🇺🇸 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.
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⚠️ 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.
