Chainlink ($LINK ): Pushes SEC for clearer crypto rules
Six major blockchain organizations, including Chainlink and Cardano, urged the U.S. Securities and Exchange Commission to formally recognize digital commodities as non-securities in its proposed regulatory framework.
The request aims to secure a clear classification that digital assets such as Chainlink would be treated as commodities rather than securities under U.S. law.
A definitive ruling could reduce regulatory uncertainty for developers and investors, influencing how Chainlink and similar projects operate within the American market.
**$LINK **
Six major blockchain organizations, including Chainlink and Cardano, urged the U.S. Securities and Exchange Commission to formally recognize digital commodities as non-securities in its proposed regulatory framework.
The request aims to secure a clear classification that digital assets such as Chainlink would be treated as commodities rather than securities under U.S. law.
A definitive ruling could reduce regulatory uncertainty for developers and investors, influencing how Chainlink and similar projects operate within the American market.
**$LINK **