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Joined November 2020
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Canton Gets a Clearer Path Through US Securities Rules Canton (@CantonNetwork) Coin $CC has received no-action relief from the SEC's Corporation Finance division. The staff will not recommend enforcement action over its programmatic issuance if specified conditions are met. The letter points to the token's link with network activity rather than managerial promises. It could offer a regulatory reference point for other blockchain networks. However, the staff letter does not establish a definitive legal classification for CC.
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