Altcoins News

Story: SEC Grants Rare No-Action Letter to Solana DePIN Token Fuse

By Julie Binoche

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Fuse Seeks Clarity on Token Trading. Fuse submitted its request to the SEC on Nov. 19, asking for confirmation that FUSE tokens could…

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A Second Win for the DePIN Sector. This letter comes shortly after the SEC granted a similar decision to Double Zero, another…

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New SEC Leadership Signals a Different Era. The shift in tone comes after significant changes in SEC leadership.

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Why No-Action Letters Matter for Crypto. Legal experts say that no-action letters are important because they provide reasonable assurance…

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Legal Perspective: Fuse Was an “Easy Case”. Not everyone sees the Fuse letter as groundbreaking.

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Growing Optimism Among U.S. Crypto Founders. After years of frustration under former SEC chair Gary Gensler, many U.S.

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A Sign of Stability for DePIN and Beyond. The SEC’s latest decision has been welcomed by DePIN developers and broader crypto participants.

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The United States Securities and Exchange Commission (SEC) has issued a rare no-action letter to Fuse, a Solana-based decentralized physical infrastructure network (DePIN) project.

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The letter gives Fuse what many describe as “regulatory cover,” confirming that the agency’s Division of Corporation Finance will not recommend enforcement action over the…

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Fuse submitted its request to the SEC on Nov. 19, asking for confirmation that FUSE tokens could continue to circulate on external marketplaces without triggering securities law…

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According to the project, FUSE is not structured for speculation and has consumptive use within the network.

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In its response, Jonathan Ingram, deputy chief counsel for the Division of Corporation Finance, confirmed that the SEC would not recommend enforcement if Fuse continued to offer…

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DoubleZero co-founder Austin Federa said the experience showed a greater willingness from the SEC to engage constructively.

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The shift in tone comes after significant changes in SEC leadership. Paul Atkins, sworn in as the agency’s 34th chairman in April, is widely viewed as more open to blockchain…

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For many in the industry, the no-action letter for Fuse represents evidence that the SEC is becoming more predictable and clearer with its decisions.

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