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Top crypto networks urge SEC to formalize digital commodity rules for clearer regulation.

Market News
21 Oct 2026
Dailycoin
View Source
Bullish
Top crypto networks urge SEC to formalize digital commodity rules for clearer regulation.

Leading crypto networks including Cardano, Chainlink, Hedera, Stellar, Aptos, and Avalanche have jointly requested the U.S. SEC to codify its digital commodity framework into binding regulation rather than leaving it as explanatory guidance. Their goal is to embed the definition of "digital commodity" and its non-security status directly into the operative text, providing lasting legal certainty for projects operating in the U.S. This move aims to reduce regulatory risks and clarify that secondary market sales of these commodities are not investment contracts. The SEC's decision on this request will impact the regulatory landscape amid ongoing market caution and recent price rebounds in cryptocurrencies like Bitcoin.

Cardano leads with a market cap of Rp151.47 trillion and a 3.11% price increase on Pluang as of Oct 22, 2026 02:51 WIB. This comes as major crypto networks including Cardano and Stellar push the SEC to formalize digital commodity rules, aiming to reduce regulatory uncertainty. Stellar’s price also rose 3.32% to Rp3,333, reflecting ongoing investor interest amid regulatory discussions. Meanwhile, Hedera trades at Rp1,537 with a 2.47% gain, showing steady activity on the platform.

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