#USHouseMarketStructureDraft
U.S. House Draft Brings Legal Clarity to Digital Commodity Trading
A major step forward for the crypto market structure — the latest U.S. House draft legislation clarifies that secondary market transactions of digital commodities are not considered securities, as long as the assets don’t grant rights to the issuer’s business, profits, or assets.
✅ Digital commodities (like BTC, ETH, etc.) traded on secondary markets are not securities under U.S. law.
❌ This exemption only applies if the token doesn’t give ownership, profit-sharing, or claims to the company’s assets.
⚖️ This helps draw a clear line between investment contracts and pure digital asset trades.
Why This Matters:
This draft signals regulatory progress in distinguishing between tokens with utility or commodity-like behavior vs. tokens that function like securities. It could provide greater legal certainty for exchanges, traders, and institutional players.
$ Perspective:
This is a bullish sign for long-term market maturity.
Clear regulation = more confidence = more capital flow.
As a trader, I see this as a sign that U.S. policymakers are finally listening to the industry and moving towards rational frameworks.
Let’s keep a close watch on whether this draft moves forward — but for now, this is definitely a positive development for the crypto space.