Magic Eden Introduces Exclusive US Domain, Segregating NFT Services in US
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
Leading non-fungible token (NFT) marketplace Magic Eden has unveiled plans to launch a separate domain exclusively for its U.S. users.
In a recent post on X, the platform said it will offer U.S.-based services through a dedicated domain, while the platform’s international .io site will continue introducing new features and innovations.
The decision to segregate U.S. services likely stems from increasing regulatory scrutiny in the country.
Magic Eden’s move may be a preventive step in response to recent actions by the U.S. Securities and Exchange Commission (SEC), including a Wells notice sent to the NFT marketplace OpenSea.
The move also sparked a backlash from the crypto community, with many voicing concerns over the segregation of services.
Several users took to social media, particularly on X (formerly Twitter), to express frustration over the limitations the new U.S.-exclusive domain may impose.
Among the concerns is the fact that certain features, such as airdrops, will no longer be available to U.S. residents.
Critics claim that this shift represents a form of restriction for U.S. users, with some arguing that Magic Eden is becoming too centralized.
One user remarked that the platform was effectively barring U.S. users from participating fully in the NFT market, impacting their ability to make money.
“In other words we are about to restrict everyone in the USA from using our services & making money since we are a centralized entity,” one user wrote.
In other words we are about to restrict everyone in the USA from using our
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