💥 Cardano (#ADA ) is primarily a cryptocurrency, used for transactions, staking, and smart contracts on the Cardano blockchain. However, in some regulatory
contexts—especially in the U.S.—it may also be viewed as a commodity, similar to Bitcoin or Ethereum. While the SEC has hinted that ADA might be a security, the Cardano team strongly denies this, insisting it functions more like a utility token or digital commodity.
💥 Cryptocurrency investments carry risks. Therefore, this is not financial advice (No BSH recommendation). Hence please do your own research (DYOR) before making
investment decisions.
