The SEC issued a rare «no-action letter» to the Fuse DePIN project.

The regulator confirmed that it will not recommend persecution if the project launches the #FUSE token and it appears on third-party platforms.

Details:
• FUSE is recognized as a utility token, not a tool for speculation.
• The company has been seeking this solution for several months.
• The SEC actually provides the project with regulatory cover.

@Сryptoz ₿