According to EleanorTerrett, the House’s latest market structure discussion draft, specifically on page 49, clarifies that transactions involving the sale of digital commodities are not considered securities, provided the purchaser does not acquire an ownership interest in the issuer. This clarification, reported on May 5, 2025, has immediate trading implications, as it potentially reduces regulatory uncertainty for digital commodity traders and exchanges, paving the way for increased market activity and legal clarity in the U.S. crypto sector (source: EleanorTerrett on Twitter, May 5, 2025).

According to Eleanor Terrett, the House of Representatives is set to hold a hearing on legislation concerning the structure of the crypto market. This development is crucial as it may influence regulatory frameworks impacting trading and market stability (source: Eleanor Terrett). Additionally, Coinbase is actively pursuing a Freedom of Information Act (FOIA) lawsuit against regulatory bodies, seeking transparency on crypto regulations (source: Eleanor Terrett). The FDIC has also eased certain crypto restrictions, potentially affecting market liquidity and institutional participation (source: Eleanor Terrett).