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Despite the rapid expansion of the global non -fascinable tokens market, regulatory uncertainty has remained an important road dam for investors. But in recent days, the regulatory landscape surrounding non -spindle tokens seems to take a new form. In another exciting incident, the United States Securities and Exchange Commission (SEC) abandoned surveys on the creator of non -budgetary tokens of the Yuga Labs.
The dry ends the probe in Yuga Labs
In a blog post of March 4, the Yuga Labs team confirmed that the United States Securities and Exchange Commission (SEC) had officially closed its investigation into its company NFT. The regulation committee put Yuga laboratories to a meticulous examination three years ago, quoting that the digital asset company exchanged unregulated securities. By description, securities are financial products representing the digital property of a company, such as stocks, bonds and tickets.
After more than 3 years, the SEC officially closed its investigation into Yuga Labs.
It is a huge victory for NFTS and all creators advancing our ecosystem. NFTs are not titles.
– Yuga Labs (@yugalabs) March 3, 2025
Launched in 2021, Yuga Labs is an incubation studio of digital assets focused on training the future of web3 through narration, experiences and community commitments. The digital asset company is renowned for its work in the crypto, the NFT, the digital media and the blockchain. Yuga Labs houses some of the main NFT collections, including the Bored Ape Yacht Club, the mutant Ape Yacht Club, Authdeed, Bored Ape Kennel Club and the twelve NFT collections.
The digital asset company has intellectual property (IP) for cryptopunks, another collection of non -bubble tokens worldwide recognized with a fixed NFT set of 10,000 pixilés hosted on the Ethereum network; Meebits, a collection of non -bubble tokens renowned with a limited edition of 10,000 NFTS and Moonbirds, another collection of non -bubble tokens previously renamed by Digital Asset Incubation, proof collective.
Huge victory for bored monkey holders
The recent drop in the survey for Yuga Labs is a massive victory for fans of mutant monkeys and the entire NFT community. It should be noted that regulatory uncertainty has remained an important road dam for cryptographic investors. Now that the United States Securities and Exchange Commission has loosened its severe position against most NFT companies, the NFT market is planned for a massive rebound.
Last month, the United States Securities and Exchange Commission also closed an investigation into Opensea, one of the main non-fascinable token market platforms, and UNISWAP, a main cryptocurrency exchange. The agency said that all NFT on the Opensea market platform were unregistered titles. In addition, the regulatory committee has accused Uniswap of operating as an unregistered broker and an exchange while issuing an unregistered warranty.
The dry closes his investigation into @Opensea. It is a victory for all those who create and build in our space. Trying to classify the NFT as titles would have been a step back – the one who misinterprets the law and slows innovation.
Each creator, large or small, …
– Dfinzer.eth | OPENSEA (@dfinzer) February 21, 2025
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