BIG Crypto News!
Just in — a new draft from the U.S. House of Representatives could be a game-changer for the crypto space!
According to Odaily and reported by Forbes' Eleanor Terrett, lawmakers are working on clearing up some serious confusion around digital assets — specifically, whether certain crypto transactions are considered securities (aka the stuff the SEC loves to regulate).
Here’s the tea:
On page 49 of the draft, it clearly states that buying or selling digital commodities (like Bitcoin or other tokens) on the secondary market — meaning not directly from the issuer — does NOT make them securities, as long as the buyer isn't getting ownership or rights to the company’s profits or assets.
So what does this mean for us?
If this goes through, it could mean less regulatory risk for traders, platforms, and investors dealing with digital commodities — as long as those tokens don’t represent a slice of the issuing company.
Translation?
More clarity. Less fear. Better markets.
Let’s see how this plays out, but it’s a big step toward more sensible crypto rules in the U.S.
