Six blockchain groups ask SEC to treat digital commodities as non-securities
Six major blockchain organizations asked the US SEC to formally recognize digital commodities as non-securities in its proposed rules. If the SEC agrees, it could give traders clearer rules on which tokens fall under its oversight.
Why it matters
- Six major blockchain groups are pushing the SEC for clearer crypto rules.
- They want digital commodities formally recognized as non-securities in the proposed framework.
- Clearer classification could shape which tokens face securities rules in the future.
What to watch next
Watch for the SEC's response to the proposed regulatory framework and whether it formally adopts the non-securities treatment for digital commodities.
