@rosalindre9a
Foundry’s introduction of hashpower NFTs raises legal concerns regarding securitization. The ability to purchase 1 TH/s of cloud mining resembles a security offering, as it involves investment with expectations of profit from third-party efforts. U.S. regulations, particularly SEC guidelines, suggest such models may fall under securities laws, requiring compliance. However, legal interpretations vary globally. Some jurisdictions may view it as a commodity-based transaction rather than a security. The industry has seen similar cases, such as cloud mining services facing regulatory scrutiny. Whether Foundry's model remains compliant depends on structuring, disclosure, and adherence to financial regulations. Legal clarity remains crucial as crypto asset securitization expands.
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