SEC Retracts Securities Classification for MATIC, ADA, and SOL
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According to Michaël van de Poppe, the SEC initially classified tokens like MATIC, ADA, and SOL as securities. However, they have since retracted this classification in their case against Binance, suggesting a potential change in their stance towards these projects. If these tokens are no longer considered securities, it is positive news for the market.
SourceMichaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast