SEC removed DePIN tokens from its control

SEC removed DePIN tokens from its control

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second He explained that he does not intend to take action against symbols related to decentralized material infrastructure networks (Dimine) Work on Blockchain.

In a letter not to be published on Monday, the chief legal advisor in the Ministry of Finance SEC, Michael CemanHe stated that the committee will not recommend to start procedures against Doublezero The project, which plans to launch its DePin code.

Separately, SEC Commissioner Hyster Peres He pointed out that “the economic essence of DePin projects is essential to capital raising plans that Congress allowed us to organize.”

Such a message from second rare. Another example of how to reduce the agency is to pressure the encryption market in the Trump administration, which focuses on simplifying the rules to attract companies and projects to the United States.

Doublezero is not safe

according to Michael CemanThe symbolic distribution data it provides Doublezero Foundation Registration is not required by the US Securities Law. He also pointed out that 2z The distinctive symbol has not been recorded as a stock asset category.

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In their message, Doublezero The team explained that the project protocol allows Blockchain systems to connect to the unexploited private fiber lines managed by different participants. These participants will receive and transfer 2z Symbols as part of the network process.

“This is not just an important step for Definzero. It is evidence that American founders and innovators can work with the organizers, achieve clarity, and still move quickly,” said Austin Vidrara, one of the project’s founders, who previously held the position of head of the strategy at the Solana Foundation.

Legal Adviser Doublezero Marie Tomonin He added that the message is from second Emphasize that the release of the distinctive symbol is very possible. According to her, if the distinctive symbol value is created through the actions of the participants in the network, the Howe’s base will not apply here.

SEC will not control “all economic activity”

Hyster Peres He believes that second The speech is a good reason to reconsider the role of the organizers and remind ourselves where the limits of their influence lie.

She said, “Congress did not create the Supreme Education Council to interfere in all areas of the economy. Its function is to supervise the stock markets.”

This developer approach gives the opportunity to focus on building the real infrastructure, rather than dealing with legal complications.

Trying to organize distinctive symbols can suffocate the market

Hyster Peres Make up DePin symbols It is a working tool to stimulate the development of infrastructure networks. They are not like stocks and do not promise profits from the efforts of another person.

“Such symbols are released for specific work or services. These are not investments as you expect someone else to do everything for you,” she confirmed.

According to them, if such projects are classified as securities, this may slow the development of decentralized services seriously and intimidate the participants.

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PEIRCE also added that Blockchain will not be able to develop freely if everything is forced into the framework of the old financial model.

It seems that investors have been ignored second statement. according to Co Ringeckoand DePin sector Icon 2 % During the past day.

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