[US SEC's Division of Corporate Finance Deems Canton Token CC a Digital Commodity] According to Foresight News, the US Securities and Exchange Commission's (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 SEC 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 from the expectation of profit from the core management efforts of others. Furthermore, the network has no centralized controller.