XLM, HBAR, ADA Networks Urge SEC To Lock In Commodity Rules

A coalition including HBAR, Cardano Foundation, Stellar, Chainlink, Aptos, and Ava Labs urged the SEC to codify the digital commodity framework into binding regulation, defining 'digital commodity' in operative text and clarifying non-security status. The move aims for lasting certainty and reduces policy shifts, seeking amendments such as a presumption that secondary sales of identified digital commodities do not involve investment contracts. The development signals industry-wide policy alignment but awaits SEC action and broader CFTC context.