#USHouseMarketStructureDraft

According to Odaily, the new discussion project on market structure from the U.S. House of Representatives aims to clarify the classification of transactions involving digital goods. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions related to the sale of digital goods are not considered securities if they do not grant the purchaser ownership rights to the business, profits, or assets of the issuer. Essentially, buying and selling digital goods on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws if the sale does not confer ownership rights or claims to profits or assets of the company.