Search Results: keywords:"new frontiers in technology act"

  • H. R. 10544 — To specify the treatment of covered non-fungible tokens under the securities laws, and for other purposes.
    Status:Introduced in House
    Words:1,255

    H.R. 10544, also known as the "New Frontiers in Technology Act," aims to clarify the treatment of non-fungible tokens (NFTs) under U.S. securities laws. The bill specifies that certain NFTs, termed as "covered non-fungible tokens," are not considered investment contracts or...

    Simple Explanation

    H.R. 10544 is a plan to help people understand how special digital items called NFTs are treated under U.S. law, saying that some NFTs shouldn't be seen as investments. It also asks for a big study to learn more about NFTs and their risks.