EddieJayonCrypto

 23 Feb 25

tl;dr

The SEC has ended its investigation into NFT marketplace OpenSea, as confirmed by co-founder and CEO Devin Finzer. This decision follows Coinbase's announcement that the SEC intends to drop charges against the crypto exchange. Finzer stated that classifying NFTs as securities would hinder innovation...

The SEC has closed its investigation into NFT marketplace OpenSea, following a similar action against Coinbase. OpenSea's co-founder and CEO, Devin Finzer, sees this as a victory for NFT creators, as it allows them to innovate without unnecessary constraints. The SEC does not intend to recommend enforcement action against OpenSea, paving the way for creators to shape digital ownership and innovation freely. OpenSea plans to launch a SEA token and has introduced an overhauled multi-chain platform called OS2. This development signals a positive outlook for NFT creators and the broader crypto industry.

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 23 Feb 25
 23 Feb 25
 23 Feb 25