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An SEC overhaul was one of the crypto industry’s major expectations upon lobbying for — and ultimately achieving — an administration change.

While the Trump-Zelensky meeting fallout, the president’s crypto reserve announcement and tariffs have commanded headlines in recent days, the US securities regulator continues to share industry-changing news.

The latest development? The SEC closed its investigation into Yuga Labs, which the company called “a huge win for NFTs” in a Tuesday tweet. It added succinctly: “NFTs are not securities.”

Let’s map out the many other SEC…

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