Hester Peirce Claims US SEC Ready to Promote DePIN and RWA Tokenization Projects

Hester Peirce confirms SEC’s support for DePIN and RWA tokenization, promoting innovation with clear regulatory guidance for blockchain projects.

US SEC Commissioner Hester Peirce recently stated that the commission is open to supporting decentralized physical infrastructure network (DePIN) projects and real-world asset (RWA) tokenization. 

These projects aim to bring innovation and practical solutions to industries using blockchain technology. Peirce’s comments come as the SEC looks to address challenges and clarify its stance on these new developments.

SEC’s Support for DePIN Projects

Hester Peirce discussed the potential of DePIN projects, calling them an innovative way to organize human behavior and capital. These decentralized systems aim to offer real-world services, such as telecommunications, energy, and storage, through peer-to-peer networks. 

The SEC is focused on encouraging these projects, which could improve infrastructure in various sectors.

Peirce emphasized that DePIN tokens are not securities, as they act as functional incentives rather than investment tools. 

Participants in DePIN projects receive tokens for providing services or completing tasks, but these tokens do not promise profits. This approach contrasts with traditional investment models, which focus on generating returns.

The SEC’s recent no-action letter regarding DoubleZero’s token distributions shows its commitment to fostering DePIN projects. By supporting these innovations, the SEC hopes to help developers focus on building infrastructure rather than worrying about complex securities laws.

Focus on RWA Tokenization

Peirce also addressed the SEC’s support for RWA tokenization, a growing trend in the crypto space.

RWA tokenization involves turning real-world assets, like real estate or commodities, into digital tokens that can be traded on blockchain networks. The SEC is looking to regulate this space and offer clarity on how tokenized securities should be handled.

The SEC Crypto Task Force has already met with companies such as Wintermute to discuss the best ways to approach RWA tokenization. 

Peirce explained that the SEC is eager to work with companies involved in tokenizing assets. She emphasized that the commission is willing to engage with these projects and provide guidance on how they can comply with regulations.

By creating a more structured environment, the SEC hopes to protect investors while supporting tokenization. Peirce’s comments reflect a shift toward a more open and supportive stance on blockchain-based innovation.

Changing Approach to Crypto Regulation

Hester Peirce comments signal a more pro-crypto stance at the SEC. The commission, which has been cautious in the past, is now focusing on supporting blockchain innovation. 

Peirce remarks suggest that the SEC aims to strike a balance between promoting growth and ensuring investor protection.

The SEC’s willingness to support both DePIN and RWA tokenization projects shows a shift in regulatory strategy. By offering clearer guidelines and fostering innovation, the SEC could play a key role in shaping the future of the crypto industry.

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