#USHouseMarketStructureDraft Theo Odaily, a new draft regarding 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 stipulates on page 49 that transactions involving the sale of digital assets do not constitute securities, as long as they do not grant ownership rights to the buyer over the issuer's ownership, profits, or assets. Essentially, buying and selling digital assets on the secondary market, rather than from the issuer, will not automatically trigger U.S. securities laws unless the sale grants ownership rights or claims over the profits or assets of the company.
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