The US Securities and Exchange Commission has formally conducted its research into the Australian Web3 gender company unchangeable, the company announced on March 25.
Inventional, known for its Ethereum-based gaming infrastructure and native IMX token, revealed that in November 2024 it had received a wells knowledge of the SEC-an indication that the agency considered enforcement action.
The company believed that the research was related to the offer of the token and the early sales, which date from 2021. Now that the investigation fell and no charges were lodged, the decision called the decision a step forward for regulatory clarity in the blockchain gaming sector.
The aim is to bring blockchain-based ownership to the global gaming market, said that it is planning to accelerate its expansion now that the regulatory uncertainty has been lifted.
Series of closures
The closure of the case contributes to a growing list of enforcement efforts that have been withdrawn or stopped under the perception chair of the SEC, Mark Uyeda.
Since he took course in January, Uyeda has supervised the dissolution of various high -profile probes, since the agency is tuned from the aggressive enforcement strategy used during the office of Gary Gender.
In recent weeks, studies into other large crypto companies – including Gemini, Robinhood, OpenSea and Yuga Labs – have also been closed. In the meantime, legal actions in which companies such as Coinbase, Ripple and Kraken are involved, rejected or paused.
The SEC has also set up a new crypto task force under the leadership of Commissioner Hester Peirce, an old advocate for clearer crypto guidelines.
The initiative is part of a broader effort to enter into the industry and traditional formal regulations instead of trusting enforcement as a primary tool.
Task Force
Since the launch in January, the Crypto Task Force has chosen a more joint and transparent approach to crypto regulation.
The Task Force has organized a series of public round tables on core issues such as digital asset classification, crypto trading platforms, detention solutions, tokenization and decentralized finances.
It has also requested active input from stakeholders in the industry, including a formal entry from Ripple who argues for clear, predictable criteria to determine whether a digital active is eligible as security.
The efforts of the Task Force indicate a broader shift into structured regulations aimed at providing regulatory clarity and at the same time support innovation in the digital assets space.
The evolving attitude of the SEC comes in the midst of a broader re-evaluation of crypto supervision in Washington, partly fed by policy shifts under the Trump government.