#USHouseMarketStructureDraft The proposal from the U.S. House to clarify that certain "digital commodities" are not securities could increase liquidity and compliance in secondary markets for crypto assets. By reducing legal uncertainty, more participants could enter the market. If these rules are approved, many tokens would avoid regulatory disputes over whether they are securities, simplifying operations for issuers and platforms. This could boost innovation by lowering barriers and compliance costs.

However, the impact will depend on the clarity of the "certain conditions" to not be considered a security. If they are ambiguous or too strict, the benefit would be limited. It is also key how these rules will interact with other regulations. A clear definition of "digital commodities" would be an important step towards a stronger and more transparent digital asset market.