- SEC confirms that DePin symbols, such as 2Z, are not securities under American law
- The symbols are seen as bonuses of infrastructure, not speculative investment assets
- During the Trump era, the organizers give the priority to the digital assets in the SEC-CFTC format
Depin Tokens has received clear regulatory guidelines this week after the US Securities and Stock Exchange Committee confirmed that it is not securities under federal law. Rare letter It was released on September 29, and SEC stated that it will not continue enforcement against the planned transport operations of the Definzero from the distinctive code 2Z.
SEC explains the case of DePin symbols
SEC’s Foundation’s Financing Department issued a letter of non -taking after a legal submission foot On September 25 by Doublezero Adviser. The deposit explained that 2Z works as a reward for shareholders instead of speculative investment. After the review, SEC concluded that the arrangement does not fall within the laws of securities.
Commissioner Hyster Pierce support resolutionAnd writing that differs from the distinctive DePin codes from the traditional donations collection mechanisms. She stated that these symbols are distributed as compensation for the services provided, and not as equality or claims for profits. The statement confirmed that the Howy Test, which traditionally directs securities categories, is very bad with structures. The Securities and Stock Exchange Authority confirmed that “the economic reality of DePin projects is mainly different from the capital collection transactions that Congress accused of this committee of organizing.”
Infutments to participate in infrastructure
Defounzero works, the Cayman Islands Foundation, works Blockchain network Designed to coordinate infrastructure contributions in the real world. Participants provide resources such as Wi-Fi or Dashcams, storage units or renewable power devices. On the other hand, they receive 2Z symbols when others use their services.
The company’s file described two types of distributions. First, the distinctive symbols are allocated to service providers to ensure a high -performance connection. Second, symbols are given to resource providers who are calculated and achieved from payments for these services. According to Commissioner Peres, the classification of these distributions such as securities would slow down the innovation in the development of infrastructure. At the time of the announcement, the common market value of DePin symbols was $ 33 billion, according to Coinmarketca data.
Organizational coordination under the Trump administration
The issuance of the issuance of a non -movement with a joint round table between the Supreme Education Council and the Justice Contracts Trading Committee coincided with commodity. SEC Paul Atkins President I mentioned Digital assets are the number one organizational priority in the Trump administration. Organizers are now focusing on coordination instead of repeating control responsibilities.
Austin Vidira, co -founder of the leadership of the previous Solana Foundation’s strategy, said that the decision of the Supreme Education Council indicates that cooperation with the organizers is still possible while maintaining growth. Depin Tokens provides one of the clearest policy signals so far from American organizers, providing a framework for non -central infrastructure projects operating throughout the country.
