SEC Grants Fuse a No-Action Letter, Signaling a Softer Crypto Stance
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The SEC has issued a no-action letter to Solana-based DePIN project Fuse, giving its FUSE token “regulatory cover” as long as it’s used strictly for network utility. This marks the agency’s second crypto-friendly letter in recent months. Under new leadership, the SEC appears more open to balanced engagement with token issuers seeking clarity instead of confrontation.
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No-action letters are rare—this is a positive shift.
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A softer SEC could bring more legit projects into the space.