SEC clears DePIN tokens as ‘fundamentally’ outside jurisdiction

The SEC backed off from DePIN tokens in a rare no-action letter, as the agency’s top brass says it’s not meant to “regulate all economic activity. ” source: https://cointelegraph.com/news/sec-clears-depin-tokens-fundamentally-outside-jurisdiction?utm_source=rss_feed&utm_medium=rss%3Fttt%3D1759196048084%26_rnd%3D9jut1f%26ttl%3D0%26noCache%3Dtrue&utm_campaign=rss_partner_inbound