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SEC classifies Canton Coin as digital commodity, grants no-action relief for programmatic issuance.

Market News
04 Nov 2026, 09:36 WIB
Crypto news
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Bullish
SEC classifies Canton Coin as digital commodity, grants no-action relief for programmatic issuance.

The U.S. SEC's Division of Corporation Finance classified Canton Coin as a digital commodity and granted no-action relief for its programmatic issuance without securities registration under specific conditions. This decision is based on Canton Network's decentralized governance, lack of a central controlling party, and the token's value deriving from network operations rather than managerial efforts. The ruling follows updated SEC guidance on decentralized crypto assets and supports Canton Network's growing institutional tokenization projects with major financial firms. The relief is limited to the conditions presented and does not cover all transactions involving Canton Coin.

Canton Coin news offers context for readers following major cryptocurrencies. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 04, 2026 14:31 WIB: 44 of 50 major cryptocurrencies rose today. Notable movers include BAL at Rp16.297 (+11.14%), EOS at Rp12.649 (+8.13%), and BAT at Rp2.447 (+6.17%) with a typical hold time of 93 days and a Pluang order activity of 78% Sell / 22% Buy.

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