Page 49 of the newly released U.S. House of Representatives market structure discussion draft seeks to clarify: Transactions involving the sale of digital commodities do not constitute securities

According to Forbes reporter Eleanor Terrett, Page 49 of the House’s new market structure discussion draft is intended to make it clear that as long as transactions involving the sale of digital goods do not involve the purchaser acquiring an ownership interest in the issuer’s business, profits, or assets, those transactions do not constitute securities. In other words, if you buy and sell digital goods on the secondary market instead of buying them directly from the issuer, then unless the sale gives you some kind of ownership or claim to the company’s profits or assets, it does not automatically trigger U.S. securities laws.