According to Foresight News , the U.S. Securities and Exchange Commission (SEC) has issued a no-action letter to Fuse Crypto Limited, granting the company an exemption regarding matters related to the FUSE token, which is designed to reward users participating in an electricity sustainability program.
According to a previous report by Foresight News , DoubleZero, a decentralized network infrastructure layer, tweeted that the U.S. Securities and Exchange Commission (SEC) had issued a no-action letter to the DoubleZero 2Z token. This document means that 2Z does not need to be registered as a type of "equity security," and programmatic trading of 2Z on the DoubleZero network does not constitute securities trading.
