Crypto Currency Tracker logo Crypto Currency Tracker logo
cryptonews 2023-06-09 19:00:00

SOL is 'Not a Security', Insists Solana Foundation Amid SEC Lawsuits

The Solana network’s native token SOL is “not a security,” despite the Securities and Exchange Commission (SEC) claiming otherwise, the Solana Foundation has said. Commenting on the regulatory status of its token to CoinDesk on Thursday, the Solana Foundation made it clear that it still sees Solana as sufficiently decentralized for its native token to not be considered a security for regulatory purposes.... Read More: SOL is 'Not a Security', Insists Solana Foundation Amid SEC Lawsuits

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.