#USHouseMarketStructureDraft

The U.S. House's proposed draft could bring much-needed clarity by stating that trading digital commodities on secondary markets doesn’t automatically classify them as securities, unless they grant ownership or profit rights in the issuer. This distinction may boost liquidity, as exchanges and traders gain confidence in compliance. Utility tokens and decentralized projects could benefit, avoiding costly securities disputes. However, the SEC may still push back on ambiguous cases, and direct issuer sales could remain under scrutiny. If passed, this could strengthen crypto markets by reducing legal risks but regulatory enforcement will ultimately determine its impact.