#USHouseMarketStructureDraft

A new bill issued by the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As Eleanor Terrett, a journalist at Forbes magazine, mentioned, the bill states on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided that the buyer is not granted ownership rights in the issuer's business, profits, or assets. Essentially, the purchase and sale of digital commodities in the secondary market, as opposed to direct purchases from the issuer, will not automatically trigger U.S. securities laws unless the sale grants ownership or rights to the company's profits or assets.