The US Securities and Exchange Commission (SEC) has made an important announcement for the crypto market. In a recent decision, the SEC confirmed that the Polkadot (DOT) token does not qualify as a security.
This clarification is expected to bring relief to market participants who had been uncertain about DOT's regulatory status. The asset will now be able to move out of the risk zone associated with strict regulation as a security, which may have a positive impact on its long-term growth and appeal to major players.