BTCC
/
BTCC Square
/
Global Cryptocurrency
/
SEC Grants Regulatory Clarity to DoubleZero, Signaling Shift for Blockchain Projects
SEC Grants Regulatory Clarity to DoubleZero, Signaling Shift for Blockchain Projects
24
3
BTCCSquare news:
The U.S. Securities and Exchange Commission's no-action letter to DoubleZero marks a pivotal moment for decentralized networks. By exempting the startup's utility token from securities registration, the SEC acknowledges tokens functioning as service incentives rather than investment contracts.
Commissioner Hester Peirce's advocacy for nuanced crypto regulation aligns with this decision. The move reflects growing institutional recognition of blockchain's peer-to-peer economic models, where value accrues from network participation rather than corporate profit-sharing.
By:
