Canton’s CC rises 4% as SEC staff view it as ‘digital commodity’

TLDR — SEC staff’s no-action letter covers CC earned by running infrastructure and applications, but is not a binding ruling on its legal status.
Signal data─ Neutralconfidence 75%Medium materiality
AssetEventregulationEvent timeAttention0 readers/hrNormalSmart readers0
SEC staff’s no-action letter covers CC earned by running infrastructure and applications, but is not a binding ruling on its legal status.
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