Hedera joins industry push for SEC clarity, HBAR still lacks income rights

Hedera, the blockchain network known for its enterprise council governance, is seeking clearer regulatory guidelines for its native token HBAR. However, recent discussions have emphasized that regulatory clarity would not give HBAR holders any claim to the network’s income. On October 20, Hedera joined other industry participants—including Aptos Labs, Ava Labs, Stellar Development Foundation, Cardano Foundation, and Chainlink Labs—in a joint letter addressed to the US Securities and Exchange Commission (SEC). The signatories urged the SEC to formalize a digital-commodity definition in binding rule text, seeking greater regulatory certainty for token issuers and market participants. This collective effort responds to the SEC’s March communication, which cited HBAR among cryptocurrencies serving as “illustrations” in discussions of regulatory scope, according to SEC Chairman Paul Atkins.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.