SEC Approves Token Distribution for DePIN Project

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Doublezero manages the fiber network infrastructure that connects Blockchain operators through irresponsible special links.

The Securities and Stock Exchange Committee issued instructions stating that it will not follow its enforcement against Doublezero in relation to the distribution of the distinctive code 2Z.

Foundation Finance Department Delivery The non -movement discourse that determines that the transfers of the programmed symbol that were conducted as shown by Doublezero fall outside the priorities of implementation. The available relief 2Z avoids registration as a safety category.

Doublezero manages the fiber network infrastructure that connects Blockchain operators through irresponsible special links. The system aims to provide faster directive compared to standard general Internet paths.

Commissioner Hester Pearce I mentioned The decision explains how the Securities and Stock Exchange Committee can support innovation while respecting the states of Congress. She emphasized that the agency was created to oversee the stock markets instead of organizing all economic activity.

PEIRCE described DePin initiatives as coordination projects to provide infrastructure in the real world through distributed systems. The symbols act as compensation for the work that is implemented instead of investment vehicles under Securities Law frameworks.

Austin Vidira, who participated in the founding of Defounzero, The name The results evidence that American creators can cooperate with organizers while maintaining the momentum of development. Acknowledgment of a $ 2Z interesting function creates space for the compatible local innovation.

Organizational clarity with Definezero set up to launch Mainnet-Beta, expected within days. The project received $ 28 million in March through a symbolic tour led by Multicoin Capital and Dragonfly Capital.

The Foundation described the decision as an important milestone after a four -month review process. The guidance proves that the functional symbols associated with the infrastructure participation differ from the mechanisms of traditional donations.

Pierce noted that processing symbols like securities would hinder the development of distributed service networks. The agency’s position allows the infrastructure builders to focus on technical development rather than compliance with securities.

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