#RWA Digital Asset Securities. — (A) General Provisions — The term “digital asset securities” means: (i) granting holders of digital assets any of the following rights: "(I) Equity or debt to the issuer. "(ii) The right to receive profits, interest, or dividends from the issuer. "(iii) Voting rights in material corporate actions of the issuer (excluding new block creation, hard forks, or protocol changes related to the digital asset). "(IV) The right to liquidate the issuer in the event of liquidation. "(ii) For any services, goods, or platforms that the issuer is not fully operational at the time of issuance of such digital assets, for any financing or capital formation activity (including initial coin offerings) completed through the issuance of such digital assets, the issuer issues such digital assets to holders in exchange for funds (including other digital assets) to fund the development of the services, goods, or platforms proposed by the issuer." "(B) Rules concerning digital assets—The term 'digital asset security' does not include any other digital assets besides those described in section (A). Any digital asset not described in section (A) shall be considered a commodity and regulated under the Commodity Exchange Act (7 USC 1a et seq.)."