#USHouseMarketStructureDraft New Draft for the Housing Market Structure in the U.S. House of Representatives Clarifies Digital Asset Transactions
AI Summary According to Odaily, a new draft aimed at discussing the market structure in the U.S. House of Representatives seeks to clarify the classification of digital asset transactions. As reported by Forbes correspondent Eleanor Terrett, the bill states on page 49 that transactions involving the sale of digital assets do not constitute securities, provided that the buyer is not granted ownership rights in the issuer's business, profits, or assets fundamentally. The buying and selling of digital assets in the secondary market, instead of purchasing them directly from the issuer, will not automatically trigger U.S. securities laws unless the sale grants ownership rights or claims to the company's profits or assets.