges in the NFT market, Bitcoin remains strong and continues to dominate the cryptocurrency market. đ