#USHouseMarketStructureDraft The Market Structure and Digital Asset Transactions and Their Relation to Securities and Their Connection to the Rights of the Issuer's Business, Its Profits, or Its Assets at Its Core - Activating Securities Law

According to Odaily, a new draft to discuss the market structure from the U.S. House of Representatives aims to clarify the classification of digital asset transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions related to the sale of digital assets do not constitute securities, provided that they do not grant the buyer ownership rights in the issuer's business, its profits, or its assets. At its core, buying and selling digital assets in the secondary market, as opposed to purchasing directly from the issuer, will not automatically activate U.S. securities laws unless the transaction grants ownership or claims to the profits or assets of the company.