Remove topic non-fungible-tokens
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NFTs explained: Hear from the expert

ThomsonReuters

If you’ve been paying attention to market news lately, non-fungible tokens (NFTs) and blockchain technology are dominating headlines. Step one, what is a fungible token? When an item is fungible it is interchangeable and, in some cases, also indistinguishable. They are fungible.

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The Current Securities Landscape of Cryptocurrencies and NFTs

Reynolds Holding

2] The SEC has not and likely will not issue specific rulemaking or guidance on which cryptocurrencies and NFT projects fall within its purview, but caselaw on the topic is emerging. found in 2023 that Ripple Labs, makers of the XRP token, were liable for securities violations involving a small subset of XRP tokens distributed. [3]

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Wachtell Lipton Discusses Key Issues for Boards in Corporate Governance for 2023

Reynolds Holding

Major financial institutions and world governments continue to move into the crypto space, with the Federal Reserve Bank of New York testing digital dollar tokens with major banks and China’s introduction of e-CNY, its central bank digital currency. Engine No. 1/Exxon, Carl Icahn/McDonalds and Third Point/Royal Dutch Shell).

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A Top DOJ Official Speaks on Corporate Enforcement and Compliance

Reynolds Holding

Which brings me to my next topic: the Fraud Section’s enforcement results over the past year. What those numbers don’t tell you is that these cases cover alleged conduct including the largest Non-Fungible Token (NFT) scheme charged to date, a $2.4 to California, no one is above the law.