Canton’s CC rises 4% as SEC staff view it as ‘digital commodity’
Summary
The value of Canton’s CC token increased by four percent following a recent evaluation by regulatory staff. Personnel at the Securities and Exchange Commission indicated they view the asset as a digital commodity when earned through specific network activities.
SEC staff’s no-action letter covers CC earned by running infrastructure and applications, but is not a binding ruling on its legal status.
Source: Read the full story at Cointelegraph.com News
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