Big News from the U.S. House!
According to a new draft discussion on market structure (spotted by Odaily and detailed by Forbes journalist Eleanor Terrett), there’s a major update that could reshape how crypto is treated in the U.S.
The draft bill clarifies that secondary market transactions involving digital commodities (like Bitcoin, Ethereum, etc.) do not count as securities — as long as these tokens don’t grant ownership rights in the issuer’s business, profits, or assets.
Translation?
Buying/selling crypto on platforms like Coinbase or Uniswap won’t automatically trigger securities laws unless those tokens are tied to shares of a company.
This could be a game-changer for the industry!
Let’s gooo
