The United States Security and Exchange Commission (“SEC”) is reportedly investigating Yuga Labs Inc., the creator of the Bored Ape Yacht Club, one of the most lucrative blockchain NFT (non-fungible token) projects. Earlier this year...
On March 9, 2022, President Biden signed a historic executive order directing federal agencies and regulators to assess the risks and benefits of cryptocurrencies and examine the viability of a digital currency issued by the...
Valve recently announced that games and applications using blockchain-based cryptocurrencies or Non-Fungible Tokens (NFTs) cannot be published on its Steam distribution platform. As the world’s largest digital video game distribution platform, Steam’s ban has stirred...
The Securities and Exchange Commission (“SEC”) recently announced a $388,000 settlement with the founder of EtherDelta, a digital “token” trading platform, for operating an unregistered cryptocurrency exchange. This is the first enforcement action of its...