
The US Securities and Stock Exchange Committee indicated that it will not take enforcement measures against symbols associated with the Blockchain (DePin).
Not to perform letter On Monday, Michael Ceman, SEC’s chief consultant at SEC, said that he “will not recommend enforcement procedures” to the Securities and Stock Exchange Committee to launch the distinctive symbol planned for the DePin Doublezero project.
SEC Hyster Persis Commissioner Separate Add “The economic reality of DePin projects is mainly different from capital collection transactions. Congress accused this committee of organization.”
The non -movement non -movement discourse from the Supreme Education Council is the latest example of the agency for the decline in the enforcement of encryption under the Trump administration, which promised to eliminate organizational to attract companies and projects to the United States.
Doublezero code is not safe
SEC Bahar said that the code is that Doublezero detailed In a message on Thursday, registration does not require registration under the laws of US Securities, and the distinctive code planned 2Z is registered as “a category of stocks for shares.”
In her message, Definezero stated that its protocol enables Blockchain systems to reach “unified fiber links” managed by various shareholders. Participants in the network will be presented and sold the distinctive code 2Z.
“This is more than just a teacher for Definzero – It is evidence that our founders and innovators can work with organizers to achieve clarity, and they still move quickly,” He said Austin Vidira, co -founder of Definzero and leading the previous Solana Strategy.
“There is a way to launch a symbolic symbol. When the value of the distinctive symbol comes from the work of other participants in the network, how do you simply apply.”
It will not “organize all economic activity”
PEIRCE from SEC said that the Naqa discourse “provides an opportunity to think about how to enhance us, as organizers, to innovate without expanding our reaching far beyond what Congress imposed.”
“Congress has established the Securities and Stock Exchange Committee to oversee the stock markets, not to organize all economic activity.”
She added that the agency’s position allows the infrastructure providers to “spend their time in the depths of building infrastructure, and not in analyzing the nuances of securities laws.”
Related to: American organizers reject the SEC-CFTC inclusion, and the transfer to dispel “FUD”
Depin sokens suppress the market
Pierce said that Deepin symbols “are functional incentives designed to encourage the building of the infrastructure” and do not participate in the company, and are not promised by profits from the effort of others who see them captured according to the laws of securities.
“These projects allocate distinctive symbols as compensation for work or services provided, instead of investments with a profit from the efforts made or administrative to others,” she explained.
“Dealing with such symbols as securities suppress the growth of distributed service providers networks.”
Pierce said that Blockchain technology cannot reach its full potential if the organizers “force all activities on the regulatory frameworks in the current financial market.”
It seems that DePin Tokens did not respond to the SEC decision, with Coingecko Show The symbols associated with the market sector lost 2 % last day.
magazine: Could Rubenol or really decentralized shares be?
The post SEC Rare No-Action Letter Clears Crypto DePIN Tokens first appeared on Investorempires.com.