{"id":52759,"date":"2025-09-30T14:30:41","date_gmt":"2025-09-30T11:30:41","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=52759"},"modified":"2025-09-30T13:44:22","modified_gmt":"2025-09-30T10:44:22","slug":"sec-gives-green-light-to-depin-tokens","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/sec-gives-green-light-to-depin-tokens\/","title":{"rendered":"SEC Gives Green Light to DePIN Tokens!"},"content":{"rendered":"<p data-start=\"196\" data-end=\"513\">The U.S. Securities and Exchange Commission (<a href=\"https:\/\/coinengineer.net\/blog\/sec-withdraws-etf-applications-for-these-altcoins\/\"><strong>SEC<\/strong><\/a>) has taken a notable step in the crypto landscape. The regulator announced that Decentralized Physical Infrastructure Networks <strong data-start=\"325\" data-end=\"383\">(DePIN)<\/strong> tokens will not fall under securities classification, marking a significant milestone for blockchain projects in this category.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/sec-gives-green-light-to-depin-tokens\/#DoubleZero_and_the_2Z_Token\" title=\"DoubleZero and the 2Z Token\">DoubleZero and the 2Z Token<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/sec-gives-green-light-to-depin-tokens\/#SECs_Message_on_Regulatory_Boundaries\" title=\"SEC\u2019s Message on Regulatory Boundaries\">SEC\u2019s Message on Regulatory Boundaries<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/sec-gives-green-light-to-depin-tokens\/#Softer_Regulatory_Approach_and_Market_Response\" title=\"Softer Regulatory Approach and Market Response\">Softer Regulatory Approach and Market Response<\/a><\/li><\/ul><\/nav><\/div>\n<h2 data-start=\"515\" data-end=\"547\"><span class=\"ez-toc-section\" id=\"DoubleZero_and_the_2Z_Token\"><\/span>DoubleZero and the 2Z Token<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"549\" data-end=\"851\">In its recently issued no-action letter, the SEC stated that there would be no enforcement action against the launch of the 2Z token by <strong data-start=\"693\" data-end=\"707\">DoubleZero<\/strong>. Michael Seaman, Chief Counsel of the SEC\u2019s Division of Corporate Finance, confirmed that the token does not require securities registration.<\/p>\n<p data-start=\"853\" data-end=\"1441\">DoubleZero\u2019s model enables blockchain-based access to underutilized fiber connections managed by network participants. Contributors who help operate and expand this infrastructure are rewarded with 2Z tokens. Co-founder Austin Federa emphasized that the decision demonstrates how regulatory clarity can be achieved through collaboration, not just for DoubleZero but for entrepreneurs across the U.S. Meanwhile, the project\u2019s legal advisor Mari Tomunen argued that the token\u2019s value derives from participants\u2019 efforts, showing that the Howey test does not apply in this case.<\/p>\n<h2 data-start=\"1443\" data-end=\"1486\"><span class=\"ez-toc-section\" id=\"SECs_Message_on_Regulatory_Boundaries\"><\/span>SEC\u2019s Message on Regulatory Boundaries<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"1488\" data-end=\"2004\">SEC Commissioner Hester Peirce highlighted that DePIN projects represent a distinct economic reality, separate from the capital-raising activities Congress tasked the Commission to oversee. \u201cThe SEC was not created to regulate all economic activity,\u201d she noted, underlining the agency\u2019s limits. According to Peirce, DePIN tokens are not investment instruments but functional incentives aimed at promoting infrastructure growth. Classifying them as securities, she warned, would stifle innovation in the sector.<\/p>\n<h2 data-start=\"2006\" data-end=\"2057\"><span class=\"ez-toc-section\" id=\"Softer_Regulatory_Approach_and_Market_Response\"><\/span>Softer Regulatory Approach and Market Response<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p data-start=\"2059\" data-end=\"2342\">In line with the Trump administration\u2019s broader goal of attracting blockchain development to the U.S., the SEC appears to be adopting a more flexible stance toward crypto. The ruling creates a more predictable environment for both startups and investors seeking regulatory clarity.<\/p>\n<p data-start=\"2344\" data-end=\"2539\">Despite the significance of the decision, the immediate market reaction was muted. Tokens within the DePIN category saw no major surge, with some recording modest declines in the last 24 hours.<\/p>\n<p data-start=\"2344\" data-end=\"2539\"><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,<\/a>\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Securities and Exchange Commission (SEC) has taken a notable step in the crypto landscape. The regulator announced that Decentralized Physical Infrastructure Networks (DePIN) tokens will not fall under securities classification, marking a significant milestone for blockchain projects in this category. DoubleZero and the 2Z Token In its recently issued no-action letter, the SEC<\/p>\n","protected":false},"author":29,"featured_media":36997,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[24372,24373,24374,4073,24364,5868,39],"class_list":["post-52759","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-2z-coin","tag-2z-token","tag-austin-federa","tag-depin","tag-doublezero","tag-regulations","tag-sec"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEC Gives Green Light to DePIN Tokens! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"The SEC made an important decision regarding DePIN projects, declaring that such tokens do not fall within the scope of securities.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/sec-gives-green-light-to-depin-tokens\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEC Gives Green Light to DePIN Tokens! 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