#USHouseMarketStructureDraft New project of the US House of Representatives explains transactions related to digital goods

AI Summary

According to Odaily, the new discussion project on market structure from the US House of Representatives aims to clarify the classification of transactions related to digital goods. As reported by Forbes journalist Eleanor Terrett, the project states on page 49 that transactions involving the sale of digital goods do not constitute securities, provided they do not grant the buyer ownership rights to the activities, profits, or assets of the issuer. Essentially, buying and selling digital goods on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities regulations unless that sale grants ownership or claims to the profits or assets of the company.