New SEC No-Action Letter Helps Clarify The Meaning Of “Digital Commodity”

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On November 3, 2026, the staff (the “Staff”) of the Division of Corporation Finance (the “Division”) of the Securities and Exchange Commission (the “SEC”) issued a no-action letter (the “No-Action Letter”) regarding Canton Coin.  Digital Asset Holdings, LLC (“DA”) created the Canton blockchain protocol and developed the technology for Canton Coin, the native digital asset of the Canton Network….
By: Mayer Brown Free Writings + Perspectives
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