Latest news: SEC's stance on SOL remains unchanged

On July 31, Jake Chervinsky, chief legal officer of cryptocurrency-focused venture capital firm Variant Fund, posted on social media that there is currently no reason to believe that the U.S. Securities and Exchange Commission (SEC) has characterized SOL as a non-security.

Chervinsky pointed out that in the Binance case, the SEC's reluctance to investigate more than a dozen tokens seemed to be just a litigation strategy rather than a policy shift. It is worth noting that the SEC still refers to these tokens as securities in other trading cases.

Market Outlook

🔍 Important impact: The SEC's stance on tokens such as SOL has not changed, which may continue to affect the market performance and investor confidence of these tokens. Investors should pay close attention to regulatory developments and adjust their investment strategies reasonably.

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