SEC pulls the status of Mana and Sand into question and raises charges against Binance for violation of crypto resource protection measures

Die SEC, die US-amerikanische Wertpapier- und Börsenkommission, behauptet, dass die Kryptowährungen MANA und SAND Wertpapiere sind. Diese Behauptung hat einige Bedenken hervorgerufen, da sie Auswirkungen auf die Metaverse-Geschenke haben könnte. Die SEC hat kürzlich eine Klage gegen Binance eingereicht, in der sie behauptet, dass der Austausch weiterhin Krypto-Assets unterstützt, obwohl er gesetzlichen Richtlinien nicht nachkommt. Die SEC führt den anhaltenden Austausch von TRX, der Kryptowährung von Tron, und die von Augur bereitgestellte Wiederholung als Beispiele dafür an, dass Binance seine Aktivitäten missachtet. Diese Aussagen und die Präsentation beliebter Metaverse-Systeme als Beispiele könnten auch andere Substitutionen dazu veranlassen, sie in Frage …
The SEC, the US security and stock exchange commission, claims that the cryptocurrencies are Mana and Sand securities. This claim has caused some concerns because it could have an impact on the meta-verse gifts. The SEC recently filed a lawsuit against Binance in which it claims that the exchange continues to support crypto-assets, although it does not meet legal guidelines. The SEC leads the continued exchange of Trx, the cryptocurrency of Tron, and the repetition provided by Augur as examples that Binance disregards its activities. These statements and the presentation of popular meta-verse systems as examples could also cause other substitutions to question them ... (Symbolbild/KNAT)

SEC pulls the status of Mana and Sand into question and raises charges against Binance for violation of crypto resource protection measures

The SEC, the US security and stock exchange commission, claims that the cryptocurrencies are mana and sand securities. This claim has caused some concerns because it could have an impact on the meta-verse gifts. The SEC recently filed a lawsuit against Binance in which it claims that the exchange continues to support crypto-assets, although it does not meet legal guidelines.

The SEC leads the continued exchange of Trx, the cryptocurrency of Tron, and the repetition provided by Augur as examples that Binance disregards its activities. These statements and the presentation of popular meta-verse systems as examples could also cause other substitutions to question them.

However, it is important to note that the SEC complaint against Binance is currently still being negotiated in court. It remains to be seen how this case will end. Nevertheless, the only fact that companies are targeted by the regulatory authorities in the meta -verse, slow down the urgently needed development and bind funds for legal fees.

There are currently several challenges that slow down the introduction of meta verse. On the one hand, the effects of the 2022 crypto winter are still noticeable. The prices for meta-verse gifts have dropped by more than 80 % compared to the maximum stalls in 2021. Mana, for example, fell from $ 5.2 in 2021 to $ 0.47, while sand has lost more than 90 % since its start and fell from $ 0.53 to $ 5.

This drop in prices in Metaverse token went hand in hand with a strong increase in activity in the area of ​​non-funny tokens (NFT). NFTs are of crucial importance for metavers because they can represent unique tradable gifts. In addition, current dapps that support metavers are often inconsistent and it is difficult to port resources between different digital worlds.

It was also found that legal regulations are no longer sufficient to provide developers in the way it is possible to comply with regulations when it comes to electronic gifts. In addition, the availability of components such as virtual reality glasses (VR) are problematic because they are expensive and large, while augmented reality glasses (AR) are still under development.

It remains to be seen how the legal challenges and the development of the meta verse will develop. The SEC's claims against Mana and Sand could have an impact on the industry and show that greater regulation could be necessary to reduce the potential risks for investors.