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News Explorer — White House Crypto Czar David Sacks Categorizes NFTs and Meme Coins As Collectibles, Not Securities or Commodities

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Jan 24, 5:39 am
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White House Crypto Czar David Sacks Categorizes NFTs and Meme Coins As Collectibles, Not Securities or Commodities

According to White House AI and Crypto Czar David Sacks, NFTs and meme coins should be categorized as "collectibles," distinct from securities or commodities. This classification could shift the perception of these assets towards cultural and commemorative value rather than speculative risks.

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Jan 24, 5:39 am
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White House Crypto Czar David Sacks Categorizes NFTs and Meme Coins As Collectibles, Not Securities or Commodities

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