Six blockchain groups urge SEC to clarify digital commodity rules and staking policy

Six prominent blockchain organizations have called on the US Securities and Exchange Commission (SEC) to clearly define digital commodities as non-securities. Their joint request also pressed regulators to clarify rules regarding staking services and secondary trading of digital assets. The request was outlined in a letter signed by Chainlink Labs, the Cardano Foundation, Hedera, Aptos Labs, Ava Labs, and the Stellar Development Foundation. These organizations each play a key role in the development and governance of leading blockchain networks, driving advancements in decentralized finance and digital asset infrastructure. The six groups urged the SEC to formally adopt ‘digital commodity’ classification as a core part of its proposed Regulation Crypto Assets framework, instead of only offering interpretive guidance.

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