Solana and Polygon Push Back Against SEC's Token Classification
TL;DR Summary
The Solana Foundation and Polygon Labs have rejected the U.S. SEC's classification of their tokens as securities. The Solana Foundation expressed willingness to cooperate with regulators to provide further clarity for the emerging industry. Meanwhile, Polygon Labs stated that it did not target the U.S. market with its MATIC coin. Both tokens have seen price increases in the last 24 hours.
- Solana, Polygon React to SEC's Token Classification BeInCrypto
- SOL is not a security, says the Solana Foundation Cointelegraph
- Solana Foundation Stands Against SEC's SOL Security Classification U.Today
- Solana, Polygon challenge US SEC's classification of SOL and MATIC as securities crypto.news
- Polygon responds to SEC’s litigations, market reacts AMBCrypto News
- View Full Coverage on Google News
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