#USHouseMarketStructureDraft

A new draft proposal from the U.S. House of Representatives seeks to bring clarity to the legal status of digital commodity transactions. As highlighted by Forbes journalist Eleanor Terrett and reported by Odaily, the draft—specifically on page 49—states that the sale of digital commodities will not be classified as securities, as long as these transactions do not provide the buyer with ownership interests in the issuer’s business, profits, or assets. This means that secondary market trading of digital commodities won't automatically fall under U.S. securities regulations unless it involves rights tied to the issuing entity's value or control.