SEC grants Canton Coin no-action relief

Nov 3, SEC staff said Canton Coin is a digital commodity and will not recommend enforcement for its programmatic minting under specific conditions.

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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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Grid (❖,❖) | Web3 Research

[Uber tested withdrawing funds from its blockchain on weekends; Primus has also submitted a development proposal] @primus_labs @CantonNetwork Uber tested whether it could withdraw funds from its investment pool outside regular banking hours—specifically on weekends. In a demonstration announced on October 30, Uber purchased shares in Franklin Templeton’s money market fund using HSBC’s tokenized deposits and confirmed it could partially cash out those holdings even on weekends. The blockchain used for this transaction was Canton Network. Primus and HashCloak have submitted a joint proposal to integrate zkTLS data verification technology into the same Canton development fund. The requested amount is 1,303,500 Canton Coins (CC), equivalent to approximately $150,000 at the time of submission. The proposed development timeline is 14 weeks. Uber’s experiment focused on the process by which corporations invest funds and later retrieve them when needed. Primus’s proposal aims to enhance the Canton app with the ability to verify whether external financial conditions are met—without exposing the original data. For example, suppose a company needs to verify that its counterparty meets certain financial requirements before executing a transaction. Instead of receiving and storing full account statements, the system would verify a proof based on authenticated data from approved sources. Primus plans to generate proofs for web-based data, while HashCloak will develop tools enabling the Canton app to directly verify these proofs. The public proposal outlines that the Canton app will be able to independently validate mathematical proofs without receiving the original data, and that the resulting tools will be open-source and reusable by other developers. Implementing this would allow financial verification apps to validate proofs directly—rather than relying solely on Primus’s signature. Uber’s weekend fund usage is a completed demonstration; Primus and HashCloak’s proposal is currently under review. Both address distinct challenges within the same Canton ecosystem. The next step is determining whether external financial verification capabilities can be securely integrated into transaction infrastructure. What matters most after this is not the funding amount, but whether the verification functionality actually works. A public test demonstrating that the Canton app can directly validate Primus’s proofs without accessing the original financial data will serve as the key indicator of progress. #Primus #CantonNetwork

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Starbase

🚨 SEC vault debate is escalating: CCI + Bitwise + Galaxy + Morpho filed a 238-page report arguing that how much discretion/control human managers have over vault strategies is a key factor in whether crypto vaults are securities. Aave Labs + Veda Tech Labs + Kamino Foundation push back: active management alone shouldn’t automatically trigger securities law if users retain asset rights and there’s no legal “common enterprise” or issuer. Both sides agree on one thing: paid investment advice involving securities may still fall under the Investment Advisers Act. The bigger question for the SEC: where does DeFi software end and a regulated investment product begin? 👀 #DeFi #SEC #CryptoPolicy #Web3

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Muhammad Musa

🇺🇸 The SEC has released new crypto guidance and it is bullish for DeFi. 1. Token holder voting does not make a network centrally controlled, as long as holders are not acting together. 2. A network only has a central party if someone can control access, change the voting process, pick validators, or rewrite the code. 3. Functional and decentralized are two separate tests, and how decentralized a network is depends on the facts. Crypto is finally getting the clarity it deserved.

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muk***@gmail.com

$ZEC

ZEC is leading the market, and the silence before the storm feels like it is finally breaking. When a coin moves ahead of the rest of the leaderboard, it deserves attention. ZEC is currently showing a price of 1,293.778 with a 24-hour gain of 14.83%. That is a powerful move, but the real question is whether buyers can sustain the momentum.


The next thing I am watching is volume. If trading activity continues to rise alongside price, it could indicate that buyers are becoming more committed. I also want to see whether Bitcoin dominance begins to shift and whether larger wallets are accumulating or distributing ZEC. Those signals could help determine whether this is the beginning of another leg higher or simply a short-term rally.


For now, I am watching the 1,250 to 1,280 area as a potential pullback zone and the 1,300 level as an important psychological area. A sustained move above the current price, supported by stronger volume, would make the bullish scenario more interesting. A failure to hold the breakout would be a reason to step back.


EP: 1,293.778

TP: 1,358.47

SL: 1,254.97


These are illustrative levels based on the screenshot price, not verified chart support or resistance.


The market is waking up, but the next move still needs confirmation. I am watching the volume, the structure, and the reaction at the key levels.


I’m ready for the move —


#AMD reports Q3 earnings

#Bitcoin midterm election pattern

#SEC grants Canton Coin no-action relief

#CFTC approves equity perpetual futures

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Dr Pumpy

$AGT /USDT — The $4.07K long liquidation at $0.03422 highlights downside liquidity. AGT is trading near $0.0378, with RSI around 47, indicating neutral momentum. The daily structure remains bullish, but short-term selling pressure is present. Support is near $0.0369, while resistance is $0.0467. COINOTAG +2


EP: $0.0368–$0.0375 (Long after confirmation)


TP1: $0.0407 TP2: $0.0433 TP3: $0.0467


SL: $0.0348


A confirmed breakout above $0.0407 could strengthen bullish momentum. Avoid chasing entries after the recent volatility.


Market reference: November 4, 2026. Verify live price before trading.


#Bitcoin midterm election pattern #SEC grants Canton Coin no-action relief

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Alex Mark

$ZRO

This is the kind of movement that makes the entire market pay attention. The silence before the storm is one thing, but when a coin starts showing double-digit daily strength, traders naturally begin looking for the next opportunity.


ZRO is currently one of the strongest performers in the screenshot. Its displayed price is 1.9078, with a 24-hour gain of 12.54 percent and a market capitalization of approximately 210.73 billion PKR.


That is a significant daily move, but the next question is whether buyers can sustain it.


I am watching LayerZero's ecosystem, trading volume, and the strength of the current price structure. After such a strong move, consolidation would not necessarily be bearish. It could allow the market to absorb profits before attempting another advance.


However, I do not want to ignore the possibility of a short-term correction. Whale transfers, exchange inflows, and spot buying pressure could help reveal whether the rally has continued support.


MY WATCH LEVELS


EP: 1.9078


Support zone: 1.87918 to 1.85057


TP1: 2.00319


TP2: 2.06042


SL: 1.83149


The key is to avoid chasing an extended candle. A healthy retest followed by renewed buying pressure would make the setup more interesting.


Momentum is exciting, but risk management comes first. I want confirmation, not blind optimism.


I’m ready for the move — ZRO is one of my biggest watchlist priorities.


#CFTC approves equity perpetual futures

#SEC grants Canton Coin no-action relief

#Circle Reports $1.4 Billion in H1 2026 Revenue as Net Profit Margin Stands at 7%

#Democrats reclaim House control

coinZRO-5.15%
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Alex Mark

$ATOM

Not every opportunity begins with a massive green candle. Sometimes the most interesting setups develop slowly, with price stabilizing, sellers losing momentum, and buyers gradually returning.


ATOM is one of the assets I am keeping under observation. Its displayed price is 1.424, showing a 24-hour gain of 1.43 percent and a market capitalization of approximately 211.00 billion PKR.


The Cosmos ecosystem continues to make ATOM an interesting project to follow. I am watching whether this relatively modest daily performance can develop into a stronger recovery.


The key signal will be trading volume. If participation increases while price holds its support area, the structure could become more attractive.


Bitcoin dominance is another important factor. A shift in market leadership could bring renewed attention to established altcoins. I also want to watch large wallet activity and exchange flows for signs of accumulation or distribution.


MY WATCH LEVELS


EP: 1.424


Support zone: 1.40264 to 1.38128


TP1: 1.49520


TP2: 1.53792


SL: 1.36704


The plan is simple. Watch the support, wait for stronger demand, and look for confirmation before expecting a larger move.


Sometimes patience creates the best opportunities. I am not interested in chasing candles. I am interested in catching a well-confirmed move.


I’m ready for the move — ATOM stays on my radar.


#CFTC approves equity perpetual futures

#SEC grants Canton Coin no-action relief

#Circle Reports $1.4 Billion in H1 2026 Revenue as Net Profit Margin Stands at 7%

#Democrats reclaim House control

coinATOM+7.89%
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TWITTER_

$APR


2. LIQUIDATION ALERT

🔴 Long Liquidation: $1.4387K at $0.0389.


3. MARKET ANALYSIS

The long liquidation event highlights pressure on leveraged buyers. Sellers could exploit weak demand and push price toward lower liquidity zones. A strong recovery above the liquidation area would improve bullish sentiment.


4. SUPPORT LEVELS

S1: $0.03830 (Estimated)

S2: $0.03770 (Estimated)


5. RESISTANCE LEVELS

R1: $0.03950 (Estimated)

R2: $0.04010 (Estimated)


6. NEXT TARGET

$0.03770 (Downside scenario)


7. FINAL MARKET OUTLOOK

Losing S1 could expose S2, whereas reclaiming R1 could open the door to a bullish recovery.

#AI models edit neural weights #SEC grants Canton Coin no-action relief #CFTC approves equity perpetual futures #SEC grants Canton Coin no-action relief #Circle Reports $1.4 Billion in H1 2026 Revenue as Net Profit Margin Stands at 7%

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Hua_BNB
Bullish

$ZEC Massive Move ... Buyers Taking Control!


Current Price: 1,281.963

24H Change: +12.50%


EP: Chart confirmation needed

TP1: —

TP2: —

Final Target: —

SL: —


ZEC is leading the move with an impressive 12.50% gain. Momentum is heating up, but watch for volatility before entering.


Let's go and Trade now


#Bitcoin midterm election pattern #AMD reports Q3 earnings #US October NFP: Are Rate Cuts Still Possible? #Anthropic IPO Valuation Drops to $1.5 Trillion as Investors Reassess AI Growth #SEC grants Canton Coin no-action relief

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