Six Blockchain Groups Ask SEC to Put Digital Commodity Definition in Rule

Six blockchain organizations have asked the SEC to put its digital commodity definition in the binding text of a proposed crypto rule, seeking clearer legal treatment for public blockchain developers and other participants. Stellar Development Foundation, Hedera, Aptos Labs, Ava Labs, Cardano Foundation and Chainlink Labs made the joint request in a comment on Regulation Crypto Assets. They also want the rule to state that a digital commodity is not itself a security. The SEC outlined a digital commodity category in its March 2026 interpretation of federal securities law. The groups say the definition appears in the proposed rule’s preamble but is absent from the provisions that would carry binding force.

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