DraftKings kills NFT business, citing 'legal developments’
It comes four weeks after a federal judge found DraftKings NFTs fell “within the meaning” of the Securities Act and Exchange Act and thus could be securities.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It comes four weeks after a federal judge found DraftKings NFTs fell “within the meaning” of the Securities Act and Exchange Act and thus could be securities.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitget Hack Fallout Deepens as Greece Adds Four MiCA-Equipped Providers and SEC Redraws Securities Lines
Bitget confirms $388m stolen via third-party flaw as Bitcoin withdrawals resume; four Greek providers join MiCA register and SEC c...
Sparkling Launches the Trading App That Comes With an Agent
Abu Dhabi, UAE, September 30th, 2026, Chainwire Trade crypto, perpetual futures, prediction markets and tokenized US stocks from o...
SEC Sues Four Firms Over Alleged $15 Million Crypto Scams Run Through WhatsApp Chats
The Securities and Exchange Commission charged four entities on Tuesday over two alleged schemes that used WhatsApp group chats an...
Open USD Stablecoin Goes Live as Stripe, Visa and Mastercard Open It to Businesses
Open USD (OUSD), the dollar stablecoin backed by Coinbase, Mastercard, Shopify, Stripe and Visa, went live on Wednesday, its opera...
BlackRock, Google-backed Open Standard launches OUSD stablecoin on four blockchains
Stripe's adoption of OUSD could reshape business payments by promoting shared economic benefits and enhancing cross-border transac...
BTCS Prepares DeFi Business To Provide Liquidity For Tokenized Stocks
TL;DR BTCS says its Imperium DeFi unit has completed preparatory compliance steps for potential use of the SEC’s Covered Firm exem...