Six Major Crypto Networks Push SEC to Put Commodity Status in the Rule

By Isaac • October 21, 2026 8:04 pm •

Six major blockchain organizations are asking the Securities and Exchange Commission to turn one of its most important crypto classifications into binding rule text.

The coalition includes Chainlink Labs, the Cardano Foundation, Hedera, Aptos Labs, Ava Labs and the Stellar Development Foundation. Together, they want the SEC’s proposed Regulation Crypto Assets to say directly that a digital commodity is not itself a security.

That may sound like a technical edit. It is not.

The difference between language in an agency explanation and language in the operative rule can decide how durable that treatment remains when leadership, enforcement priorities or courts change.

Cointelegraph reports that the six groups submitted a joint comment as the public consultation closed,