#USHouseMarketStructureDraft

According to Odaily, a new bill aimed at discussing the market structure by the U.S. House of Representatives seeks to clarify the classification of digital asset transactions. As reported by Forbes journalist Eleanor Terret, the bill specifies on page 49 that transactions related to the sale of digital assets do not constitute securities, provided they do not confer on the buyer any ownership rights in the issuer's business, profits, or assets. Essentially, buying and selling digital assets on the secondary market, rather than purchasing directly from the issuer, will not automatically trigger U.S. securities laws unless the transaction confers ownership or claims on the company's profits or assets.