#USHouseMarketStructureDraft
The U.S. House’s latest market structure discussion draft 📜 brings notable clarity by proposing that “digital commodities” are not securities, provided specific conditions are met. This distinction could have a profound impact on secondary markets, where regulatory ambiguity has often hindered liquidity and innovation. By clearly separating digital commodities from securities, the draft could enable more platforms to list tokens without the fear of SEC enforcement actions. This regulatory clarity may encourage broader participation by institutional investors, boost trading volumes, and streamline compliance for exchanges and token issuers. If enacted, such rules could allow a greater number of tokens to sidestep complex securities laws, reducing legal uncertainties and compliance burdens. Consequently, developers and projects may find it easier to operate within a transparent legal framework, potentially fostering greater innovation and adoption in the crypto sector. This shift could mark a significant step toward a more mature, well-regulated digital asset market in the United States.