#USHouseMarketStructureDraft

*New Draft from the U.S. House Clarifies Digital Commodity Transactions*

According to Odaily, a new discussion draft regarding the market structure of the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the buyer property rights over the issuer's business, profits, or assets. Essentially, buying and selling digital commodities in the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale confers ownership or claims over the company's profits or assets.