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Cryptocurrency News Articles
American Advocacy Group, the Digital Chamber, Recently Announced That Chainlink Labs Has Joined Its Executive Committee
Apr 23, 2025 at 07:27 am
This move has stirred up fresh excitement and discourse among Chainlink proponents. Following the update, experts speculate about its potential impact on future U.S. SEC regulations.
American advocacy group, the Digital Chamber, has recently announced that Chainlink Labs has joined its Executive Committee.
This move has stirred up fresh excitement and discourse among Chainlink proponents.
Following the update, experts are speculating about its potential impact on future U.S. SEC regulations.
There are also questions about whether this development could drive an uptick in LINK’s token price toward the $30 mark.
A Bigger Role for Chainlink in Crypto Policy
The Digital Chamber, a top blockchain advocacy group, announced the news in a recent X post, highlighting Chainlink as the “backbone” of blockchain systems.
It is worth noting that the project has already enabled trillions in transaction value across DeFi, banking, and tokenized assets.
Major institutions like Swift, Euroclear, the Central Bank of Brazil, and DeFi protocols such as Aave and Lido rely on Chainlink for secure data and cross-chain solutions.
“By joining the Chamber’s Executive Committee, Chainlink will be directly involved in shaping blockchain standards and policies,” the statement further explained.
One user on X, Frank, even asked for a full breakdown of all Chamber members, highlighting the community’s interest.
Others were quick to cheer on the news, calling Chainlink a major force in crypto. They also praised its role in creating trustless, transparent systems that could help avoid financial disasters like the 2008 crash.
Could Chainlink Influence Future SEC Crypto Rules?
Chainlink’s growing list of partnerships with financial heavyweights has led to speculation about its potential role in shaping U.S. crypto regulations.
It is worth mentioning that the Digital Chamber frequently collaborates with lawmakers and regulators.
Given Chainlink’s strong ties to traditional finance, it stands out as a likely candidate to assist the U.S. Securities and Exchange Commission in drafting guidelines for digital assets.
According to reports, in 2024, Chainlink collaborated with Swift and UBS Asset Management.
The goal was to process tokenized fund transactions across Swift’s vast network, which includes over 11,500 financial institutions.
Co-founder Sergey Nazarov also spoke at the White House Crypto Summit in March 2025.
Based on general market perception, this is another sign of the project’s growing presence in policy discussions.
While there’s no official word on any direct SEC collaboration, Chainlink’s new position within the Chamber puts it in a strategic spot.
It could help bridge the gap between regulators and the digital asset industry.
LINK Price: Can it Reach $30?
Market data shows that LINK price was trading at $13.83, up nearly 6.25% on the day.
For context, some point to Chainlink’s growing role in the industry and its new ties with the Digital Chamber as reasons for a possible price jump.
Crypto analyst Ali Martinez noted that LINK has moved past its support level of $12.5, setting the stage for a potential rally.
The next big hurdle is the resistance at $14.58. If LINK can break through this point, experts like CRYPTOWZRD believe it could climb to $26.
This could drive its price to a new high of $30. However, Ali also shared that more addresses are holding LINK at a loss than a profit, which might create selling pressure.
Still, the market sentiment remains mixed, with a breakout above $13.20 likely signaling a stronger upward trend.
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