#USHouseMarketStructureDraft The US House Market Structure Draft aims to clarify the classification of digital commodity transactions, providing regulatory clarity for the crypto industry. Key aspects of the draft include ¹ ²:

- *Digital Commodities vs. Securities*: The draft specifies that transactions involving digital commodities don't constitute securities if they don't grant ownership rights in the issuer's business, profits, or assets.

- *Regulatory Clarity*: The bill seeks to define clear lines between the SEC and CFTC, resolving jurisdiction battles over digital assets.

- *Investor Protection and Innovation*: Lawmakers promise consumer safeguards while fostering blockchain innovation.

- *Stablecoins in the Spotlight*: A separate stablecoin bill is also in play, pushing for a bipartisan framework to regulate digital currencies.

Potential implications of the draft include ¹:

- *Increased Liquidity and Compliance*: Clarifying digital commodity transactions could boost liquidity and compliance in secondary markets.

- *Reduced Regulatory Disputes*: More tokens might avoid securities-related regulatory disputes if the rules are enacted.

- *Market Confidence*: The draft could boost market confidence or stifle innovation, depending on its implementation.

It's essential to note that the draft is still in progress and may undergo changes before becoming law.