Can It Be a Commodity if It’s Not Fungible? Evaluating NFTs Under the Commodity Exchange Act
Global Fintech & Digital Assets
FEBRUARY 1, 2024
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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