Following the call from Commissioner Hester M. Peirce and the @SECGov Crypto Task Force, Cardano Foundation has contributed to the U.S. SEC Crypto Task Force questionnaire.
As the regulatory landscape evolves, we believe there is a way forward—one that fosters innovation, clarity, and global interoperability.
Our submission advocates for some key pillars:
✅ A functional, risk-based taxonomy, avoiding decentralization as a legal criteria in determining whether a blockchain asset is a security for U.S. federal security law purposes
✅ Greater global interoperability by aligning U.S. frameworks with those of other jurisdictions such as MiCAR in the EU
✅ A technology-neutral approach to tokenization, emphasizing its potential to enhance market efficiency and transparency
✅ Introduces a constructive perspective on outsourcing, proposing a proportionate, function-focused model for public, permissionless infrastructures like Cardano
Read our full submission here:
