SEC Signals Approval for DePIN Tokens as Non-Securities
The U.S. Securities and Exchange Commission has issued a no-action letter confirming that DePIN tokens, including DoubleZero's 2Z token, do not qualify as securities. This regulatory milestone provides clarity for decentralized infrastructure projects and aligns with broader blockchain adoption trends.
DoubleZero's protocol rewards participants with 2Z tokens for contributing unused private fiber infrastructure. The SEC emphasized the token's functional utility over speculative characteristics, marking a significant shift in regulatory posture toward decentralized physical networks.