{"id":20640,"date":"2025-01-25T17:19:46","date_gmt":"2025-01-25T15:19:46","guid":{"rendered":"https:\/\/forklog.com\/en\/david-sacks-nfts-and-memecoins-are-collectibles-not-securities\/"},"modified":"2025-01-25T17:19:46","modified_gmt":"2025-01-25T15:19:46","slug":"david-sacks-nfts-and-memecoins-are-collectibles-not-securities","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/david-sacks-nfts-and-memecoins-are-collectibles-not-securities\/","title":{"rendered":"David Sacks: NFTs and Memecoins Are Collectibles, Not Securities"},"content":{"rendered":"<p>Non-fungible tokens (NFTs) and memecoins are more akin to collectibles than securities, according to David Sacks, special advisor on AI and cryptocurrencies for the newly established task force by Donald Trump, as reported by <a href=\"https:\/\/fortune.com\/crypto\/2025\/01\/24\/crypto-czar-david-sacks-memecoinsn-nfts-collectibles\/\">Fortune<\/a>.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cIt&#8217;s like a baseball card or a stamp. People buy it to preserve the memory of something significant,\u201d he noted.<\/cite><\/p><\/blockquote>\n<p>Sacks expressed hope that new regulatory policies will bring crypto business back to the United States.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cWhat the industry craves most is regulatory clarity,\u201d the expert concluded.<\/cite><\/p><\/blockquote>\n<p>The task force established by the U.S. President is expected to assess the \u201cpotential for creating and maintaining a national reserve of digital assets\u201d within 180 days.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Non-fungible tokens (NFTs) and memecoins are more akin to collectibles than securities, according to David Sacks, special advisor on AI and cryptocurrencies for the newly established task force by Donald Trump, as reported by Fortune.<\/p>\n","protected":false},"author":1,"featured_media":20639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1161,1213],"class_list":["post-20640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-memes","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20640"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20640\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20639"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}