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The SEC issued a rare no-action letter confirming DePIN tokens like DoubleZero’s 2Z are not securities under US law.

CryptoPolitan

SEC clears DePIN tokens token from securities status

The SEC approved DoubleZero’s 2Z token and said it is not a security.

The SEC approved DoubleZero’s 2Z token and said it is not a security

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SEC clears DePIN tokens token from securities status

The SEC approved DoubleZero’s 2Z token and said it is not a security