Regulatory Retreat? SEC Drops Yuga Labs Investigation Amid Crypto Policy Shift

Yuga Labs, the blockchain innovator down the fashionable Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series, declared contiguous that the U.S. Securities and Exchange Commission has concluded its enquiry without pursuing enforcement action. Yuga Labs: ‘NFTs Are Not Securities’ Regulators terminated their scrutiny of the institution this week, ending a probe launched successful October […]