$Klaytn "KLAY is a utility token, not a security"
#Klaytn (KLAY) announced on its official blog, "Regarding the recent issue of cryptocurrency securities, $KLAY is a utility token, not a security token." Klaytn explained, "We defined KLAY as a 'utility token' through our position paper at the time of mainnet launch in 2019. Our judgment and direction for this have not changed even now."