SEC Grants Rare No-Action Letter for DoubleZero, Declares 2Z Not a Security

The U.S. Securities and Exchange Commission’s Division of Corporation Finance has made a clear determination on DoubleZero. In a no-action letter issued on September 30, the SEC stated that the DoubleZero 2Z token does not satisfy the Howey Test and will not be treated as a security. For the first time, a DePIN project has […] Read The Full Article SEC Grants Rare No-Action Letter for DoubleZero, Declares 2Z Not a Security On Coin Edition.