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

SEC staff’s no-action letter covers CC earned by running infrastructure and applications, but is not a binding ruling on its legal status.
Key Takeaways
- SEC staff’s no-action letter covers CC earned by running infrastructure and applications, but is not a binding ruling on its legal status.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinTelegraph. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation

Bitcoin Shrugs Off Midterms as Experts Say Democratic Sweep Was 'Priced In'
Experts say the Democratic sweep was largely priced in, but it makes the road ahead harder for crypto policy.

ZachXBT Names French Bank Crédit Mutuel Arkéa as Alleged Victim of $133M Crypto Theft
The onchain investigator says the theft is being "covered up," and that a lack of disclosure let more than $30 million be laundered.
Gate Launches Taiwan Stock Trading, Initially Supporting Popular Stocks Listed on Taiwan Stock Exchange Including TSMC and MediaTek
Gate has officially launched Taiwan stock trading, further expanding its global stock trading business. The initial offering includes 19 stocks listed on the Taiwan Stock Exchange (TWSE), covering a range of sectors, including semiconductors, artificial…