SEC Drops Unregistered Securities Charges Against Helium Developer

The U.S. Securities and Exchange Commission (SEC) has dropped its previously filed unregistered securities charges against Helium developer Nova Labs. This decision effectively removes the classification of Helium’s tokens HNT, IOT, and MOBILE as securities. In an official statement, Helium highlighted that this clearance offers legal certainty for projects in the DePIN space and anticipates a surge in adoption and innovation across decentralized wireless and crypto infrastructure.