The SEC has dismissed its case against Helium, providing legal clarity for the decentralized wireless network sector.
The dismissal signals a shift in the SEC's enforcement strategy under the Trump administration's SEC chair Paul Atkins, who is known for his pro-crypto stance.
While the dismissal brings clarity to the sector, compliance risks still remain for other crypto startups seeking funding.
The SEC's approach under Atkins could embolden more crypto infrastructure firms to scale without fear of regulatory action, but gaps in regulations still persist for the decentralized infrastructure sector.