#USHouseMarketStructureDraft

SEC and CFTC Roles*: The Securities and Exchange Commission (SEC) will regulate digital assets considered investment contracts, while the Commodity Futures Trading Commission (CFTC) will oversee digital commodities and their spot markets.

- *Decentralization Test*: A project is considered decentralized if no single party has unilateral control, and any party holding more than 10% of the token supply must disclose.(copied)