SEC Grants 2Z Token Landmark No-Action Letter — DePIN Regulation Breakthrough Unleashed!

Regulatory walls crumble as SEC delivers rare green light for 2Z Token

The Regulatory Revolution

DePIN sector erupts as SEC bypasses traditional enforcement route with unprecedented no-action letter. Market watches breathlessly—will this become the template for crypto regulation moving forward?

Legal Landscape Transformed

The 2Z Token clearance shatters previous regulatory patterns. Industry insiders scramble to decode implications while traditional finance veterans mutter about 'another regulatory loophole exploited.'

Market Impact Unleashed

DePIN projects surge on the news as regulatory clarity finally emerges from Washington's bureaucratic maze. Because nothing says 'innovation' like getting permission slips from regulators first.

The gates swing open—but will DePIN walk through or get tangled in red tape?

SEC Clears DoubleZero Token Launch As Peirce Backs DePIN Model

The SEC’s no-action letter to DoubleZero marks a pivotal moment for token regulation in the U.S.; however, it is based strictly on the company’s specific disclosures, with the agency warning that different facts could lead to a different outcome.

For DoubleZero, the ruling validates its four-month engagement with the regulator and offers a green light for contributors and users to participate in the network without fear of securities violations.

Proud to share that the @SECGov has issued @DoubleZero a No-Action Letter for 2Z.

The first-of-its-kind No-Action Letter gives us confidence that 2Z does not have to register as a class of “equity securities” and that programmatic flows of 2Z on the DoubleZero network are… pic.twitter.com/gSgiN6tpQj

The token’s design, used for value transfer, incentives, and network security rather than equity-like ownership, was central to the SEC’s stance.

Shortly after the announcement, Commissioner Hester Peirce also released a statement explaining that DoubleZero’s model fits into the category of decentralized physical infrastructure networks, or DePIN.

SEC staff issued a DePIN no-action letter today: https://t.co/yilE8Qc474

She emphasized that these projects differ from traditional fundraising because tokens are distributed as compensation for providing services such as bandwidth, storage, or energy, not as investments seeking profit from others’ efforts.

According to Peirce, the economic reality of DePIN projects does not meet the criteria of the Howey Test, which defines securities under U.S. law. Treating these tokens as securities, she warned, WOULD stifle the growth of networks that rely on distributed providers.

Telecom infrastructure is costly and slow to expand. Can DePIN networks offer a better alternative, or are they just another overhyped blockchain idea? This op-ed breaks it down.#DePIN #Web3https://t.co/scDoXLHDG9

Peirce added that blockchain technology should not be forced into frameworks designed for financial markets, stressing that markets, not regulators, should determine the success of infrastructure-based projects.

She said the DoubleZero letter illustrates how regulators can engage with innovators in good faith while ensuring compliance with statutory mandates.

Peirce said the no-action letter “offers an opportunity to reflect on how we, as regulators, can foster innovation without expanding our reach beyond what Congress has mandated.”

A Milestone for the Crypto Industry and What Is Next for 2Z?

Industry participants view the letter as an important signal for token launches in the United States, where regulatory uncertainty has long slowed development.

DoubleZero said the decision opens the way for it to accelerate its goal of building decentralized network infrastructure. solana also echoed the same sentiment, announcing that DoubleZero is building a dedicated fiber network to scale Solana beyond internet latency limits.

BRRR DAO noted that the ruling opens access for crypto firms to traditional finance, including bank loans and institutional funding, echoing XRP’s 2020 legal precedent. Unlike XRP, DoubleZero secured approval before launch, signaling regulators are beginning to separate speculative tokens from those with real utility.

Ripple Labs and the SEC have jointly filed a motion to pause their appeals in the long-running legal battle over XRP.#SEC #Ripplehttps://t.co/QRLcP4Bejn

Meanwhile, 2Z is set to debut on Binance Alpha and Binance Futures on October 2, with trading starting at 12:00 AM UTC and 12:30 AM UTC, respectively.

Binance will also hold a limited airdrop for eligible users, while DoubleZero promotes staking as part of its rollout. Together, the regulatory nod and exchange listings mark a turning point for Solana’s ecosystem.