Nifty News: Yuga cuts non-royalty markets, South Korea to discuss NFTs with Gary Gensler

The article discusses Yuga Labs’ decision to remove some of its NFT collections from marketplaces that do not support creator royalties. The company, known for creating the Bored Ape Yacht Club NFT collection, made this move in an effort to prioritize the importance of compensating creators for their work in the expanding NFT space.

**Highlights of the article:**

1. **Yuga Labs’ Stance on Creator Royalties:** Yuga Labs has taken a stand by removing some of its NFT collections from marketplaces that do not prioritize creator royalties. This action reflects the company’s commitment to supporting and compensating creators in the NFT space.


Editorial content by Charlie Davis