The Immutable (IMX) price surged 8.05% to $0.6785 after the SEC dropped its investigation. Market cap rose to $1.21B, with a 24-hour trading volume up 118.36% to $120.59M.
IMX token jumps after the SEC ends enforcement threats against Immutable. Plus the U.S. FDIC drops "reputational risk" banking discrimination against crypto firms and Fidelity Investments develops its own stablecoin.
On March 25, the US Securities and Exchange Commission (SEC) officially concluded its investigation into Immutable, an Australian Web3 gaming company, marking the end of a significant period of uncertainty for the firm.
Bitso Business, an arm of the Mexican crypto exchange Bitso, will launch a Mexican peso-pegged stablecoin on the Ethereum layer-2 network Arbitrum.The stablecoin, MXNB, will be issued and managed by Bitso's newly established subsidiary Juno and will be fully fiat-backed by Mexican pesos on a one-to-one basis, Bitso Business said in a March 26 statement. Bitso Business' head of stablecoins, Ben Reid, said a primary use case for MXNB could be to promote foreign investment and trade in Latin American economies by providing a more “efficient way” to do business compared to traditional finance infrastructure.
The SEC has ended its investigation into Web3 gaming firm Immutable with no findings of wrongdoing, marking another dropped crypto probe amid the regulator's shifting stance on enforcement.
On Tuesday, crypto company Immutable announced that the US Securities and Exchange Commission (SEC) has officially closed its inquiry into the company and its associated parties. This comes after the SEC previously issued a Wells notice, which signaled its intention to pursue legal action against Immutable for alleged violations of securities laws.
The crypto market continued to increase over the past 24 hours, rising almost 1% to $2.86 trillion as it inches towards the $3 trillion mark. Bitcoin (BTC) saw a marginal rebound as it went from $86,380 to $88,447 before declining to its current level.
The SEC concludes its investigation into Immutable after five months, marking a significant win for crypto gaming.
Immutable's IMX token rallied 15% to $0.737 after the US SEC dropped its investigation, with daily trading volume by 120% to over $120 million.
The SEC has dropped its investigation into Immutable with no charges. Immutable supports clear regulations to foster blockchain innovation.
SEC ends investigation into Immutable, sparking a 15% surge in IMX token price as the agency continues its retreat from aggressive crypto enforcement under new leadership.
The Securities and Exchange Commission (SEC) of the USA has officially dropped the investigations into Immutable, the crypto gaming company. The co-founder of Immutable, Robbie Ferguson, specifies that no enforcement action has been taken and now expresses excitement about really accelerating in the Web3 game. The Securities and Exchange Commission (SEC) of the USA has officially dropped the investigations into the crypto gaming company Immutable.
The US Securities and Exchange Commission (SEC) has officially closed its investigation into Immutable (IMX), a blockchain-based gaming platform.
The token tied to the crypto gaming giant Immutable surged 15% in the hours after it announced that the US Securities and Exchange Commission closed its investigation into the firm and would take no further action.The Immutable (IMX) token rose around 15% on March 25 to reach just under $0.74 shortly after the firm announced that the SEC shut its inquiry without any breach of violations, which Immutable said closed “the loop on the Wells notice issued by the SEC last year.” IMX matched crypto market downtrend It is the highest price that IMX has reached since March 3, before a broader market decline — driven by prolonged uncertainty over US President Donald Trump's tariffs and US interest rates — pushed it down to $0.46 on March 11.
The SEC has closed its investigation into Immutable without taking action—a move the company hailed as a victory for digital ownership and Web3 gaming. The post SEC Winds Down Another Crypto Probe, With Web3 Firm Immutable Now Off the Hook appeared first on Cryptonews.
The U.S. Securities and Exchange Commission (SEC) has dropped its investigation into Web3 gaming platform Immutable, the company announced Tuesday. This decision follows a Wells notice sent to Immutable in November, signaling potential enforcement over its 2021 listing and private sale of its native IMX token.
The U.S. Securities and Exchange Commission has officially closed its investigation into Australlian crypto-gaming firm Immutable. According to a statement from the company on Mar.
Immutable, a leading Web3 gaming company, announced that the U.S. Securities and Exchange Commission (SEC) has formally closed its investigations into the company and related parties without any findings of wrongdoing or further action.
The US Securities and Exchange Commission has formally closed its investigation into Australian web3 gaming firm Immutable, the company announced on March 25.
The U.S. Securities and Exchange Commission (SEC) dropped its investigation into Web3 gaming firm Immutable on Tuesday, declining to pursue charges related to its 2021 IMX token sales. This development mirrors a sequence of regulatory about-faces, specifically reflecting enforcement efforts launched under the Biden administration.
The U.S. SEC has closed yet another investigation into a crypto firm, this time an investigation it lodged against crypto company Immutable.
The US Securities and Exchange Commission (SEC) has decided to drop its investigation into gaming protocol Immutable. The platform revealed in a post on X that the market regulator will take no further action, ending its legal challenges in the United States.
Web3 gaming platform Immutable says the US Securities and Exchange Commission has closed its investigation into the company, clearing it of any further action. Immutable — the firm behind the Ethereum layer-2 ImmutableX — said in a March 25 statement that the SEC shut its inquiry into the firm without finding wrongdoing and “closes the loop on the Wells notice issued by the SEC last year.
The Australian crypto company disclosed it had received a Wells notice from the U.S. SEC last November.
Luke Barwikowski, founder of the pixelated MMORPG Pixels on Ronin, has revealed that he's received repeated death threats against himself and his family because of his role in the crypto gaming industry.
Sam Altman's Worldcoin is allegedly discussing options to join forces with Visa. The goal is to develop the World wallet into a full-blown financial service.
Aptos, a top layer-1 network, is showing resilience even as its token hovers near its lowest level since 2023. The Aptos (APT) token was trading at $5.90 on Tuesday, slightly above the year-to-date low of $4.60.
Arbitrum DAO is reportedly reconsidering its Gaming Catalyst Program (GCP), potentially reclaiming 225 million tokens. The Gaming Catalyst Program aimed to cement Arbitrum's status as a powerhouse in on-chain gaming.
The proposed World Wallet will integrate stablecoin payments and on-chain card features. This will allow users to make payments across Visa's global network.
Members of the Arbitrum DAO are actively debating whether to revoke funds previously allocated to its gaming ecosystem initiative. The post Arbitrum DAO Debates Revoking Gaming Fund Over Lack of Progress appeared first on Cryptonews.
WLD potential partnership with VISA could revolutionize stablecoin payments. If successful, it may drive adoption, enhance WLD's value, and reshape the crypto-finance landscape.
Members of Arbitrum's decentralized autonomous organization (DAO) are discussing a potential clawback of funds allocated to build a gaming ecosystem on the network, citing a lack of progress and transparency. On March 24, DAO member Nathan van der Heyden submitted a proposal calling for the recovery of unused funds allocated to the Arbitrum Gaming Catalyst Program (GCP).
The STRF sale is scheduled to close later on Tuesday, with Strategy raising approximately $711 million in net proceeds.
The GCP was approved during a period of exceptionally optimistic projections that, in hindsight, proved unsustainable, the authors argue.
Worldcoin's price has surged by 10% as discussions between its parent company, World Network, and payment giant Visa take center stage. The potential collaboration could significantly reshape the landscape of digital payments, allowing users to make stablecoin payments through Visa's expansive network.
Sam Altman's World Network is allegedly in discussions with Visa to integrate stablecoin payment capabilities into its self-custody crypto wallet, according to an unnamed source speaking with Coindesk's Ian Allison. This collaboration aims to incorporate Visa card functionality into World Network wallets, enabling users to conduct stablecoin transactions with merchants across Visa's global network.
According to reports, World Network is in talks with Visa to launch a new stablecoin wallet. This would integrate crypto-native features into Visa's massive customer base.
World Network, the organization co-founded by Sam Altman that is part of the blockchain-based ecosystem that includes Worldcoin, is reportedly in talks with Visa to add on-chain card features to the organization's self-custody cryptocurrency wallet.
The potential partnership could revolutionize digital finance by integrating crypto with traditional payment systems, enhancing global accessibility. The post OpenAI CEO's World Network eyes partnership with Visa to integrate card features into self-custody crypto wallet appeared first on Crypto Briefing.
Sam Altman's cryptocurrency project World Network is in talks with payments giant Visa for a stablecoin payments wallet, CoinDesk reported on Monday citing a person familiar with the plans.
The move will make World Wallet into a "mini bank account" for anyone who wants it, according to a person familiar with the plans.
Despite increased sales volume, Immutable saw a decline in both daily sellers and buyers which points to a higher transaction values and fewer participants.
Base and Arbitrum are the leading layer-2 (L2) blockchains by on-chain activities and revenue generation.
DogLibre has partnered with Immutable to merge dog rescuing, blockchain gaming, and AI-powered transparency. The post Immutable zkEVM and DogLibre Join Hands in Dog Rescue Efforts appeared first on Cryptonews.
The crypto market rallied after the Federal Reserve decided to keep interest rates unchanged between 4.25% and 4.50% after the Federal Open Market Committee (FOMC) meeting. The Federal Reserve also stated it sees two rate cuts coming in 2025.
Aptos now ranks as the fourth-largest blockchain by daily active users, with surging stablecoin trading volume and growing DEX sector.
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