#USHouseMarketStructureDraft 🌱🍀 #USHouseMarketStructureDraft

The latest discussion draft from the U.S. House of Representatives, successor to FIT21, proposes that "digital commodities" should not be considered securities under certain conditions, according to CoinDesk. This could transform secondary cryptocurrency markets, increasing liquidity by reducing regulatory barriers for tokens that meet CFTC criteria, instead of the strict oversight of the SEC. By clarifying jurisdictions, smoother transactions would be facilitated, attracting greater institutional participation, which is key in a market where liquidity has fallen, with Bitcoin volumes down 75% since March, according to Investing.com.

If enacted, this rule could minimize regulatory disputes, allowing more tokens to avoid classification as securities, a problem that has generated legal confusion, as in the case of Binance. However, challenges persist: the lack of clear definitions and potential conflicts of interest, such as Trump's crypto business, could complicate implementation.