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Cryptocurrency Cointelegraph

The feds are coming for the metaverse — from Axie Infinity to Bored Apes

NFTs in the metaverse should generally be considered securities, but developers have been slow to recognize that fact. Expect a regulatory reckoning to come swiftly for Axie Infinity, Bored Apes, and other projects that...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

The feds are coming for the metaverse — from Axie Infinity to Bored Apes

NFTs in the metaverse should generally be considered securities, but developers have been slow to recognize that fact. Expect a regulatory reckoning to come swiftly for Axie Infinity, Bored Apes, and other projects that have thrown caution to the wind.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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