The U.S. Securities and Exchange Commission (SEC) has officially concluded its investigations into Immutable, as announced by the company on Tuesday. This development marks a significant moment for Immutable, potentially alleviating some regulatory pressure. However, the broader market sentiment remains cautious. The closure of this investigation does not necessarily signal a shift in the SEC's stringent stance on the cryptocurrency industry. Regulatory scrutiny continues to pose challenges for other blockchain entities, contributing to an overall pessimistic outlook for the sector.