The U.S. Securities and Exchange Commission (SEC) continues to clarify its approach to digital assets, providing selective assurances that could shape how token projects structure their offerings. After months of engagement, Doublezero has received a first-of-its-kind no-action letter concerning its 2Z token, marking a notable development for the industry.

The SEC Division of Corporation Finance confirmed in a Sept. 29 letter that it would not pursue enforcement under Section 5 of the Securities Act or require registration under Section 12(g) of the Exchange Act if Doublezero’s 2Z token is distributed according to the conditions set out by counsel. The agency stated: “Based on the facts presented, the Division will not recommend enforcement action to the Commission if, in reliance on your opinion as counsel, Programmatic Transfers that are conducted in the manner and under the circumstances described in your letter are not registered under Section 5 of the Securities Act and 2Z is not registered as a class of equity securities under Section 12(g) of the Exchange Act.”

Doublezero Foundation welcomed the decision in a series of posts on social media platform X, writing:

The first-of-its-kind no-action letter gives us confidence that 2Z does not have to register as a class of ‘equity securities’ and that programmatic flows of 2Z on the Doublezero network are not securities transactions.

“This represents four months of constructive engagement with the SEC to establish a clear framework for compliant token launches in America, and a landmark moment for the crypto industry,” the statement adds.

“For the Doublezero project and its stakeholders, this letter means that the SEC will not recommend an enforcement action surrounding 2Z token flows within the Doublezero network,” Doublezero Foundation further affirmed, emphasizing that contributors and users can now engage with the network with confidence, while the 2Z token continues to power value transfers, incentives, and security tied directly to contributor activity. In a follow-up post, it stressed:

Crypto innovation in America is back. Today’s SEC no-action letter is a monumental milestone, not just for Doublezero, but for the entire crypto industry.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。