Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

SEC NO-ACTION LETTER JUST SENT A SIGNAL TO UTILITY TOKEN BUILDERS.



Today’s Fuse Crypto news isn’t just about one #Solana project - it’s a roadmap moment.

In a November 24, 2025 letter, the SEC staff said it would NOT recommend enforcement if Fuse sells its token without registering it as a security, so long as it’s used as described: powering decentralized access and payments for an energy grid network.

The logic is crucial: value comes from using the network, not from relying on a promoter to pump token price.

If this interpretation holds, genuinely utilitarian tokens - especially in DePIN and infrastructure - may have fewer regulatory headwinds than many feared.
FUSE2.94%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)