PANews reported on April 11 that according to the official blog of Helium, the U.S. SEC has agreed to "with prejudice" withdraw the unregistered securities charges against Helium's founding team Nova Labs, confirming that the issuance of Helium Hotspots devices and HNT, IOT, and MOBILE tokens do not constitute securities. This decision brings key regulatory clarifications to the Decentralized Physical Infrastructure Network (DePIN) project, meaning that building real infrastructure through crypto incentives is no longer automatically considered a securities offering. The "prejudicial" nature of the SEC's withdrawal also means that it may not bring the same charges against the matter in the future.
SEC drops unregistered securities charges against Helium founder Nova Labs
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