{"id":176811,"date":"2023-06-12T17:39:23","date_gmt":"2023-06-12T17:39:23","guid":{"rendered":"https:\/\/precoinnews.com\/?p=176811"},"modified":"2023-06-12T17:39:23","modified_gmt":"2023-06-12T17:39:23","slug":"crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/altcoins\/crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities\/","title":{"rendered":"Crypto Foundations Refute SEC Claims That SOL, ADA, and MATIC Are Securities"},"content":{"rendered":"

<\/p>\n

The Solana Foundation “disagrees with the characterization of SOL as a security”, a thread published on June 10 reads. In addition, the SOL Foundation does not expect the SEC’s claims will disrupt developer activity. The Foundation also called on U.S. policymakers to focus clearer rules for the benefit of investors and providers alike. The coin was down 1.02% on Monday, per CMC data.<\/p>\n

“Under no circumstances was ADA a security,” said Cardano developer IOG on June 9. IOD added that the SEC’s claims were riddled with inaccuracies. ADA exchanged hands for $0.27, up over 4% over a 24-hour period, TradingView data showed.<\/p>\n

SOL, ADA, and MATIC are three tokens in a basket of cryptos classified as securities by the U.S. SEC in lawsuits against Binance and Coinbase. Aside from the price dip that followed the news of the suits and delisting on Robinhood, it’s yet unclear the ramifications of the SEC’s claims that certain cryptocurrencies are securities and must be registered with the commission. <\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Solana Foundation “disagrees with the characterization<\/p>\n","protected":false},"author":3,"featured_media":176810,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"yoast_head":"\nCrypto Foundations Refute SEC Claims That SOL, ADA, and MATIC Are Securities - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/altcoins\/crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Foundations Refute SEC Claims That SOL, ADA, and MATIC Are Securities - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"The Solana Foundation “disagrees with the characterization\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/altcoins\/crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-12T17:39:23+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2023\/06\/Crypto-Foundations-Refute-SEC-Claims-That-SOL-ADA-and-MATIC-Are-Securities-.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/altcoins\/crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities\/\",\"url\":\"https:\/\/precoinnews.com\/altcoins\/crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities\/\",\"name\":\"Crypto Foundations Refute SEC Claims That SOL, ADA, and MATIC Are Securities - Pre Coin News\",\"isPartOf\":{\"@id\":\"https:\/\/precoinnews.com\/#website\"},\"datePublished\":\"2023-06-12T17:39:23+00:00\",\"dateModified\":\"2023-06-12T17:39:23+00:00\",\"author\":{\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/precoinnews.com\/altcoins\/crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/precoinnews.com\/altcoins\/crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/precoinnews.com\/altcoins\/crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/precoinnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Altcoins\",\"item\":\"https:\/\/precoinnews.com\/category\/altcoins\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Crypto Foundations Refute SEC Claims That SOL, ADA, and MATIC Are Securities\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/precoinnews.com\/#website\",\"url\":\"https:\/\/precoinnews.com\/\",\"name\":\"Pre Coin News\",\"description\":\"precoinnews.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/precoinnews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Crypto Foundations Refute SEC Claims That SOL, ADA, and MATIC Are Securities - Pre Coin News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/precoinnews.com\/altcoins\/crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities\/","og_locale":"en_US","og_type":"article","og_title":"Crypto Foundations Refute SEC Claims That SOL, ADA, and MATIC Are Securities - Pre Coin News","og_description":"The Solana Foundation “disagrees with the characterization","og_url":"https:\/\/precoinnews.com\/altcoins\/crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities\/","og_site_name":"Pre Coin News","article_published_time":"2023-06-12T17:39:23+00:00","author":"mediabest","twitter_card":"summary_large_image","twitter_image":"https:\/\/precoinnews.com\/wp-content\/uploads\/2023\/06\/Crypto-Foundations-Refute-SEC-Claims-That-SOL-ADA-and-MATIC-Are-Securities-.jpg","twitter_misc":{"Written by":"mediabest","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/precoinnews.com\/altcoins\/crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities\/","url":"https:\/\/precoinnews.com\/altcoins\/crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities\/","name":"Crypto Foundations Refute SEC Claims That SOL, ADA, and MATIC Are Securities - Pre Coin News","isPartOf":{"@id":"https:\/\/precoinnews.com\/#website"},"datePublished":"2023-06-12T17:39:23+00:00","dateModified":"2023-06-12T17:39:23+00:00","author":{"@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/precoinnews.com\/altcoins\/crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/precoinnews.com\/altcoins\/crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/precoinnews.com\/altcoins\/crypto-foundations-refute-sec-claims-that-sol-ada-and-matic-are-securities\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/precoinnews.com\/"},{"@type":"ListItem","position":2,"name":"Altcoins","item":"https:\/\/precoinnews.com\/category\/altcoins\/"},{"@type":"ListItem","position":3,"name":"Crypto Foundations Refute SEC Claims That SOL, ADA, and MATIC Are Securities"}]},{"@type":"WebSite","@id":"https:\/\/precoinnews.com\/#website","url":"https:\/\/precoinnews.com\/","name":"Pre Coin News","description":"precoinnews.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/precoinnews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/176811"}],"collection":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/comments?post=176811"}],"version-history":[{"count":0,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/176811\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media\/176810"}],"wp:attachment":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media?parent=176811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/categories?post=176811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/tags?post=176811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}