#USHouseMarketStructureDraft

According to Odaily, a new discussion draft regarding the structure of the market of the United States House of Representatives aims to clarify digital asset transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital assets do not constitute securities, provided that they do not confer the buyer rights of ownership over the asset, profits, or the issuer's assets. Essentially, the purchase and sale of digital assets in the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale confers rights of ownership or claims on the profits or assets of the company.