Chainlink, Cardano and other industry groups have asked the Securities and Exchange Commission (SEC) to clarify how securities laws apply to digital assets. Their letter seeks greater clarity on secondary-market transactions, as well as the treatment of staking and other activities associated with decentralized blockchain networks. The SEC’s proposed crypto framework, introduced in August, drew roughly 140 public comments over 60 days. Industry participants and legal scholars offered competing views on proposed exemptions for crypto offerings and a conditional safe harbor for certain tokens.
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