⚖️ SEC Recognizes Canton Coin (CC) as a Digital Commodity The SEC's Division of Corporation Finance has issued a no-action letter recognizing Canton Coin (CC) as a digital commodity under its regulatory framework. According to SEC staff, canton-network:native derives its value from @CantonNetwork's operations and market supply and demand, rather than the essential managerial efforts of a central party. The letter provides conditional regulatory clarity for specified programmatic token issuance, but does not represent a blanket exemption from securities laws. Could this decision set an important precedent for other blockchain utility tokens?