Here is what the page “Chainlink, Cardano, and Blockchain Groups Urge SEC to Classify Digital Commodities as Non-” contains. Six major blockchain organizations, including Chainlink and Cardano, have formally petitioned the U.S. Securities and Exchange Commission (SEC) to clarify that digital commodities are not securities. In a joint submission regarding the SEC's proposed regulatory framework, the groups argue that tokens functioning as commodities—such as those used for payments or network access—should be explicitly excluded from securities laws.
This move highlights the industry's push for clearer rules that distinguish between investment contracts and utility tokens, which could reduce legal uncertainty for developers and businesses. The organizations contend that without such clarity, innovation may be stifled and projects could move overseas. The SEC has yet to respond, but this coalition represents a significant portion of the blockchain sector. For the complete material, the listing points back to the source inside the network.
