Animoca Brands Shifts Focus From U.S. After SEC Labels SAND Token A Security

Crypto News: Animoca Brands, a Hong Kong-based blockchain unicorn, has announced a strategic shift towards global markets after the crypto market witnessed a number of lawsuits from the Securities and Exchange Commission (SEC). The SEC recently labeled Animoca’s SAND cryptocurrency as an unregistered security while targeting exchanges such as Binance and Coinbase Global.