The SEC issued a no-action letter for Fuse Crypto Limited's FUSE Token.

2025-11-25 00:27:19

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According to a TechFlow report on November 25, The Block reports that the U.S. Securities and Exchange Commission (SEC) today issued a No-Action Letter to Fuse Energy regarding the Energy Dollar (ENERGY) token.

The token is used to reward customers for participating in power sustainability projects. Last week, this energy technology startup requested the SEC to confirm that the FUSE token is not classified as a security. Fuse operates electric power business in the United States, installing electric vehicle chargers, rooftop solar panels, and other green technology equipment. The company uses blockchain technology to help “alleviate grid congestion,” allowing customers to earn FUSE tokens by installing rooftop equipment. Fuse believes its token should not be viewed as a security since it is not an investment contract, and consumers earn tokens for their own consumption rather than based on a reasonable expectation of profit.

FUSE9.61%

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