CryptoMedium•4 November 2026•
1 min read
SEC Classifies CC Token as Digital Commodity in No-Action Letter
Key Facts
1The SEC's Division of Corporation Finance issued a no-action letter regarding Canton Network's CC token.
2The SEC staff views CC as a 'digital commodity' based on submitted representations, providing regulatory clarity in the U.S.
3The CC token price rose 1.18% to approximately $0.0955 on November 4 following the decision.
The SEC's Division of Corporation Finance issued a no-action letter regarding Canton Network's CC token. According to crypto-economy.com, the SEC staff views the token as a 'digital commodity' based on submitted representations, providing the project with regulatory clarity in the United States.
The CC token price rose 1.18% to approximately $0.0955 on November 4, 2026, following the decision. This classification provides regulatory relief for the token's operations by establishing its status as a commodity rather than a security.