Bored Apes look a lot like baseball cards. But regulators — particularly at the Securities and Exchange Commission — are making a strained case to the contrary.
Todd White & Ralph Benko
Todd White is the founder of the American Blockchain PAC. Ralph Benko is senior counselor to the group.
Should Bored Apes or other NFTs be regulated as securities? Biden’s policy on crypto taxation undermines his environmental goals
We don’t tax houses while they’re under construction, and we shouldn’t impose taxes on cryptocurrency while it’s staked.