In brief
- The SEC has granted no-action relief stating it will not recommend enforcement if Fuse offers and sells its ENERGY token without registration, provided the company follows the structure in its November 19 submission.
- The agency has emphasized that its position depends on Fuse maintaining the facts and conditions described in its filing.
- Fuse said the decision follows months of engagement with the SEC in a win for U.S. crypto clarity.
Fuse Crypto Limited, an energy-technology company that operates distributed-energy programs across the U.S. and Europe, received a key regulatory boost on Monday after the SEC said it would not pursue enforcement over the firm’s planned rewards token.
In a response to Fuse’s November 19
Nov 25 2025
