Six blockchain organizations, including Chainlink and Cardano, are urging the U.S. Securities and Exchange Commission to formally recognize digital commodities as non-securities within its proposed regulatory framework, according to Techub, citing Cointelegraph. The request centers on how crypto assets should be classified under U.S. rules and calls for clearer boundaries in the SEC’s approach. The groups’ position focuses on securing explicit treatment for digital commodities rather than leaving their status open to interpretation. The report did not name the other organizations involved or provide additional details on the proposal beyond the call for formal recognition. The development adds to the ongoing debate over how U.S. regulators should distinguish between securities and other types of digital assets.
Six blockchain organizations, among them Chainlink and Cardano, are pressing the U.S. Securities and Exchange Commission to explicitly treat digital commodities as non-securities under its proposed regulatory framework, Techub reported, citing Cointelegraph.
The ask centers on the way crypto assets get classified and calls for clearer SEC rules on how they should be treated.
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