Even before the arrival of President Donald Trump and his friend’s encoding organizers, the US Securities and Stock Exchange Committee had a lawyer, Commissioner Hyster Peres, who claims that this week’s decision to grant Definzero a not called a verification letter It represents the type of space that she wanted to present for a long time Blockchain efforts.
the SEC employees agreed to Startup request The agency will not follow any complaints of symbols issued for the targets specified for the decentralized physical infrastructure network in Definzero (DePin). Commissioner Peres suggested that this open door for DePin efforts keeps SEC out of work should not be in it.
“Instead of relying on the structures of the central companies to coordinate the activity, the recruitment of the participating projects to provide capabilities in the real world, such as storage or the frequency range of communications, maps or energy, through open and distributed networks,” she said in a statement. The activity does not lead to the Howy Test of the Supreme Court – the test that decides what falls within the SEC jurisdiction – because such projects “allocate symbols as compensation for work or services provided, instead of investments with the expectation of profit from the pioneer in the efforts made to others.”
SEC uses messages without taking action to clarify activities that you do not intend to follow up on enforcement procedures, so that a message to one company can refer to a full space what is the current position of the agency. But to reap the benefits, the activity must remain strictly within the boundaries shown in the SEC message.
“The line between symbols and the stock law becomes more clear,” Austin Vidira, co -founder of Definzero, said in a statement to Coindesk. “The founders who spent countless hours (and the legal dollar) can now focus on building.”
Doublezero has sought to stimulate infrastructure providers for network connection, such as large technology companies that control surplus fiber networks, by compensating them with symbols – in this case, the original in the protocol.
Pierce said: “Dealing with such symbols, such as securities, would suppress the growth of the networks of service providers.” “Blockchain technology cannot reach its full potential if we force all activities on the organizational frameworks of the current financial market.”
The agency’s work attracted defenders of decentralized financing advocates (Defi). “Non -movement speeches are one of the most pragmatic tools for navigation in the event of an organizational uncertainty in encryption, and the SEC version of non -movement letters indicates that constructive participation with organizational organizations is possible.” Publishing the blog by Doublezero.
SEC follows an aggressive path of Carbouto’s policy procedures under the leadership of Board Chairman Paul Atkins. Earlier this week, he said at a round table at the agency’s headquarters in Washington that setting clear rules for the digital asset sector “Job One” for SEC. Before Atkins arrival, PEIRCE led the agency Crypto and was already working on policy data to clarify the forecast for the industry.
Read more: “New internet” for Doublezero for Blockchains Nabs at a value of $ 400 million from Top Crypto VCS
