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Five Reasons Why Polygon’s MATIC Token Should Not Be Classified as a Security

The recent decision by the U.S. Securities and Exchange Commission (SEC) to classify Polygon’s MATIC token as a security has sent ripples through the cryptocurrency community. This decision, based on the SEC’s interpretation of the Howey Test, has been met with considerable debate and disagreement. Many argue that the classification

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eToro halts ALGO, MANA, MATIC and DASH purchases for US customers

Retail trading platform eToro has halted purchases of Algorand (ALGO), Decentraland (MANA), Polygon (MATIC), and Dash (DASH) for customers in the United States in response to their labeling as securities in recent SEC lawsuits.The move comes just a few days after competitor Robinhood also halted support for MATIC and two other

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Solana, Polygon challenge US SEC’s classification of SOL and MATIC as securities

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Solana Foundation and Polygon Labs are among the latest entities to push back against the U.S. Securities and Exchange Commission’s (SEC) classification of their respective tokens as securities. Solana Foundation and Polygon Labs push back against

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Crypto trading firm moves $9.8m of polygon tokens to Coinbase, Binance, MATIC price tanking

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Chicago-based crypto trading firm, Cumberland, is moving millions worth of Polygon’s native cryptocurrency, MATIC, to Binance and Coinbase. As of June 10, the trading firm had moved $9.8 million MATIC to the two leading cryptocurrency exchanges. Cumberland

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