SEC withdraws unregistered securities allegations against Helium's founding team, Nova Labs
According to Helium's official blog, the U.S. SEC has agreed to "prejudicially" withdraw unregistered securities allegations against Helium's founding team, Nova Labs, confirming that the issuance of Helium Hotspots devices and HNT, IOT, MOBILE tokens does not constitute a securities act. This decision brings key regulatory clarification for the Decentralized Entity Infrastructure Network (DePIN) project, meaning that building real infrastructure through cryptographic incentives
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A new wallet has once again received 700 BTC worth $64.8 million from Galaxy Digital
ether.fi: LiquidUSD Repayment Feature Now Live
Overview of Key Overnight Developments on December 12