The Securities Exchange Commission (SEC) issued a no-action letter to Fuse Crypto Limited, approving the company's exemption in relation to the FUSE token, which is designed to reward users who participate in electricity sustainability programs.
Previously, DoubleZero, a decentralized network infrastructure layer, tweeted that the SEC has issued a no-action letter to the DoubleZero 2Z token. The document means that 2Z does not need to be registered as an "equity security", and the programmatic flow of 2Z on the DoubleZero network is not a securities transaction.
SEC issues no-action letter to Fuse Crypto Limited
2025-11-25 01:47:49
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