Web3 Foundation makes bold claim to SEC: ‘DOT is not a security. It is merely software’

by Aurelia Butler 6 November 2022, 23:40 199 Views

In a Nov. 4 blog post, the Web3 Foundation Team’s chief legal officer Daniel Schoenberger said Polkadot’s native token had “morphed” and was “software” rather than a security. Schoenberger said the claim was “consistent with the views” it had shared with the SEC following discussions it began in November 2019.

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Web3 Foundation makes bold claim to SEC: ‘DOT is not a security. It is merely software’

Chinese chip designers slow down processors to avoid US sanctions

Apple supplier Foxconn says working to resume China production as soon as possible

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