#USHouseMarketStructureDraft

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#USHouseMarketStructureDraft

The U.S. House of Representatives is reviewing a draft bill aimed at clarifying market structure for digital assets. As noted by Eleanor Terrett, the proposal targets transactions involving digital products that are not classified as securities—as long as buyers don’t gain rights to the issuer’s business, profits, or assets.

In short:

Digital products could be bought and sold on secondary markets, rather than only via direct issuance, if no ownership stakes are involved.