Evidence record
SEC Corporation Finance staff view Canton Coin as a “digital commodity” in no-action letter
Read the item · published 2026-11-03
Evidence
- Confidence
- High Primary source (regulator / official record); quote string-matched against the live page.
- Quote verified
- 2026-11-13 11:59 UTC
- Archived snapshot
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9efe875cc5962c9c1865fdd03fd28999fc862f85fc1c5f98842695b0f66df258· fetched 2026-11-09 · Wayback Machine copy ↗ - Source type
- Primary U.S. Securities and Exchange Commission (Division of Corporation Finance) ↗
… Counsel Division of Corporation Finance Re: Canton Coin We are responding to your letter dated October 30, 2026 addressed to Ted Yu, Jonathan Ingram, Andrew Schoeffler and Mark Vilardo. Capitalized terms have the same meanings as defined in your letter. In reliance on the representations provided in your letter, the Division is of the view that Canton Coin is a "digital commodity," as that term is described in the Interpretation. In reaching this position, we particularly note your representations that (1) Canton Coin is intrinsically linked to and derives its value from the programmatic operation of the Canton Network, as well as supply and demand dynamics, rather than from …
Change log (1)
- 2026-11-09 Published
Verified quotes
“In reliance on the representations provided in your letter, the Division is of the view that Canton Coin is a “digital commodity,” as that term is described in the Interpretation.”
“Further, the no-action response expresses the Division’s position on enforcement action only and does not express any legal conclusion on the issues presented.”
String-matched against https://www.sec.gov/rules-regulations/no-action-interpretive-exemptive-letters/division-corporation-finance-no-action/canton-coin-110326 by our verifier before every deploy.
AI-drafted from the primary source; quote string-matched against the live source page · AI-assisted