3-17
OpenSea delays $SEA token launch and introduces 0% fees plus rewards changes from 31 March
OpenSea has postponed the long-anticipated launch of its $SEA token, with CEO Devin Finzer citing difficult crypto market conditions and the need to avoid a rushed rollout. From 31 March, the platform will introduce 0% trading fees for 60 days, refund fees for users in Rewards Waves 3–6 in exchange for their "Treasures" points, and retire its Waves rewards system in favor of a clearer roadmap. The decision comes as the NFT market cap hovers near $1.75 billion with modest trading volumes and liquidity concentrated in a few leading collections.
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3-17
3-17
Beba and DeFi Education Fund Drop 2024 SEC Airdrop Lawsuit After Signs of Softer Crypto Stance
Texas-based apparel firm Beba and the DeFi Education Fund have moved to voluntarily dismiss their 2024 lawsuit against the US SEC over the treatment of free token airdrops. The case was withdrawn without prejudice, allowing them to revive the challenge if future SEC guidance on airdrops proves lacking. The filing points to work by the SEC Crypto Task Force, speeches from Commissioner Hester Peirce, and a recent White House directive as evidence of a changing regulatory approach.
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3-17
3-17
Playnance Rolls Out GCOIN Staking on PlayW3 as Users Lock 250M Tokens Before March 18 Event
On March 16, 2026, Playnance launched its GCOIN Staking program on PlayW3, enabling GCOIN holders to lock tokens and earn ecosystem-based rewards. Within hours of going live, over 250 million GCOIN were staked across smart-contract pools offering lockup periods of 6, 9, 12, and 18 months, each with different reward weights. The initiative is designed to support long-term participation and sustainability of the GCOIN token economy ahead of the token generation event scheduled for March 18.
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WhiteBIT Selected on March 16, 2026 for Ghana's Crypto Regulatory Sandbox Expansion into Africa
On March 16, 2026 in Vilnius, Lithuania, WhiteBIT announced it was chosen as one of 11 firms to join Ghana's new crypto regulatory sandbox. The program, led by the Ghana Securities and Exchange Commission and the Bank of Ghana, will test regulated digital asset trading as the country implements its Virtual Asset Service Providers Bill. WhiteBIT views this as a key step in its African expansion, engaging with regulators in a market where millions of adults already use cryptocurrencies.
3-17
3-17
OpenSea delays March 30 SEA token debut amid crypto market downturn and NFT slump
Nonfungible token marketplace OpenSea has postponed the March 30 launch of its SEA token, saying current crypto conditions are too difficult and the token is not ready. The token, first unveiled in October as part of a shift toward a multi-chain "trade everything" app, was meant to power fee discounts, creator rewards and governance. OpenSea is ending its Waves rewards campaign and offering certain users fee refunds as the broader NFT market cap has dropped from $3.2 billion on Jan. 15 to $1.62 billion.
3-17
3-17
SEC Commissioner Hester Peirce urges tokenization-focused firms to engage directly with regulators
SEC Commissioner Hester Peirce told CNBC that companies developing tokenized instruments and new exchange-traded products should proactively discuss their plans with regulators. She reiterated that the SEC does not judge whether products are good or bad investments, but instead focuses on legal compliance, leverage limits, disclosures, and the operational and technical issues that arise as tokenization experiments expand.
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