#USHouseMarketStructureDraft

What is the House Market Structure Draft?

This is a draft published by the U.S. House of Representatives aimed at establishing a legal framework for the digital asset (crypto) market in the U.S.

The main objectives of the draft:

• Clearly delineate oversight authority between the SEC and CFTC.

• Provide criteria for classifying digital assets as commodities or securities.

• Establish regulations for trading crypto in the secondary market.

Significance:

The draft helps create a clear legal corridor for the crypto market, supporting technological innovation and protecting investors.