#USHouseMarketStructureDraft New draft from the U.S. House of Representatives clarifies transactions of digital products

AI Summary

According to Odaily, a new discussion draft on the market structure from the U.S. House of Representatives aims to clarify the classification of transactions involving digital products. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital products do not constitute securities, as long as they do not grant the buyer ownership rights in the business, profits, or assets of the issuer.