<ul><li>The U.S. Securities and Exchange Commission (SEC) has closed its investigation into Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) NFT collection.</li><li>The SEC's decision marks a victory for the NFT industry and signifies a shift in the regulatory approach to the crypto industry.</li><li>Yuga Labs' NFTs and ApeCoin token were under scrutiny to determine if they violated securities laws.</li><li>The SEC's decision has led to a brief price rise for Bored Ape NFTs on OpenSea.</li></ul>

Victory for NFTs: SEC Drops Investigation Into Yuga Labs

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