🤓 The #Solana #Foundation said that SOL is not a security and called on regulators for a constructive partnership

The Solana Foundation said they do not agree with the characterization of SOL as a security.

“We welcome the continued engagement of politicians as constructive regulatory partners to achieve legal clarity on these issues for the thousands of digital asset entrepreneurs across the US. Solana's developer community is the strongest in the industry and continues to create exceptional projects and products. The Solana Foundation remains committed to those who build for the long term to continue building the best blockchain for the decentralized future,” the company said.