Chainlink, Cardano, Hedera, Avalanche, Stellar & Aptos Urge SEC to Codify Digital Commodity Status

Six blockchain groups including Hedera, Chainlink, Aptos, Ava Labs, Stellar, and Cardano Foundation urge the SEC to codify digital commodity status into binding regulation rather than guidance. The push aims to classify tokens like HBAR and LINK as non-securities under a formal rule, clarifying their use in fees, staking, and governance. The letter follows the March 2026 SEC interpretation and seeks regulatory certainty to support U.S. crypto innovation amid ongoing rulemaking and comment periods.