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Canton Coin Is a ‘Digital Commodity,’ SEC Staff Say in Letter Covering Network Rewards

Unchained·November 4, 2026·1 min read
Canton Coin Is a ‘Digital Commodity,’ SEC Staff Say in Letter Covering Network Rewards

SEC staff say Canton Coin is a 'digital commodity' in a Corporation Finance letter applying the agency's March token taxonomy to the network's reward token. The classification rests on information Digital Asset provided about how the Canton network operates, potentially setting a precedent for similar tokens.

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