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Tag: DePIN

Understanding the Implications of an SEC No Action Letter for Solana DePIN Token DoubleZero

Understanding the Implications of an SEC No Action Letter for Solana DePIN Token DoubleZero

Simply put The SEC has given a “no action” letter to the Solana-based project, DoubleZero. The regulator indicated that the 2Z tokens do not resemble securities. The token is set to launch on Friday with the Mainnet release. The U.S. Securities and Exchange Commission (SEC) issued a “No Action” letter to DoubleZero on Monday, which […]

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