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Cardano Foundation joins five other blockchain groups urging SEC to lock in digital commodity definition

By John Chen

The push for a formal digital commodity definition could stabilize regulatory environments, fostering innovation and clarity in the crypto sector. The post Cardano Foundation joins five other blockchain groups urging SEC to lock in digital commodity definition appeared first on Crypto Briefing.

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Blockchain

A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.

It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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