The Web3 Foundation in a recent press release, came at SEC regarding the DOT, stating the regulator should not classify it as a security. According to the foundation, DOT is just a mere software.
![web3-foundation-to-sec:-polkadot-(dot)-is-not-a-security](https://swapcryptos.net/wp-content/uploads/2022/11/20840/web3-foundation-to-sec-polkadot-dot-is-not-a-security-900x550.jpg)
Web3 Foundation to SEC: Polkadot (DOT) is not a Security
06/11/2022
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