The SEC requires Grayscale to withdraw its application for the FIL trust, stating that FIL "meets the definition of a security."
ChainCatcher news, Grayscale has received a comment letter from the U.S. Securities and Exchange Commission (SEC) stating that FIL "meets the definition of a security," and has requested the withdrawal of its application to launch the Filecoin (FIL) trust product. (Source link)
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