#USHouseMarketStructureDraft

According to Odaily, a new bill regarding market structure is being considered by the U.S. House of Representatives, aimed at clarifying how to classify transactions related to digital goods. According to journalist Eleanor Terrett's report from Forbes, on page 49 of the draft, there is one key point: transactions involving the sale of digital goods will not be considered securities, as long as they do not confer ownership rights in the company, do not share profits, and are not tied to the assets of the issuer.

In other words, if a type of digital asset is traded on a secondary market (for example: an exchange), rather than being directly issued by the company that created it, then the transaction will not automatically fall under the oversight of U.S. securities laws. However, exceptions will occur if the sale of the asset grants the buyer ownership rights, the right to request profits, or a direct connection to the assets of the issuing company.