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SEC Staff Grants Canton Coin No-Action Relief for Token Minting

TLDR — The division views Canton Coin as a digital commodity, relying on its network utility and the absence of a controlling central party....

Signal data─ Neutralconfidence 75%Medium materiality
AssetEventregulationEvent timeAttention0 readers/hrNormalSmart readers0

The division views Canton Coin as a digital commodity, relying on its network utility and the absence of a controlling central party.... Read the full story at The Defiant

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