[US SEC Deems Canton Coin a Digital Commodity] According to Jinse Finance, on November 4th, the US Securities and Exchange Commission (SEC) Division of Corporate Finance issued a no-objection letter stating that it considers Canton Network's native token, Canton Coin (CC), to be a "digital commodity." Under certain conditions, it will not recommend enforcement action against the programmatic issuance of CC. The division stated that CC is closely related to the programmatic operation of the Canton Network, and its value derives from network operation and supply and demand, rather than the expected profit from the core management efforts of others. Furthermore, the network has no centralized controller. Canton Network subsequently posted on the X platform, citing the aforementioned no-objection letter.