Fuse on Solana will receive regulatory support from the SEC

The Solana-based DePIN project has taken an important step towards legalization. The American regulator — the Securities and Exchange Commission (SEC) — has sent an official letter of no-action indicating that no enforcement action will be taken against the Fuse platform. This means that the team can freely distribute the FUSE token among ecosystem participants while remaining within the bounds of current regulations.

What exactly did the SEC permit

The Corporate Finance Department of the U.S. Securities and Exchange Commission confirmed that there are no intentions to pursue legal action against Fuse. The project will be able to reward active network participants while minimizing speculative risks. This approach demonstrates an evolution in the SEC’s understanding of different models of crypto projects and their role in developing decentralized infrastructure.

Trend towards clearer DePIN regulation

The no-action letter for Fuse is not the first of its kind. Earlier this year, a similar letter was issued to the DoubleZero project. A series of positive decisions indicates that the regulatory environment in the crypto sector is becoming more predictable and conducive to innovation. Legal experts view such steps as part of a strategy to ensure transparency and legal certainty for the emerging decentralized network industry.