#USHouseMarketStructureDraft

New draft in the U.S. defines rules for transactions with digital products

A recent discussion draft presented in the U.S. House of Representatives seeks to provide greater legal clarity on how transactions involving digital products are classified in the market. According to journalist Eleanor Terrett from Forbes, the document states on page 49 that transactions for the sale of digital products will not be considered as securities as long as they do not grant the buyer participation in the issuing company, whether in the form of ownership, profits, or assets.

This proposal clarifies that purchases and sales in secondary markets will not automatically trigger regulation under U.S. securities laws, unless they involve rights related to the company that created the product. The draft aims to provide a more precise framework for the trading of digital assets, clearly differentiating between products for utility purposes and those representing a financial investment.