How NFL's lobbying of the SEC could affect blockchain tech

3 replies 162 views
hawk88Member
Posts: 3 · Reputation: 90
#1Jul 27, 2024, 02:45 PM
So, reports just dropped saying the NFL was lobbying the SEC about "stuff related to blockchain tech" from July to December last year. Then there’s the news that crypto is gonna get a big spotlight during the Super Bowl this Sunday, with tons of crypto companies reportedly shelling out big bucks to advertise. What do you think will come out of this lobbying effort? Do you believe the SEC might adjust its stance on crypto?
5 Reply Quote Share
paul2017Senior Member
Posts: 218 · Reputation: 1426
#2Jul 27, 2024, 06:54 PM
Without any information about the lobbying, it is impossible to comment on it. According to this article that says a lot of nothing:
3 Reply Quote Share
Posts: 38 · Reputation: 186
#3Jul 27, 2024, 09:25 PM
If the lobbying (fancy word for bribery) is successful then we will probably see cryptocurrencies and crypto related stuff being advertised in the Super Bowl which is going to be a big win for crypto because Super Bowl always garners billions of viewers. I don't think they will outrighr change the way they treat crypto but back to the lobbying, if it becomes successful then SEC might impose unsung exceptions to crypto.
1 Reply Quote Share
Posts: 24 · Reputation: 124
#4Jul 29, 2024, 01:45 PM
My guess is the NFL wants to make it easier for them to sell NFTs, probably so they can either sell tickets this way or sell them as an "upgrade" to tickets as an additional revenue stream. I can't really think of any other reason why the NFL would care about blockchain technology.
0 Reply Quote Share

Related topics