Felix Shipkevich was quoted in a recent Benzinga.com article entitled ‘James Bond and Tigers and NFTs, Oh My…’
You can read his quote below or read the full article here.
“Today there is somehow an automatic presumption that NFTs do not fall under any regulatory purview. That’s incorrect. NFTs may fall in whole or in part under securities, commodities, money transmission, AML, and other federal and state regulatory purview,” Felix Shipkevich, Special Professor of Law and Founder of Shipkevich PLLC said. “The non-fungible aspect alone does not change the substance that this is a digital token that contains value as an asset or a medium of exchange.”