#USHouseMarketStructureDraft

The proposed law regarding the market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As Eleanor Terrett, a journalist for Forbes magazine, mentioned, the draft states on page 49 that transactions involving the sale of digital commodities 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 commodities in the secondary market, rather than 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.