Canton Coin Gets SEC Nod as Wall Street Tokenization Heats Up
Summary
Canton Coin has received favorable guidance from regulatory staff, who classified the digital asset as a commodity. This development arrives shortly after a major financial infrastructure provider introduced a tokenization service operating partly on the same blockchain network.
SEC staff said they view Canton Coin as a digital commodity and won’t recommend enforcement over how it’s minted, a week after DTCC launched a tokenization service that runs partly on the Canton Network.
Source: Read the full story at Decrypt
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