#USHouseMarketStructureDraft New Draft from the U.S. Chamber Clarifies Digital Commodity Transactions

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 digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the buyer ownership rights in the business, profits, or assets of the issuer.