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

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

Photo: CoinTurk News

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.

Source: CoinTurk News

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