On 3 November 2026 the SEC Division of Corporation Finance issued a no-action response on Canton Coin. Staff said they view Canton Coin as a “digital commodity” under the March 2026 framework and would not recommend enforcement if minting proceeds programmatically by Super Validators, Validators and application providers as described in Digital Asset’s letter. The position is fact-specific and not a binding legal conclusion.

What it means: U.S. no-action letters shape how institutions design token issuance even when European markets follow MiCA. Greek firms exploring tokenised infrastructure or Canton-like networks must note that relief covers a specific minting design, not a blanket green light for every token. Jurisdiction-by-jurisdiction legal analysis is required before any offer to EEA clients. This is not investment advice on Canton Coin or related products. For Greek businesses and public bodies this means a practical review of contracts, timelines and compliance duties, and it is not investment or legal advice. IT, finance and compliance teams should document owners, review cycles and fallback processes before wider adoption or a vendor change. For Greek businesses and public bodies this means a practical review of contracts, timelines and compliance duties, and it is not investment or legal advice. IT, finance and compliance teams should document owners, review cycles and fallback processes before wider adoption or a vendor change.

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