#USHouseMarketStructureDraft : The Draft was published on 5/5/2025 focusing on transparent regulatory environment for crypto currencies and related markets. The Securities & Exchange Commission (SEC) will regulate digital assets that are considered investment contracts. Commodity Futures Trading Commission will oversee digital commodities and the spot markets.

A blockchain is held as Mature if it is utilised and fully developed with transparent rules and not centrally controlled.

A project must not be under unilateral control by any single party. If any party holds more than 10% of the token supply; they must disclose when the network 🛜 is centralised.

The Bill removes wealth and income restrictions for retail investors, opening the market to a wider public.

Process of the registration of the Digital Commodity Exchanges with CFTC well stated. For Decentralised Finance (Defi), the Draft proposes exemptions for protocols that are non custodial and do not excercise discretionary control over users' funds. Stable coins are not kept in the category of securities.

Minimise Exemption - Small crypto transactions to go untaxed.