CTF Written Submission

Re: Comments on Commissioner Hester M. Peirce’s Statement / Crypto Task Force Questionnaire

April 22, 2025
  • The Cardano Foundation advocates for a functional and risk-based taxonomy for blockchain assets, arguing against using decentralization as a criterion for determining whether a blockchain asset is a security.
  • The Foundation emphasizes the importance of regulatory interoperability, suggesting that the SEC align U.S. frameworks with international standards like MiCAR.
  • The Foundation proposes a technology-neutral approach to tokenization, highlighting its potential to enhance market efficiency and transparency.

Last Reviewed or Updated: April 22, 2025