Chainlink, Cardano, other blockchain groups push SEC for clearer crypto rules
Six major blockchain organizations, including groups tied to Chainlink and Cardano, have asked the SEC to formally classify digital commodities as non-securities within its proposed regulatory framework. The push is a lobbying effort rather than a binding decision, so no rule has actually changed yet. Traders would care because any SEC acknowledgment of a commodity carve-out could reduce legal risk for tokens like LINK and ADA, but the immediate market impact is limited until the agency responds.