As soon as a gamer cashes out an in-game asset, they realize monetary value, which is where the problem with the Securities and Exchange Commission comes in.
Source: https://cointelegraph.com/app/public/index.php/news/blockchain-game-shrapnel-restrict-us-players-fearing-securities-laws
Shrapnel Web3 shooter won’t let US users cash out, thanks to Gensler
