Crypto EcoBlog
Story Highlights SEC closes Yuga Labs investigation without penalty or charges. The decision supports the position that NFTs are not securities. The SEC’s kinder stance suggests evolving cryptocurrency restrictions. The US Securities and Exchange Commission (SEC) closed down its probe against Yuga Labs, owner of Bored Ape Yacht Club (BAYC) non-fungible token (NFT) venture and ApeCoin (APE). The SEC will not pursue any enforcement and close the investigation launched in October 2022. Yuga...
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