#USHouseMarketStructureDraft
The US House Market Structure Draft is a proposed bill aimed at clarifying the classification of digital commodity transactions. Here are the key points:
Digital Commodities vs. Securities: The draft specifies that transactions involving digital commodities don't constitute securities if they don't grant ownership rights in the issuer's business, profits, or assets.
Regulatory Clarity: The bill aims to define clear lines between the SEC and CFTC, resolving jurisdiction battles over digital assets.
Impact on Tokens: If enacted, more tokens might avoid securities-related regulatory disputes, potentially boosting liquidity and compliance in secondary markets.
Registration Requirements: Crypto projects may need to register under the SEC or CFTC, depending on whether they qualify as securities or commodities
