The SEC’s No-Action Letter on DePIN Tokens: A New Age for Crypto Compliance
The SEC has issued a no-action letter for DePIN tokens. This has the potential to change the game for crypto compliance. It seems we are finally getting a glimpse of a future where clarity and regulation can coexist with innovation. The lines between utility and securities are starting to blur, and it raises questions about the future for investors and startups.
What are DePIN Tokens and Why Should We Care?
Decentralized Physical Infrastructure Networks (DePIN) tokens are positioned to incentivize active participation in network infrastructure. The SEC’s no-action letter for DoubleZero’s 2Z token confirms that it is not classified as a security, which is a major win for crypto-friendly business banks. This is a crucial piece of…
