The Solana Foundation is challenging the SEC's classification of its SOL token as an unregistered security. The SEC has filed lawsuits against Binance.US and Coinbase for trading Crypto Asset Securities, including SOL. However, the Solana community at a recent event in New York City appeared unconcerned with the regulatory issues. The SEC also identified several other tokens, including Cardano, Polygon, and Filecoin, as securities in its lawsuits against Binance.US and Coinbase.
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Solana Foundation Disputes SEC Classification of SOL Token As Unregistered Security
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