✔ VERIFIED First reported by The Block · Nov 3, 22:11 UTC · updated Nov 4, 21:32 UTC

Canton Coin Is a ‘Digital Commodity,’ SEC Staff Say in Letter Covering Network Rewards

A Corporation Finance staff letter applies the SEC's March token taxonomy to Canton's reward token, resting on what Digital Asset told the agency about how the network works.

Common to all reports: SEC · Canton Coin · Digital Commodity · Letter · Staff

Confirmed by 6 sources

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Tags: Regulation

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