A U.S. court has determined that Bored Ape NFTs and ApeCoin do not qualify as securities under federal law. This ruling provides clarity for the popular NFT collection and its associated cryptocurrency, potentially influencing how similar digital assets are regulated in the future. The decision marks a significant moment in the ongoing discussion about the classification of digital assets within the legal framework.
U.S. Court Rules Bored Ape NFTs and ApeCoin Not Securities
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