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Despite the rapid expansion of the unique symbol market, the world’s uncertainty has been a major barrier for investors. But in recent days, the organizational scene surrounding the non -application symbols appears to take a new shape. In another exciting incident, the US Securities and Stock Exchange Committee (SEC) dropped investigations into the unique icon laboratories of yoga labs.
The Supreme Education Council ends in yoga laboratories
In a blog on March 4, the Yuga Labs team confirmed that the US Securities and Stock Exchange Committee (SEC) has officially closed its investigation at NFT. The Organizational Committee placed Yuga laboratories in the intensive audit three years ago, noting that the digital asset company was trading unorganized securities. According to the description, securities are financial products that represent digital ownership in a company, such as stocks, bonds and notes.
After 3 years, the Supreme Education Council officially closed its investigation at Yuga Labs.
This is a great victory for NFTS and all creators who push our ecosystem forward. Nfts is not securities.
Yuga Labs (Yugalabs) March 3, 2025
Yuga Labs was launched in 2021, and it is a diploma for the assets of assets that focus on forming the future of Web3 by telling stories, experiences and community posts. Digital assets company is famous for its work in Crypto, NFT, digital media and Blockchain. Yuga Labs is home to some leading NFT groups, including yacht club bored, Mutant Ape Yacht Club, Outherdeed, Kennel Club, and Nft Twelefold groups.
The IP Digital Asset Company (IP) has Cryptopungs, a global unlawful symbolic set that features a fixed set of 10,000 NFTS hosted on ETHEREUM. Meeebits, a famous symbolic set that includes a limited version of 10,000 NFTS and Moonbirds, another group of uniquely unprecedented symbols created by digital assets custody, Proof Collective.
A great victory for NFT Monkey holders
The recent decline in Yuga Labs is a tremendous victory for monkey lovers, bricks and the entire NFT community. It should be noted that the organizational uncertainty remained a major barrier for encryption investors. Now that the Securities and Stock Exchange Committee in the United States has eased its harsh position against most NFT companies, the NFT market is scheduled to be a tremendous bounce.
Last month, the US Securities and Exchange Committee also closed an investigation into Opensea, one of the leading symbolic code platforms, and UISWAP, a leading encrypted currency exchange. The agency claimed that all NFTS on the Opensea market platform was unregistered securities. In addition, the UNISWAP Organizational Committee accused the work as an unregistered medium and exchanged during the issuance of unregistered security.
SEC closes its investigation Opensea. This is a victory for everyone who creates and builds in our area. The attempt to classify NFTS as securities was a step back – one offends the interpretation of the law and slows down innovation.
Each creator, big or small, …
– Dfinzer.eth | Opensea (DFINZER) February 21, 2025
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