SEC Division Views Canton Coin as Digital Commodity in No-Action Letter
The SEC’s Division of Corporation Finance said it will not recommend enforcement action over Canton Coin’s programmatic issuance under certain conditions.
The U.S. Securities and Exchange Commission's Division of Corporation Finance said it views Canton Coin (CC) as a digital commodity and will not recommend enforcement action over its programmatic issuance under certain conditions.In a no-action letter published Tuesday, the division said Canton Coi…