SEC Clears Path for DePIN Tokens with Rare No-Action Letter
Quick breakdown SEC no-action letter shields DoubleZero’s 2Z token from enforcement. Commissioner Peirce emphasizes DePIN tokens are incentives, not securities. Market response muted, with DePIN tokens slipping 2% despite clarity. The U.S. Securities and Exchange Commission (SEC) has indicated it will not pursue enforcement actions against tokens tied to ...
