Chainlink, Cardano and other blockchain groups are pushing the SEC for clearer crypto rules. The ask is definitional clarity, and any signal the SEC will write rules instead of enforce by precedent is

What happened: Six blockchain organizations, including Chainlink Labs and the Cardano Foundation, sent a joint letter urging the SEC to formally classify digital commodities as non-securities in its proposed crypto framework. Key numbers: Joint letter dated Oct. 20. SEC framework introduced in August. About 140 public comments over 60 days. Why it matters: The groups argue interpretive guidance alone leaves market participants facing legal uncertainty, and they seek clarity on secondary-market transactions, staking, and decentralized network activities.

Six blockchain organizations, including Chainlink Labs and the Cardano Foundation, sent a joint letter urging the SEC to formally classify digital commodities as non-securities in its proposed crypto framework.

The groups argue interpretive guidance alone leaves market participants facing legal uncertainty, and they seek clarity on secondary-market transactions, staking, and decentralized network activities.