Canton Coin Gets SEC No-Action Nod, Price Rises as Wall Street Tokenization Accelerates
SEC staff said they view Canton Coin as a digital commodity and will not recommend enforcement over how it is minted, a rare regulatory signal for an enterprise-focused chain.
Read at Decrypt →Full coverage · 6 outlets
- Decrypt · lead
- Yahoo FinanceCanton Coin Is a ‘Digital Commodity,’ SEC Staff Say in Letter Covering Network Rewards
- YahooCanton Coin Gets SEC Nod as Wall Street Tokenization Heats Up
- 247wallstThe SEC Just Called Canton Coin a Digital Commodity, Not a Security. What Did Canton Have to Prove to Get That Letter?
- BitcoinistCanton Coin Rises After SEC Classifies It as a Digital Commodity
- CrowdfundinsiderCanton Coin Receives SEC No-Action Letter Treating It as a Digital Commodity