Update
SEC Ruling Lifts Regulatory Barrier for Canton Network
US securities regulators, the Securities and Exchange Commission (SEC), have announced that they will not recommend enforcement action against certain network participants of the Canton Network that earn newly minted Canton Coin (CC) for operating infrastructure and applications without registering those activities under federal securities laws. This decision, which took effect on the Nov. 3 decision, removes a significant regulatory obstacle for the institutional blockchain network. The decision was praised by Miles Jennings, head of policy and general counsel at Andreessen Horowitz's a16z Frontier, who argued that the ruling establishes a broader regulatory pathway for blockchain projects. The developments have created a clear pathway out of securities laws, with the SEC applying its March 2026 crypto asset framework to Canton, a blockchain designed to support transactions between financial institutions while preserving commercial privacy.