The U.S. Securities and Exchange Commission (SEC) may soon have a clearer framework thanks to Nasdaq’s recent proposal. According to Odaily, Nasdaq has formally submitted a letter to the SEC outlining a proposed taxonomy for digital assets in the United States. This initiative aims to categorize digital assets into four major groups that will streamline regulatory clarity across the industry. Nasdaq believes this categorization will directly assist in identifying appropriate regulatory bodies, with securities-related assets falling under the purview of the SEC and commodity-related assets under the Commodity Futures Trading Commission (CFTC). The proposal goes further by recommending that both regulatory agencies develop unified trading rules for various categories of digital assets.