Devin Finzer, CEO of OpenSea, declared that trying to classify NFTs as securities would have been a misinterpretation of the laws and would slow innovation

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Feb 21, 2022 - 12:00am

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“This is a win for everyone who is creating and building in our space. Trying to classify NFTs as securities would have been a step backward—one that misinterprets the law and slows innovation,” Finzer posted
Finzer said that labeling NFTs as securities would have hurt the industry and stifled innovation.