SEC staff’s no-action letter covers CC earned by running infrastructure and applications, but is not a binding ruling on its legal status.
Canton Network’s native cryptocurrency rose 4% on Wednesday after the US Securities and Exchange Commission’s (SEC) Division of Corporation Finance issued a no-action letter stating it views the token as a “digital commodity.”
Canton Coin (CC) traded at $0.098 at 10:27 am UTC, but was still down roughly 4.2% over the past week, according to CoinMarketCap.
Canton Network is a privacy-focused network that enables banks and financial institutions to tokenize assets, trade and settle transactions across different platforms.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments