The Influence of SEC’s Gaming Tokens Classification on Web3

The Securities and Change Fee (SEC) has intensified its regulatory scrutiny on Web3 gaming, classifying three gaming and metaverse tokens as securities on June 5. Axie Infinity (AXS), The Sandbox Sport (SAND), and Decentraland (MANA) had been among the many tokens included in SEC’s complete lawsuit in opposition to Binance, the world’s largest cryptocurrency trade. The […]
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