🚀 OpenSea is making waves! The NFT marketplace has asked the SEC to exclude it from federal securities laws, claiming NFTs are more like collectibles than securities. OpenSea's legal eagles, Faure and Brookover, penned a letter to Commissioner Hester Peirce, urging clarity and informal guidance on NFT regulations.

They argue that NFT platforms don't fit the bill as exchanges or brokers since they don't execute trades or offer investment advice.

What do you think? Should NFTs be regulated like stocks, or are they just digital Beanie Babies? Share your thoughts below! 🤔