In the latest digital currency news regarding the US Securities and Exchange Commission’s complaint against two active exchanges, Binance and Coinbase, the developers of two cryptocurrencies, Solana and Cardano, rejected the claims of the Securities Commission.
This news report, which was also quoted on the CoinDesk website, accused the US Securities and Exchange Commission of Binance and Coinbase of offering unregistered securities, which included two cryptocurrencies in the new list that the Securities Exchange Commission presented of tokens that are securities. Solana and Cardano are also seen.
The reaction of Solana developers to the claims of the US Securities and Exchange Commission
Solana Foundation firmly believes that Solana is not a security, Solana is a native blockchain token, Solana project is a decentralized, open source and powerful software.
Cardano’s reaction to the securities of this currency by the Exchange Commission
Cardano developers reject the commission’s claim and in this regard they say that the commission’s claim has no effect on their performance because there are many mistakes in the US Securities Commission’s claim.
In this context, log company states that Cardano is not and has never been a security. Understanding the decentralization of the blockchain ecosystem is an essential part of the rules.
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