According to Cointelegraph, six major blockchain organizations have urged the U.S. Securities and Exchange Commission to provide clearer regulatory guidance regarding the classification of digital assets under its proposed framework.
The groups, including Chainlink and Cardano among others, formally requested that the SEC consider recognizing certain digital commodities as non-securities within its regulatory approach. The request emphasizes a need for explicit clarity in how blockchain‑based tokens are categorized by the agency.
No specific timeline or additional details about implementation were provided in the statement. The organizations aim to help market participants understand applicable rules and reduce uncertainty around compliance.
