Megatel Homes Wins SEC No-Action Letter to Launch MegPrime Crypto Rewards Token
Megatel Homes, a private homebuilder based in Dallas, has introduced a crypto payments and rewards token called MegPrime after receiving a no-action letter from the U.S. Securities and Exchange Commission. The token is positioned for everyday payments rather than as an investment, with users able to earn up to 20% back in rewards and, for renters, potentially apply up to $25,000 of past rent toward a future home purchase.