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Can It Be a Commodity if It’s Not Fungible? Evaluating NFTs Under the Commodity Exchange Act

Global Fintech & Digital Assets

Understanding NFTs as commodities calls for a more nuanced analysis than what their “non-fungible” label might suggest at first glance. More recently, attention has turned to whether non-fungible tokens (NFTs), and particularly fractional NFTs, may constitute securities for purposes of the US federal securities laws.

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Spain targets crypto and NFTs with a new tax reform

The Paypers

A Spanish publication has reported on the Spanish Ministry of Finance ’s plans to target cryptocurrencies and NFTs with a new tax reform.

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What Would it Take to See an NFT Revival?

The Fintech Times

Non-fungible tokens ( NFTs ) took the world by storm in 2020 and 2021, as seemingly everyone discussed the relatively new concept, and some spent significant amounts to become sole owners of NFT art. Most NFTs saw a significant reduction in value as interest in the concept rapidly reduced across the globe.

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New bill recognises digital assets as personal property in the UK

The Paypers

A recent bill introduced in the UK Parliament has classified digital assets such as cryptocurrencies, NFTs, and carbon credits as personal property under the law.

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Alchemy Pay Now Supports AlipayHK, DANA, QRIS, and GCash for NFT Purchases

Fintech News

This move allows users to purchase NFTs directly using these widely-used payment methods, improving accessibility to the NFT market. The integration is particularly significant in Hong Kong, where users can now easily use AlipayHK for NFT transactions, aligning with the region’s growing interest in the crypto industry.

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What Are the Biggest Cryptocurrency Innovations We Have Seen in the Last Year?

The Fintech Times

Our monthly focus now turns to the most well-known form of digital assets : cryptocurrencies. This convergence is seeing cryptocurrency increasingly making its mark in the real world, with financial giants like Fidelity and BlackRock showing interest and investment in the space. But what is keeping this momentum going? .

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ELFi Protocol, a DEX Derivatives Platform, Officially Launched with a $100,000 Airdrop Event

Fintech Review

Innovative Features Introduced by ELFi: Portfolio Margin Mode : This feature allows users to use various cryptocurrencies as margin assets, enabling more flexible risk hedging within their multi-asset portfolios. It improves capital efficiency, reduces trading costs, and enhances the implementation of trading strategies.

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