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Crypto Projects Solana, Cardano, and Polygon Defend Against SEC's Security Label

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Source: Decrypt
Crypto Projects Solana, Cardano, and Polygon Defend Against SEC's Security Label
Photo: Decrypt
TL;DR Summary

Solana, Polygon, and Cardano have pushed back against the SEC's recent claims that they are securities, with each organization defending their respective tokens' regulatory status. The SEC named the three tokens among others as examples of securities being offered and traded on allegedly non-compliant crypto exchanges as part of its lawsuits against Binance and Coinbase. The three tokens have a combined market capitalization of over $21 billion. Since the SEC's regulatory actions, Robinhood has said it will end support for Solana, Polygon, and Cardano.

Topics:business#cardano#cryptocurrency-regulation#lawsuits#polygon#sec#solana
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  1. Solana, Cardano, Polygon Push Back Against SEC 'Security' Label  Decrypt
  2. Solana, Polygon React to SEC's Token Classification  BeInCrypto
  3. Polygon, Solana Join Cardano in Dismissing the SEC’s Allegations  CryptoPotato
  4. Polygon responds to SEC’s litigations, market reacts  AMBCrypto News
  5. SOL is not a security, says the Solana Foundation  Cointelegraph

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