#USHouseMarketStructureDraft

According to Odaily, a new discussion project regarding the market structure by the U.S. House of Representatives aims to clarify the classification of digital asset transactions. As reported by Eleanor Terrett, a journalist at Forbes, the project states on page 49 that transactions involving the sale of digital assets are not considered securities, provided that the buyer is not granted ownership rights in the issuer's business, profits, or assets. In short, buying and selling digital assets in the secondary market, instead of purchasing directly 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.