🌊 OpenSea vs. SEC

PLUS: Hong Kong explores tokenization with major banks, and other news.

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The Crypto Journal
August 29, 2024

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The Crypto Journal features bitesize market-moving news, summaries, and links from the world of crypto and web3.

Good Morning & Happy Thursday!

In today’s briefing, we have for you a debrief on the SEC’s classification of NFTs as securities, news on Donald Trump’s latest NFT collection, stock market movements related to cryptocurrencies, and more.

We hope you’ll enjoy, and we’'ll see you again on Monday!

Let’s get into it! 👇️ 

TOP NEWS

  • OpenSea, the leading NFT marketplace, may face legal action from the SEC over the classification of NFTs as securities, according to its CEO (Decrypt)

  • Hong Kong Monetary Authority launches a sandbox for Project Ensemble, exploring tokenization and CBDC with major banks and fintech firms (The Block)

  • Bankrupt crypto lender Celsius has distributed $2.53 billion to more than 251,000 creditors since initiating its repayment plan in January 2024 (Decrypt)

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