SEC division views Canton Coin as a digital commodity in no-action letter
The staff position offers another signal on how the regulator treats tokens tied to institutional networks.
Read at The Block →Full coverage · 9 outlets
- The Block · lead
- The DefiantSEC Staff Grants Canton Coin No-Action Relief for Token Minting
- BigGo FinanceUS SEC Deems Canton Coin a "Digital Commodity," Avoiding Securities Law Application
- bloomingbitSEC Treats Canton Coin as Digital Commodity, Grants No-Action Relief for Token Issuance
- https://genfinity.io/Canton Coin No-Action Letter: SEC Staff Clears Minting by 60 Super Validators, 700+ Validators, and 120+ Apps
- Traders UnionSEC staff gives Canton Coin no-action relief for token issuance
- CryptopolitanSEC staff says token voters alone don’t make a network a “central party”
- Koin BülteniSEC Takes Positive Step on This Altcoin, Calls It a Digital Commodity
- KucoinSEC Division Classifies Canton Coin as Digital Commodity