• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

SEC Concludes Crypto Companies Probes: Positive Outcomes for Immutable

user avatar

by Giorgi Kostiuk

3 months ago


Since January 2023, the U.S. Securities and Exchange Commission (SEC) has concluded several investigations into various crypto companies. This affects a range of firms, including Immutable, which welcomes clarity in regulation.

SEC Investigations into Crypto Companies

Among the companies investigated by the SEC are major players like Kraken, Coinbase, Gemini, MetaMask, OpenSea, Robinhood, and UniSwap. The SEC has formed a crypto task force led by Commissioner Hester Peirce. This group focuses on clarifying how existing securities laws apply to cryptocurrencies.

Goals of the Crypto Task Force Led by Hester Peirce

The task force aims to clarify how existing securities laws are applied in the context of cryptocurrencies. This is crucial for providing certainty and calm among developers and encouraging innovations in blockchain technology.

Immutable's Reaction to Investigation Conclusion

The Australian company Immutable positively assesses U.S. government efforts to establish clear regulations for digital assets. They believe constructive regulation provides certainty for developers and encourages innovation. The closure of the SEC's investigation into Immutable signifies a positive outcome for all involved in digital ownership in the gaming industry, underscoring their commitment to legal and regulatory compliance.

The conclusion of SEC investigations against companies including Immutable signifies a clearer approach to regulating digital assets. This could contribute to the development and implementation of blockchain technologies across various industries, supporting its relevance in the modern world.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Prospects of Solana and Success of Mutuum Finance in DeFi

chest

Solana is gaining momentum, approaching the $180 mark, while Mutuum Finance is successfully conducting its presale.

user avatarGiorgi Kostiuk

ChainCatcher Hosts Discussion on AI and Cryptocurrency Trends

chest

The ChainCatcher event focused on the synergy between AI and cryptocurrency, market impacts, and future trends.

user avatarGiorgi Kostiuk

DeFi Development Corp Makes Significant Purchase of Solana, Highlighting Institutional Interest

chest

DeFi Development Corp has acquired 153,225 Solana tokens, indicating a growing interest from institutional investors in this asset.

user avatarGiorgi Kostiuk

Cryptocurrency Market: Bitcoin Sets Record, Ethereum Approaches $3,000

chest

The cryptocurrency market shows significant growth. Bitcoin reaches a record high while other altcoins also post strong results.

user avatarGiorgi Kostiuk

BTC Bull Token set to launch while BlockDAG partners with Seattle Orcas

chest

The BTC Bull Token is preparing to launch, and BlockDAG has formed a significant partnership with Seattle Orcas, enhancing its market position.

user avatarGiorgi Kostiuk

GameSquare Acquires 1,818.84 ETH for $5 Million, Strengthening Its Position in the Crypto Industry

chest

GameSquare announces the purchase of 1,818.84 ETH for $5 million, highlighting the growing interest in corporate investments in digital assets.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.