US SEC issues no-action letter to DoubleZero, confirming its 2Z token does not need to be registered as an equity security
Jinse Finance reported that, according to Cointelegraph, the United States Securities and Exchange Commission (SEC) has issued a No-Action Letter to DoubleZero, confirming that its 2Z token does not need to be registered as an equity security, and that the related programmatic flows do not constitute securities transactions.
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