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SEC grants first-ever no-action letter to DoubleZero – TON BOT

SEC grants first-ever no-action letter to DoubleZero

The SEC has cleared DoubleZero’s DePIN tokens, confirming they are not subject to U.S. securities laws. The tokens are used to incentivize network participation and reward contributors for physical infrastructure. The decision is seen as a win for innovation in decentralized networks, with Commissioner Peirce highlighting the distinction from traditional securities.


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