SEC Drops Case Against Nova Labs, Allowing Helium to Develop WiFi Decentralized Hotspots as Non-Securities

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ZyCrypto 2 weeks ago 452

Cardano Creator Charles Hoskinson Reacts To Michael Saylor Calling ADA, ETH, SOL, And XRP Securities

The SEC has dropped its claims against Nova Labs, creator of the crypto project Helium, arguing that their tokens, including HNT ($4.18), MOBILE, and IOT, are not considered securities. This also means that the Helium WiFi Hotspots are not considered securities. Helium can now continue developing WiFi infrastructure and providing crypto incentives without worrying about the SEC subjecting it to never-ending legal suits. The Helium team remains positive with their vision of ...



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