SEC issues ‘rare’ no-action letter for Solana DePIN project token FUSE

Solana’s Fuse Token Gains SEC No-Action Letter in Utility Boost

The SEC no-action letter issued to Fuse has become one of the most important regulatory decisions for the DePIN sector this year. The decision that centers on the Solana-based Fuse Energy project gives Fuse a kind of regulatory breathing room that is not often seen for tokens meant to serve a practical purpose instead of acting like investment chips. People who follow the market say this move hints at a shift in how the Securities and Exchange C…

SEC Clears FUSE Token from Security Registration Rules

The US Securities and Exchange Commission's Division of Corporation Finance provided a no-action letter to Fuse Crypto Limited on November 24.

Fuse Crypto Receives SEC No-Action Letter for Solana-Based ENERGY Token

The SEC issued a no-action letter to Fuse Crypto, a Depin project on Solana. Fuse can offer its Solana-based ENERGY token without registering it as a security. ENERGY tokens provide real-world benefits such as energy bill discounts and carbon-offset perks. On November 24, the US Securities and Exchange Commission (SEC) issued a formal no-action letter to Fuse Crypto Limited, the company behind the Solana-based Fuse Energy project. The SEC assure…

Fuse Crypto Wins No-Action Letter, Avoids SEC Security Class

TLDR The SEC granted Fuse Crypto a no-action letter, confirming its FUSE token is not a security. Fuse Crypto uses blockchain to reward customers for participating in green energy initiatives like rooftop solar installation. The SEC’s decision highlights a shift toward clearer regulations for crypto tokens under the current administration. Fuse’s argument that its token is not an investment contract aligned with the SEC’s stance, avoiding secur…

SEC issues ‘rare’ no-action letter for Solana DePIN project token FUSE

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SEC issues ‘rare’ no-action letter for Solana DePIN project token FUSE

It comes several months after the SEC issued a similar no-action letter to DoubleZero, seen as a significant regulatory milestone for DePIN projects.