#USHouseMarketStructureDraft

According to Odaily, a new discussion project regarding the market structure by the US House of Representatives aims to clarify the classification of digital asset transactions. As Eleanor Terrett, a journalist at Forbes, mentioned, the project states on page 49 that transactions involving the sale of digital assets are not considered securities, provided that they do not grant the buyer ownership rights in the issuer's business, profits, or assets. Essentially, buying and selling digital assets in the secondary market, as opposed to purchasing directly from the issuer, will not automatically trigger US securities laws unless the sale grants ownership or rights to the company's profits or assets.