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The feds are coming for the metaverse — from Axie Infinity to Bored Apes

NFTs in the metaverse should generally be considered securities, but developers have been slow to recognize that fact. Expect a regulatory reckoning to come swiftly for Axie Infinity, Bored Apes, and other projects that have thrown caution to the wind.

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Author: Cointelegraph By Huy Nguyen

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