#USHouseMarketStructureDraft

A new bill issued by the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As Eleanor Terrett, a journalist at Forbes, noted, the bill states on page 49 that transactions involving the sale of digital commodities are not considered securities, provided that the buyer is not granted ownership rights in the issuer's business, profits, or assets. Essentially, buying and selling digital commodities on the secondary market, as opposed to direct purchases from the issuer, will not automatically trigger U.S. securities laws unless the sale grants ownership or rights to the company's profits or assets.