Court Rules BAYC NFTs and ApeCoin Are Not Securities

The post Court Rules BAYC NFTs and ApeCoin Are Not Securities appeared first on Coinpedia Fintech News
A federal judge in California has dismissed an investor lawsuit against Yuga Labs, stating that Bored Ape Yacht Club NFTs and ApeCoin don’t qualify as securities. The court determined that the plaintiffs failed to meet the Howey test’s criteria. It concluded that BAYC NFTs serve as digital collectibles offering community access and membership perks, not as investment vehicles.

Why Floki Inu Price Is Up Today?
The post Why Floki Inu Price Is Up Today? appeared first on Coinpedia Fintech NewsFloki price is ba...

Altcoin Season Has Started: 6 Reasons October Is the Last Chance to Buy
The post Altcoin Season Has Started: 6 Reasons October Is the Last Chance to Buy appeared first on C...

HYPE surges to $60, as XRP Eyes New ATH – Traders Doubled Down On Digitap Amid 50X Price Forecasts
The post HYPE surges to $60, as XRP Eyes New ATH – Traders Doubled Down On Digitap Amid 50X Price Fo...