SEC Drops OpenSea Investigation Easing Pressure on NFT Market

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SEC Drops OpenSea Investigation Easing Pressure on NFT Market

The regulator’s decision comes after Coinbase said the SEC will vote on a deal to abandon its enforcement case against it.

Bitcoin Ethereum News

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SEC Drops OpenSea Investigation and NFTs Enter a New Era

The post SEC Drops OpenSea Investigation and NFTs Enter a New Era appeared on BitcoinEthereumNews.com. The SEC has dropped its investigation into OpenSea without classifying NFTs as securities. The decision is seen as a victory for the NFT industry, but regulatory uncertainty still lingers. The U.S. Securities and Exchange Commission (SEC) has officially ended its investigation into OpenSea without filing charges. OpenSea’s CEO, Devin Finzer, de…

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After a year and a half of a judicial battle, Coinbase informed that the Securities and Exchange Commission (SEC) was about to drop its lawsuits. This could mark a turning point in US regulation. The SEC will cancel its lawsuits against Coinbase appeared first on Cryptoast.

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The recent decision of the U.S. Securities Commission (SEC) to withdraw its lawsuit against Coinbase points to a significant change in the regulatory policy of cryptoactives under Donald Trump’s new administration. Changing course in the SEC after Gensler’s presidency After accusing Coinbase in 2023 of operating illegally, the SEC has agreed to dismiss the case, which marks a distancing from the strict crypto-regulation policies of the former pr…

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Big Win: SEC Drops Lawsuit Against Coinbase - Chamber of Progress

The Securities and Exchange Commission (SEC) is dropping its lawsuit against Coinbase, The New York Times reported today. The SEC had sued Coinbase in 2023, accusing digital currencies of being unregistered securities, a similarity not grounded in the technology’s actual goal or use. With the lawsuit dismissed, Congress should act to provide clear guidelines for the industry. “The SEC should have never brought this lawsuit in the first place. In…