The US Securities and Stock Exchange Commission issued a “non -action” letter to Doublezero on Monday, actually blessing the project’s 2Z code days before it appeared for the first time on Solana.
In a statementThe committee said it “will not recommend [an] Enforcement measures “against Doublezero, which was established last year, and builds a high -performance optical fiber network for Blockchain while using distinctive symbols to motivate participants.
The letter of two paragraphs indicated that based on its understanding of Doublezero, the project 2Z code is not similar to securities. This was the first time that the Securities and Stock Exchange Commission had been held for years for years, after a campaign against currency exporters under the previous leadership.
Less than a week ago, Doublezero presented a 17 -page report letter To the committee, to ask her to express her opinion on “automatic transfers” for users participating in the network.
Former head of the Securities and Stock Exchange Gary Ginserner once Proposal That “everything except bitcoin” is a guarantee in the world of encrypted currencies, but the last step of the agency indicates that it believes that 2Z does not fall within the scope of its jurisdiction, according to Jack Graves, a professor at the Faculty of Law at the University of Cereakios.
“It is, in fact, it creates a safe haven based on a assumed group of facts,” Griffs said. Decoder. “It allows everyone to work with more clarity.”
It is expected that the Doublezero’s main network on Friday will be operated on Friday. It is scheduled that users who contribute to the resources in the network will receive 2Z as a reward, with regard to their performance and timing. Ultimate Website.
The project was co -founded by Austin Fedira, who previously worked as head of the strategy at the Solana Foundation. In a statementHe said that the decision “represents a major milestone in the American digital assets industry” because it supports the Speech of the Securities and Exchange Commission on taking a more cooperative position.
“This is not only important for one company, but it is a kind of legal clarity and certainty that we need to unleash a wave of innovation via decentralized networks,” said Miller Whitehaus Levin, CEO of the Solana Policy Institute. Decoder. “Non -taking letters are a practical bridge between construction companies and organizers.”
Doublezero itself is a decentralized material infrastructure network, located under an umbrella Dimine. The concept revolves around the use of Blockchain to operate and maintain decentralized networks of physical devices, such as sensors.
In a statementThe Securities and Stock Exchange Commissioner, Hester Pearce, who is at the heart of efforts at the commission level to update the rules of securities, described the way the DEPIN projects are used as distinct as distinct compared to the assets that they usually organize.
