The US Stock Exchange and Securities Commission (SEC) has eliminated its research on the immutable web 3 games and will not present application charges, according to a company’s Tuesday announcement.
Immutable, an Australian company, revealed that he had received a war notice, essentially an official Front of the SEC that intends to present an execution action against the recipient, in November. At that time, the firm speculated that the research of the SEC was linked to its listing and private sales of its native token IMX in 2021.
“We are happy that the SEC has completed its investigation,” Robbie Ferguson, co -founder and president of Immutable, said in a statement. “This marks a significant milestone for the crypto
Industry and game as we move towards a future with regulatory clarity. “
Ferguson added that the company was “excited” by the regulatory clarity in development from the United States government, and said that “with a clear regulatory framework, we planned to accelerate our ambitions to bring digital property to 3,100 million players in the world.”
The SEC declined to comment, telling Coendesk that the agency “does not comment on the existence or absence of a possible investigation.”
The SEC’s decision to end its investigation into imminutable is the last of a series of closed probes and retired litigation as the agency continues its large -scale retirement of the so -called “application regulation” approach of former President Gary Gensler to the cryptographic industry. Under the leadership of the interim president Mark Uyeda, the SEC has indicated a total review in its cryptographic regulation strategy, establishing a cryptographic working group headed by the cryptographic commissioner Hester Peirce and starting a series of round table discussions with the industry actors.
In the period of less than three months since the president of the United States, Donald Trump, assumed the position, catalyzing a regulatory sea change for the cryptographic industry: the research of the SEC on the exchange of Gemini cryptography, the Robinhood commercial platform, the non -fungible market of Token (NFT) OpenSea, the NFT Yuga Yuga Yuga company Immutable, it has fallen, without forgados forgins. The litigation of the agency against cryptographic companies, including Kraken, Coinbase, A consensys, Ripple and Cumberland Drw, have also retired. Even more litigation, including the cases of the SEC against Tron and Binance, have stopped.
However, not all who received a well -notice from the hook of the SEC. The Unicoin cryptographic issuer received a warning from Wells last year informing the firm that SEC planned to present charges alleging fraud violations, deceptive practices and the offer and sale of unregistered values.
A Unicoin spokesman told Coindesk that the company “remains in the final stages of the SEC review process.”
“From now on, we have not received new updates or formal comments from the SEC regarding our record,” added the spokesman. “We are totally committed to compliance and transparency, and we continue working to ensure the necessary approvals for our planned offers.”
Crypto.com also received a Wells notice from the SEC last year, after which he demanded the agency and then Chair Gensler, accusing the regulator to illegally expand his jurisdiction. ” The suit was dropped later. Crypto.com has not publicly commented on the state of the research of the SEC, and did not respond to the request for comments from Coindesk.
