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SEC classifies Canton as a commodity, impacting regulatory view on decentralized crypto networks.

Market News
04 Nov 2026, 09:15 WIB
Tokenpost
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Neutral
SEC classifies Canton as a commodity, impacting regulatory view on decentralized crypto networks.

The U.S. Securities and Exchange Commission (SEC) has classified Canton, the coin linked to the Canton Network blockchain, as a commodity rather than a security. This classification stems from Canton's decentralized structure, which operates without a central party, influencing the SEC's decision not to issue an action letter against it. This regulatory stance could shape how U.S. authorities approach decentralized cryptocurrencies in the future and signals growing institutional interest in Canton, which focuses on blockchain solutions for institutional use.

The SEC's classification of Canton as a commodity provides context for readers interested in cryptocurrency regulation. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Nov 04, 2026 13:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 40 rose and 9 fell today. Notable movers include EOS at Rp12.649 with an 8.13% increase, YFI at Rp36.725.861 with a 5.26% rise and a Pluang order activity of 42% Sell / 58% Buy, and UNI at Rp132.590 with a 4.89% gain. EOS's 8.13% increase is the most notable figure.

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