Chainlink 
$19.40 Labs announced that the US Securities and Stock Exchange Commission (SEC) has joined the Crypto Task Force. Following this development, Chainlink’s local token LINK’s price increased. The main reason for Chainlink’s participation in the task was to contribute to the discussions carried out in order to export tokenized assets in accordance with the legislation and to determine the standards of purchase and sale.
Chainlink’s participation and justification
In a statement made by Chainlink, it was emphasized that the ability to reach the full potential of the bloczinciri sector and to attract institutional capital depends on meeting regulatory requirements.
It is necessary to meet the regulatory requirements in order to reach the full potential of the bloczinciri industry and to benefit from institutional capital. Just chainlink; Compatibility, confidentiality, inter -network work and data infrastructure on a single platform can provide scaling of digital assets.
The statement also stated that developers and institutions can create and implement compatibility policies in smart contract processes, thanks to Chainlink’s Automatic Compliance Motor (ACE). This technology offers a framework to ensure that tokenized assets remain in accordance with legal regulations in their circulation on the chain.
Recent Developments in Link Price
After Chainlink’s participation in the SEC Crypto Task Force, the LINK Token exhibited a remarkable price movement. During the publication of the news, LINK was traded for $ 17.49. The value increased by 3 percent in the last 24 hours, while the weekly increase has exceeded 12 percent and the monthly increase exceeded 33 percent.
This price increase led to the positive decomposition of LINK despite the decrease in the general crypto market. According to Coingecko data, the general digital asset market decreased by about 3.6 percent in the same period. This showed that Chainlink was sensitive to the news flow.
According to market analysts, Chainlink’s participation in the task may contribute not only to the project, but also to the wider blocking ecosystem and to accelerate standards and accelerating institutional compliance processes. In addition, Chainlink Labs’ technology for compatibility solutions, the adoption of the industry players may be raised.
Role of Chainlink in legal harmony
Experts say that technological solutions for regulatory requirements can play a major role in the gaining legal basis of digital assets. Tools such as Chainlink’s automatic compliance engine aim to use smart contracts in accordance with the legislation and to automate these processes.
The necessity of compliance with the relevant laws and standards in order to ensure that corporate investors are more involved in the market and the adoption of tokenized assets remain on the agenda. Chainlink’s initiatives in this field may be the beginning of a new era in the sector.
Chainlink Labs is considered as an important step in cooperation with the Second Crypto Task Force, the company provides the company’s own technologies and becomes one of the standard determinant actors in the sector. Developments are expected to continue to affect both the Link price and the over -chain ecosystem.
Chainlink’s cooperation with the US SEC draws attention to the importance of legislation compliance in the digital asset market. This development can pave the way for more effective integration of crypto assets with regulatory processes. Authorizing legal requirements in the above chain economy may increase the interest of new investors and corporate capital to the sector. Such initiatives may have the potential to identify standards and contribute to the determination of new road maps in the sector.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
