Crypto Czar David Sacks Says NFTs and Memecoins Are Collectibles, Not Securities

Slashdot
By msmashJan 24, 2025, 6:30 pm181 pts
Non-fungible tokens and memecoins are neither securities nor commodities, according to White House crypto czar David Sacks. Instead, he defines them as "collectibles." From a report: "It's like a baseball card or a stamp," Sacks said in an interview with Fox Business on Thursday, referencing Trump's explosively…

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