SEC clears DePIN tokens as ‘fundamentally' outside jurisdiction

**SEC Issues Rare No-Action Letter for DePIN Tokens, Marking Major Cryptocurrency Regulatory Shift**

The Securities and Exchange Commission (SEC) delivered a groundbreaking regulatory decision by issuing a rare no-action letter clarifying that Decentralized Physical Infrastructure Network (DePIN) tokens fall "fundamentally" outside its jurisdiction. This unprecedented move signals a significant shift in the agency's cryptocurrency enforcement approach, potentially impacting the broader blockchain and DeFi ecosystem.

DePIN tokens, which incentivize real-world infrastructure deployment through blockchain technology, have gained substantial traction in the cryptocurrency market. The SEC's decision represents a departure from its typically aggressive stance toward digital assets, with agency leadership emphasizing they don't intend to "regulate all economic activity."

This regulatory clarity could trigger increased institutional adoption of DePIN projects and similar cryptocurrency innovations. Bitcoin and other major cryptocurrencies may benefit from reduced regulatory uncertainty, potentially driving positive price movements across decentralized finance (DeFi) markets. The no-action letter establishes important legal precedent for blockchain-based infrastructure tokens, offering much-needed regulatory guidance for cryptocurrency developers and investors navigating the evolving digital asset landscape.