USHouseMarketStructureDraft
The U.S. House’s latest market structure discussion draft clarifies that “digital commodities” are not considered securities under certain conditions. Could this boost liquidity and compliance in secondary markets? If such rules are enacted, would it mean more tokens could avoid securities-related regulatory disputes? What’s your take? Join the discussion!
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New U.S. House Draft Clarifies Digital Commodity Transactions
According to Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets. In essence, buying and selling digital commodities on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale confers ownership or claims to the company's profits or assets.
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The Market Structure and Digital Asset Transactions and Their Relation to Securities and Their Connection to the Rights of the Issuer's Business, Its Profits, or Its Assets at Its Core - Activating Securities Law
According to Odaily, a new draft to discuss the market structure from the U.S. House of Representatives aims to clarify the classification of digital asset transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions related to the sale of digital assets do not constitute securities, provided that they do not grant the buyer ownership rights in the issuer's business, its profits, or its assets. At its core, buying and selling digital assets in the secondary market, as opposed to purchasing directly from the issuer, will not automatically activate U.S. securities laws unless the transaction grants ownership or claims to the profits or assets of the company.
According to Odaily, a new draft to discuss the market structure from the U.S. House of Representatives aims to clarify the classification of digital asset transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions related to the sale of digital assets do not constitute securities, provided that they do not grant the buyer ownership rights in the issuer's business, its profits, or its assets. At its core, buying and selling digital assets in the secondary market, as opposed to purchasing directly from the issuer, will not automatically activate U.S. securities laws unless the transaction grants ownership or claims to the profits or assets of the company.
#USHouseMarketStructureDraft
#USHouseMarketStructureDraft New U.S. House Draft Clarifies Digital Commodity Transactions
AI Summary
According to Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets. In essence, buying and selling digital commodities on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale confers ownership or claims to the company's profits or assets.
#USHouseMarketStructureDraft New U.S. House Draft Clarifies Digital Commodity Transactions
AI Summary
According to Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets. In essence, buying and selling digital commodities on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale confers ownership or claims to the company's profits or assets.
#USHouseMarketStructureDraft New U.S. House Draft Clarifies Digital Commodity Transactions
AI Summary
According to Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets. In essence, buying and selling digital commodities on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale confers ownership or claims to the company's profits or assets.
AI Summary
According to Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets. In essence, buying and selling digital commodities on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale confers ownership or claims to the company's profits or assets.
#USHouseMarketStructureDraft
With the Fed’s May FOMC meeting approaching, CME “FedWatch” data shows only a 2.7% probability of a 25 bps rate cut in May. As rate cut expectations continue to be pushed back, how should investors adjust their crypto and risk asset allocations? Join the discussion!
#USHouseMarketStructureDraft
The U.S. House’s latest market structure discussion draft clarifies that “digital commodities” are not considered securities under certain conditions. Could this boost liquidity and compliance in secondary markets? If such rules are enacted, would it mean more tokens could avoid securities-related regulatory disputes? What’s your take? Join the discussion!
👉 Create a post with the #USHouseMarketStructureDraft , #FOMCMeeting or the $BTC cashtag, or share your trader’s profile and insights to earn Binance points!
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Activity period: 2025-05-06 06:00 (UTC) to 2025-05-07 06:00 (UTC)
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With the Fed’s May FOMC meeting approaching, CME “FedWatch” data shows only a 2.7% probability of a 25 bps rate cut in May. As rate cut expectations continue to be pushed back, how should investors adjust their crypto and risk asset allocations? Join the discussion!
#USHouseMarketStructureDraft
The U.S. House’s latest market structure discussion draft clarifies that “digital commodities” are not considered securities under certain conditions. Could this boost liquidity and compliance in secondary markets? If such rules are enacted, would it mean more tokens could avoid securities-related regulatory disputes? What’s your take? Join the discussion!
👉 Create a post with the #USHouseMarketStructureDraft , #FOMCMeeting or the $BTC cashtag, or share your trader’s profile and insights to earn Binance points!
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-05-06 06:00 (UTC) to 2025-05-07 06:00 (UTC)
Points rewards are first-come, first-served. Daily check-in points have been replenished, so be sure to claim your points daily!
#USHouseMarketStructureDraft
The U.S. House Market Structure Draft refers to proposed legislation aimed at reforming how financial markets operate in the United States. It is designed to improve transparency, fairness, and efficiency in trading systems, especially for stocks and other securities. The draft focuses on key issues such as order execution, payment for order flow (PFOF), and access to market data.
One of the main goals of the draft is to ensure that retail investors receive the best possible price when buying or selling securities. Currently, brokers often sell their order flow to large firms, which may create conflicts of interest. The draft seeks to regulate or eliminate such practices, ensuring more direct and competitive trading.
The U.S. House Market Structure Draft refers to proposed legislation aimed at reforming how financial markets operate in the United States. It is designed to improve transparency, fairness, and efficiency in trading systems, especially for stocks and other securities. The draft focuses on key issues such as order execution, payment for order flow (PFOF), and access to market data.
One of the main goals of the draft is to ensure that retail investors receive the best possible price when buying or selling securities. Currently, brokers often sell their order flow to large firms, which may create conflicts of interest. The draft seeks to regulate or eliminate such practices, ensuring more direct and competitive trading.
#USHouseMarketStructureDraft
According to Odaily, a new draft on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft states on page 49 that transactions involving the sale of digital commodities are not considered securities, as long as they do not grant ownership rights to the buyer in the business, profits, or assets of the issuer. In essence, buying and selling digital commodities in the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale grants ownership or a claim on the profits or assets of the company.
According to Odaily, a new draft on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft states on page 49 that transactions involving the sale of digital commodities are not considered securities, as long as they do not grant ownership rights to the buyer in the business, profits, or assets of the issuer. In essence, buying and selling digital commodities in the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale grants ownership or a claim on the profits or assets of the company.
#USHouseMarketStructureDraft
The US House Market Structure Draft refers to a discussion draft released by Chairmen Patrick McHenry and Glenn Thompson of the House Financial Services and Agriculture Committees, respectively. This draft proposes a statutory framework for digital asset regulation, aiming to provide clarity, fill regulatory gaps, and foster innovation while ensuring consumer protection.
The US House Market Structure Draft refers to a discussion draft released by Chairmen Patrick McHenry and Glenn Thompson of the House Financial Services and Agriculture Committees, respectively. This draft proposes a statutory framework for digital asset regulation, aiming to provide clarity, fill regulatory gaps, and foster innovation while ensuring consumer protection.
#USHouseMarketStructureDraft - The conversation around reshaping the US housing market continues with the release of the latest draft proposals. Discussions are focusing on affordability, accessibility, and the role of various market participants. Key areas likely include mortgage finance, regulatory frameworks, and strategies to address housing shortages. Stakeholders are now poring over the details, anticipating potential impacts on buyers, sellers, and the broader economy. This draft could pave the way for significant changes. #USHouseMarketStructureDraft
#USHouseMarketStructureDraft
The recent discussion draft on the US House Market Structure concerning digital assets, unveiled on May 5, 2025, by House Republicans, signifies a crucial step towards establishing a comprehensive regulatory framework for the burgeoning digital asset ecosystem within the United States. This draft legislation aims to provide much-needed clarity to market participants, foster innovation, and ensure consumer protection by delineating the responsibilities of key regulatory bodies such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). A significant aspect of the draft is its attempt to distinguish between digital assets that should be treated as securities and those that qualify as digital commodities, a distinction that has long been a point of contention and uncertainty in the crypto industry.
One of the key provisions of this discussion draft is the clarification regarding when the sale of a digital commodity constitutes a security transaction. Specifically, the draft stipulates that secondary market sales of digital commodities will not be considered securities transactions unless the purchase grants the buyer an ownership stake, a share in the issuer's profits, or rights to the company's assets.
The recent discussion draft on the US House Market Structure concerning digital assets, unveiled on May 5, 2025, by House Republicans, signifies a crucial step towards establishing a comprehensive regulatory framework for the burgeoning digital asset ecosystem within the United States. This draft legislation aims to provide much-needed clarity to market participants, foster innovation, and ensure consumer protection by delineating the responsibilities of key regulatory bodies such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). A significant aspect of the draft is its attempt to distinguish between digital assets that should be treated as securities and those that qualify as digital commodities, a distinction that has long been a point of contention and uncertainty in the crypto industry.
One of the key provisions of this discussion draft is the clarification regarding when the sale of a digital commodity constitutes a security transaction. Specifically, the draft stipulates that secondary market sales of digital commodities will not be considered securities transactions unless the purchase grants the buyer an ownership stake, a share in the issuer's profits, or rights to the company's assets.
#USHouseMarketStructureDraft The U.S. House Market Structure Draft refers to proposed legislation aimed at reforming how financial markets operate in the United States. It is designed to improve transparency, fairness, and efficiency in trading systems, especially for stocks and other securities.
#USHouseMarketStructureDraft
According to Odaily, a new draft on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft states on page 49 that transactions involving the sale of digital commodities are not considered securities, as long as they do not grant ownership rights to the buyer in the business, profits, or assets of the issuer. In essence, buying and selling digital commodities in the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale grants ownership or a claim on the profits or assets of the company.
According to Odaily, a new draft on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft states on page 49 that transactions involving the sale of digital commodities are not considered securities, as long as they do not grant ownership rights to the buyer in the business, profits, or assets of the issuer. In essence, buying and selling digital commodities in the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale grants ownership or a claim on the profits or assets of the company.
#USHouseMarketStructureDraft
The U.S. House’s latest market structure discussion draft clarifies that “digital commodities” are not considered securities under certain conditions. Could this boost liquidity and compliance in secondary markets? If such rules are enacted, would it mean more tokens could avoid securities-related regulatory disputes? What’s your take? Join the discussion!
The U.S. House’s latest market structure discussion draft clarifies that “digital commodities” are not considered securities under certain conditions. Could this boost liquidity and compliance in secondary markets? If such rules are enacted, would it mean more tokens could avoid securities-related regulatory disputes? What’s your take? Join the discussion!
🇺🇸 New U.S. Draft Sheds Light on Crypto Classification
Source: Odaily, via Forbes’ Eleanor Terrett
🧾 A fresh draft from the U.S. House of Representatives aims to clarify the regulatory framework around digital assets and their market structure.
📘 According to page 49 of the document (shared by Forbes journalist Eleanor Terrett), digital commodity sales will not be treated as securities—provided:
❌ The buyer does not receive:
🏢 Ownership in the issuer’s business
💰 Rights to profits
🏦 Claims on the issuer’s assets
🔁 In simpler terms: Trading crypto on secondary markets (like exchanges) will not automatically trigger U.S. securities laws, unless it includes equity-like rights.
---
⚠️ Disclaimer:
This content is for informational purposes only and does not constitute legal or financial advice.
📜 Regulatory interpretations may change—consult with a legal or compliance professional for specific guidance.
#USHouseMarketStructureDraft
Source: Odaily, via Forbes’ Eleanor Terrett
🧾 A fresh draft from the U.S. House of Representatives aims to clarify the regulatory framework around digital assets and their market structure.
📘 According to page 49 of the document (shared by Forbes journalist Eleanor Terrett), digital commodity sales will not be treated as securities—provided:
❌ The buyer does not receive:
🏢 Ownership in the issuer’s business
💰 Rights to profits
🏦 Claims on the issuer’s assets
🔁 In simpler terms: Trading crypto on secondary markets (like exchanges) will not automatically trigger U.S. securities laws, unless it includes equity-like rights.
---
⚠️ Disclaimer:
This content is for informational purposes only and does not constitute legal or financial advice.
📜 Regulatory interpretations may change—consult with a legal or compliance professional for specific guidance.
#USHouseMarketStructureDraft
TODAY: The US House Financial Services Committee has released a discussion draft on the new crypto market structure bill.
#USHouseMarketStructureDraft
#USHouseMarketStructureDraft
#USHouseMarketStructureDraft
#USHouseMarketStructureDraft
The US House of Representatives has released a discussion draft for a crypto market structure bill, aiming to establish a regulatory framework for digital assets. Here's what's included¹ ²:
- Regulatory Roles: The Securities and Exchange Commission (SEC) will oversee digital assets considered investment contracts, while the Commodity Futures Trading Commission (CFTC) will regulate digital commodities and spot markets.
- Decentralization Test: A project is considered decentralized if no single party has unilateral control, and if any party holds more than 10% of the token supply, they must disclose this information while the network remains centralized.
- Investor Access: The bill removes wealth and income restrictions for retail investors, allowing broader access to digital asset markets.
- Stablecoin Definition: Stablecoins are defined under the draft bill without being categorized as securities, but a separate stablecoin bill has faced resistance in the Senate.
- Tax Reform: There's growing discussion around changing the tax treatment of crypto transactions, with some industry voices calling for eliminating capital gains tax on Bitcoin to enable its use as currency.
The bill's implications³:
- Clearer Regulations: The draft aims to provide regulatory clarity for the digital asset ecosystem, protecting consumers and fostering innovation.
- CFTC Dominance: The bill would make the CFTC the dominant crypto regulator, although the SEC would retain jurisdiction until decentralization is proven.
- Industry Feedback: The House committees are seeking public feedback on the discussion draft to refine and advance the bill.
Key supporters of the bill include:
- Chairman Glenn Thompson: Emphasizes the need for regulatory clarity in digital asset markets.
- Chairman French Hill: Highlights the importance of protecting consumers and safeguarding the long-term integrity of digital asset markets.
- Chairman Dusty Johnson: Advocates for a commonsense regulatory regime to support digital asset investment and innovation.
The US House of Representatives has released a discussion draft for a crypto market structure bill, aiming to establish a regulatory framework for digital assets. Here's what's included¹ ²:
- Regulatory Roles: The Securities and Exchange Commission (SEC) will oversee digital assets considered investment contracts, while the Commodity Futures Trading Commission (CFTC) will regulate digital commodities and spot markets.
- Decentralization Test: A project is considered decentralized if no single party has unilateral control, and if any party holds more than 10% of the token supply, they must disclose this information while the network remains centralized.
- Investor Access: The bill removes wealth and income restrictions for retail investors, allowing broader access to digital asset markets.
- Stablecoin Definition: Stablecoins are defined under the draft bill without being categorized as securities, but a separate stablecoin bill has faced resistance in the Senate.
- Tax Reform: There's growing discussion around changing the tax treatment of crypto transactions, with some industry voices calling for eliminating capital gains tax on Bitcoin to enable its use as currency.
The bill's implications³:
- Clearer Regulations: The draft aims to provide regulatory clarity for the digital asset ecosystem, protecting consumers and fostering innovation.
- CFTC Dominance: The bill would make the CFTC the dominant crypto regulator, although the SEC would retain jurisdiction until decentralization is proven.
- Industry Feedback: The House committees are seeking public feedback on the discussion draft to refine and advance the bill.
Key supporters of the bill include:
- Chairman Glenn Thompson: Emphasizes the need for regulatory clarity in digital asset markets.
- Chairman French Hill: Highlights the importance of protecting consumers and safeguarding the long-term integrity of digital asset markets.
- Chairman Dusty Johnson: Advocates for a commonsense regulatory regime to support digital asset investment and innovation.
#USHouseMarketStructureDraft The U.S. House Market Structure Draft refers to proposed legislation aimed at reforming how financial markets operate in the United States. It is designed to improve transparency, fairness, and efficiency in trading systems, especially for stocks and other securities. The draft focuses on key issues such as order execution, payment for order flow (PFOF), and access to market data.
One of the main goals of the draft is to ensure that retail investors receive the best possible price when buying or selling securities. Currently, brokers often sell their order flow to large firms, which may create conflicts of interest. The draft seeks to regulate or eliminate such practices, ensuring more direct and competitive trading.
One of the main goals of the draft is to ensure that retail investors receive the best possible price when buying or selling securities. Currently, brokers often sell their order flow to large firms, which may create conflicts of interest. The draft seeks to regulate or eliminate such practices, ensuring more direct and competitive trading.
#USHouseMarketStructureDraft
Dear beloved friends,
As Per Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions.
As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets.
Dear beloved friends,
As Per Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions.
As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets.
#USHouseMarketStructureDraft With the Fed’s May FOMC meeting approaching, CME “FedWatch” data shows only a 2.7% probability of a 25 bps rate cut in May. As rate cut expectations continue to be pushed back, how should investors adjust their crypto and risk asset allocations? Join the discussion!
#USHouseMarketStructureDraft
The U.S. House’s latest market structure discussion draft clarifies that “digital commodities” are not considered securities under certain conditions. Could this boost liquidity and compliance in secondary markets? If such rules are enacted, would it mean more tokens could avoid securities-related regulatory disputes? What’s your take? Join the discussion!
👉 Create a post with the #USHouseMarketStructureDraft , #FOMCMeeting or the $BTC cashtag, or share your trader’s profile and insights to earn Binance points!
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-05-06 06:00 (UTC) to 2025-05-07 06:00 (UTC)
Points rewards are first-come, first-served. Daily check-in points have been replenished, so be sure to claim your points daily!
#USHouseMarketStructureDraft
The U.S. House’s latest market structure discussion draft clarifies that “digital commodities” are not considered securities under certain conditions. Could this boost liquidity and compliance in secondary markets? If such rules are enacted, would it mean more tokens could avoid securities-related regulatory disputes? What’s your take? Join the discussion!
👉 Create a post with the #USHouseMarketStructureDraft , #FOMCMeeting or the $BTC cashtag, or share your trader’s profile and insights to earn Binance points!
(Press the “+” on the App homepage and click on Task Center)
Activity period: 2025-05-06 06:00 (UTC) to 2025-05-07 06:00 (UTC)
Points rewards are first-come, first-served. Daily check-in points have been replenished, so be sure to claim your points daily!
#USHouseMarketStructureDraft
According to Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets.
According to Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets.
#USHouseMarketStructureDraft The U.S. House’s latest market structure discussion draft clarifies that “digital commodities” are not considered securities under certain conditions. Could this boost liquidity and compliance in secondary markets? If such rules are enacted, would it mean more tokens could avoid securities-related regulatory disputes? What’s your take? Join the discussion!
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