#USHouseMarketStructureDraft Theo Odaily, a new draft discussion on market structure from the U.S. House of Representatives aimed at clarifying the classification of 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 they do not confer ownership rights to the buyer in the issuer's business, profits, or assets. Essentially, buying and selling digital assets on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless that sale confers ownership or requires profits or assets from the company.
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