The Digital Commerce Chamber seeks to submit an amicus brief in the SEC v. Kraken case

ChainCatcher news, according to official sources, the Chamber of Digital Commerce has submitted a motion seeking to file an amicus brief in the ongoing SEC v. Payward, Inc. (Kraken) case.

The core of this case lies in the SEC's approach to digital assets, and the Chamber's brief argues that this approach has fundamental flaws. The SEC's classification of all digital asset transactions as securities transactions not only misinterprets the law but also poses a serious threat to the future of blockchain technology. The Chamber firmly believes that digital assets are not inherently "investment contracts" and should not be broadly regulated.