OpenSea founder, Devin Finzer, announced that the SEC has concluded its investigation into the platform. This decision frees the industry from the threat of NFTs being recognized as securities, which could have slowed down its development. The platform received support not only from industry peers but also from competitors like Magic Eden. Many experts believe that this event could serve as a catalyst for the next wave of growth in the NFT market. The market's reaction was positive, as it strengthens trust in the ecosystem.
2/22/2025 8:40:16 AM (GMT+1)
SEC concludes investigation against OpenSea: The platform is cleared of securities law violations, supporting the development of the NFT industry
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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