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SEC staff grant no-action relief for Canton Coin token minting

NewsFeeds update

US Securities and Exchange Commission staff have granted no-action relief for the minting of Canton Coin. The relevant SEC division considers Canton Coin a digital commodity, citing its network utility and the absence of a centralised entity controlling the network.

RegulationChainCatcherAIBullish

Read the original on ChainCatcher

The story so far: SEC no-action relief for Canton Coin

SEC staff granted no-action relief for Canton Coin minting, treating it as a digital commodity. Canton says the relief is the first of its kind since the SEC's March statement and its August crypto asset rules proposal.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. SEC staff grant no-action relief for Canton Coin token minting

  2. Canton says SEC relief is first of its kind since March statement

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.