数字资产法案

The emergence of the #数字资产法案 Digital Asset Act is undoubtedly a key milestone in the development of the digital asset ecosystem. The passage of the FIT21 Act in the United States, which clearly delineates the responsibilities of regulatory agencies, provides a clear path for digital asset regulation, ending the long-standing regulatory chaos in the industry, and we see its positive significance for the construction of market order. The UK's legislation, which includes cryptocurrencies within the scope of personal property, provides strong legal protection for investors and greatly enhances market confidence.
Although these laws each have their highlights, they also face challenges. For example, the lack of uniform standards in some state-level legislation can create opportunities for regulatory arbitrage, allowing some criminals to exploit the situation. Furthermore, the issues brought about by the inherent characteristics of digital assets, such as extreme price volatility and technical security risks, are not adequately addressed by the current legislation.

The introduction of the #数字资产法案 #数字资产法案 Digital Asset Act is undoubtedly a key milestone in the development of the digital asset ecosystem. The passage of the FIT21 Act in the United States clearly delineates the responsibilities of regulatory agencies, providing a clear path for digital asset regulation and ending the long period of regulatory chaos in the industry. We see its positive significance for the construction of market order. The UK’s legislation that includes cryptocurrencies within the scope of personal property provides strong legal protection for investors, greatly enhancing market confidence.
Although these laws each have their highlights, they also face challenges. For instance, the lack of uniform standards in some state-level laws can create room for regulatory arbitrage, making it easier for some criminals to exploit the situation. Additionally, issues such as severe price volatility and technical security risks inherent to digital assets show that the current legislation is not yet comprehensive enough to address these challenges.
Overall, the emergence of digital asset legislation is more beneficial than detrimental. It lays a solid foundation for the healthy development of the industry and makes significant strides in investor protection and market regulation. As practice advances, it is believed that the legislation will continue to improve, better balancing innovation and regulation, promoting the steady progress of the digital asset industry, and unleashing its tremendous potential in the economic field.

In May 2025, Arizona passed the Strategic Digital Asset Reserve Act (SB1373), allowing the state treasury to invest up to 10% of public funds in digital assets such as Bitcoin, becoming the first state-level legislation to include cryptocurrency in public fund allocation. The bill includes three major innovations:
1. Investment Scope: Breaking through traditional treasury bond restrictions, allowing pension funds and others to allocate crypto assets;
2. Custody Mechanism: 50% of assets are held by the Federal Reserve System, and 50% are controlled by the state government with their own private keys;
3. Revenue Distribution: 30% of the revenue is allocated to an education fund, creating a precedent for cryptocurrency to benefit public utilities.

Other states such as Texas and Alabama are also following up with legislation, forming a 'state-level cryptocurrency arms race,' with an estimated 10 states injecting $3.7 billion in funds from 2025 to 2027, accounting for 1.2% of BTC circulation. The bill promotes compliant crypto custody and tax innovation but also faces risks such as price volatility (daily fluctuations may exceed 3%) and energy disputes (an annual increase of 42 billion kilowatt-hours in nationwide allocation).

The emergence of the #数字资产法案 Digital Asset Bill is undoubtedly a key milestone in the development of the digital asset ecosystem. The passage of the US FIT21 Bill, which clearly delineates the responsibilities of regulatory agencies, has provided a clear path for digital asset regulation, ending the industry's long period of regulatory chaos. We see its positive significance in building market order. The UK's bill that includes cryptocurrencies and others under personal property categories provides strong legal protection for investors, greatly enhancing market confidence.
Although these bills each have their highlights, they also face challenges. For example, some state-level bills lack uniform standards, which can create opportunities for regulatory arbitrage, allowing some criminals to take advantage. Furthermore, issues such as severe price fluctuations and technical security risks inherent in digital assets mean that current legislation is still not comprehensive enough to address these problems.
Overall, the emergence of digital asset legislation is more beneficial than harmful. It lays a solid foundation for the healthy development of the industry and makes significant strides in investor protection and market regulation. As practice progresses, I believe the legislation will continue to improve, better balancing innovation and regulation, promoting the steady advancement of the digital asset industry, and unleashing its immense potential in the economic field.

【Talks Break Down? A Piece of Paper Almost Ignited the Global Market】
The trade representative of the beautiful country threw out a negotiation framework, refusing to lower tariffs on cars, steel, and aluminum, and attempting to force Japan to concede.
However, the Japanese representative responded firmly, stating that the proposal is "completely unacceptable," leading to a deadlock.
The global market holds its breath; if tensions escalate, major upheavals may come again—it's all just a matter of a single word.
Who do you think will concede first? #数字资产法案 #BTC #SUI #OM #MOVE $ETH $XRP $SOL

Digital Asset Market Structure Act (DAMS) #数字资产法案 : In June 2023, the U.S. House Committee on Financial Services and the Agriculture Committee introduced a draft of the "Digital Asset Market Structure Act," led by Republican lawmakers Patrick McHenry and Glenn Thompson. The act aims to establish a regulatory framework for digital assets and address the uncertainties surrounding cryptocurrency regulation, receiving cautiously optimistic reviews from the industry.

#数字资产法案
The Digital Asset Act is a law used by the government to manage digital currencies like Bitcoin. It makes buying and selling safer and protects everyone from fraud. In this way, digital currencies have rules similar to stocks, providing more security for those who want to invest and helping the entire market become more stable.

#数字资产法案

With the rapid development of blockchain and cryptocurrency, various countries are promoting the 'Digital Asset Bill' to establish a clear legal framework. Such bills aim to regulate the issuance, trading, taxation, and regulatory responsibilities of digital assets, such as Bitcoin, Ethereum, and stablecoins, to protect investor rights and combat illegal activities such as money laundering. The United States, the European Union, and some Asian countries have drafted or passed relevant provisions, marking the gradual compliance and mainstreaming of digital assets. A good regulatory environment not only helps attract institutional investment but also provides development space for innovative blockchain projects. In the future, the 'Digital Asset Bill' will become an important foundation for global financial transformation.

The introduction of the #数字资产法案 digital asset bill is undoubtedly a critical milestone in the development of the digital asset ecosystem. With the passage of the FIT21 bill in the United States, which clearly delineates the responsibilities of regulatory agencies, digital asset regulation has a clear path forward, ending the long-standing regulatory chaos in the industry. We see its positive significance for the construction of market order. The UK’s bill, which includes cryptocurrencies as part of personal property, provides strong legal protection for investors and greatly enhances market confidence.
Although these bills each have their highlights, they also face challenges. For instance, the lack of uniform standards in some state-level bills can lead to regulatory arbitrage opportunities, enabling some criminals to exploit the situation. Furthermore, the inherent characteristics of digital assets, such as severe price volatility and technical security risks, present issues that the current bills have yet to adequately address.
Overall, the emergence of digital asset bills is more beneficial than detrimental. They lay a solid foundation for the healthy development of the industry and make significant strides in investor protection and market regulation. As practices advance, it is believed that the bills will continue to improve, better balancing innovation and regulation, promoting the steady progress of the digital asset industry, and unleashing its immense potential in the economic field.

#数字资产法案 Golden Financial Report, Strategy reported a $5.9 billion impairment in the first quarter due to the decline in Bitcoin prices, with a reported loss of $4.2 billion, resulting in a loss per share of $16.49. The company announced a new $21 billion public market common stock issuance plan and has raised its BTC yield target from 15% to 25%, and the BTC dollar revenue target from $10 billion to $15 billion. As of April, the company holds a total of 553,555 Bitcoins, with a purchase cost of $37.9 billion, averaging $68,459 per coin. The company stated: "Our capital market strategy continues to grow Bitcoin holdings while delivering exceptional value to shareholders."

#数字资产法案 🔥Attention crypto enthusiasts! The U.S. Congress is making big moves in crypto regulation!🔥
According to exclusive insider information👀, the U.S. House of Representatives will make big news on May 6th! 💼 The chairman of the Financial Services Committee, French Hill, is leading the "Mystery Drama of Crypto Regulation" script (draft), which will be fully disclosed online before the hearing at 10 AM (Eastern Time) that day! ⏰
🎉The theme of the hearing is extremely exciting:
"U.S. Innovation vs. Cryptocurrency: Survival Rules for the 21st Century"
This move clearly aims to take over last year's FIT21 bill passed by the House! 📜 (Remember that so-called "Constitution of the Crypto Market" known as the Financial Innovation and Technology Act of the 21st Century?)
💡 Insider reports reveal:
This draft may be a "twin brother" of FIT21!
Staff of the House Agriculture Committee are nodding in agreement ✅
"The text will definitely see the light of day ahead of time!"
🦅 The crypto strategy of Congress bigwigs:
First, finalize the stablecoin bill → then aim for regulation across the entire industry!
And there’s more: President Trump has stated 💬
"The stablecoin bill must be implemented before August!"
(But onlookers speculate 🤫 these bills may create a "fantasy connection")
The crypto world is about to face a regulatory storm 🌪️
Get your popcorn ready 🍿
This American version of the crypto asset regulatory chess game is about to open! ♟️

The global digital asset legislation #数字资产法案 presents a differentiated regulatory landscape. China, based on the Cybersecurity Law, clearly categorizes the regulation of cryptocurrencies, tokens, etc., with responsibilities divided among institutions like the central bank. The U.S. FIT 21 Act distinguishes between securities and commodities attributes through the Howey test, with the SEC and CFTC collaboratively regulating exchanges. The EU MiCA Act strengthens anti-money laundering and investor protection, requiring token issuance white papers and licensed operations. Hong Kong and Singapore implement a VASP licensing system, restricting retail client leverage trading. Core elements include: entry qualifications, on-chain transaction monitoring, tax-neutral policies, and cross-border cooperation mechanisms, while facing challenges of price volatility and regulatory arbitrage.

The emergence of the #数字资产法案 Digital Asset Act is undoubtedly a key milestone in the development of the digital asset ecosystem. The passage of the FIT21 Act in the United States clearly delineates the responsibilities of regulatory agencies, providing a clear path for digital asset regulation and ending the industry's long period of regulatory chaos. We see its positive significance for the construction of market order. The UK's legislation incorporating cryptocurrencies into the category of personal property provides strong legal protection for investors, greatly enhancing market confidence.

The House Republicans plan to release a cryptocurrency regulatory draft before the hearing on May 6. If it continues the classification framework for decentralized assets from the FIT21 bill, it is expected to provide clearer regulatory guidance for the market. However, political interference from the Trump administration may introduce uncertainties into the details of the bill. Historically, overly strict regulations (such as the high capital requirements of the EU's MICA bill) can stifle innovation, while overly lenient regulations may pose risks. Ideal regulation should clearly define asset classifications (such as distinguishing between commodity and security properties), simplify compliance processes, and reserve space for emerging areas like DeFi; such balanced policies can promote adoption.

#数字资产法案
The emergence of the digital asset legislation is undoubtedly a key point in the development of the digital asset ecosystem. The passage of the U.S. FIT21 bill clearly delineates the responsibilities of regulatory agencies, providing a clear path for digital asset regulation and ending the long-standing chaotic regulatory period in the industry. We see its positive significance in building market order. The UK’s inclusion of cryptocurrencies and other digital assets into personal property legislation provides strong legal protection for investors, greatly enhancing market confidence.
Although these bills have their highlights, they also face challenges. For instance, the lack of uniform standards among some state-level bills can create regulatory arbitrage opportunities, making it easier for some criminals to exploit the situation. Additionally, the inherent characteristics of digital assets lead to issues such as severe price volatility and technical security risks, which the current legislation is still not adequately addressing.
Overall, the emergence of digital asset legislation is more beneficial than detrimental. It establishes a solid foundation for the healthy development of the industry and takes significant steps in investor protection and market regulation. As practice advances, I believe the legislation will continue to improve, better balancing innovation and regulation, promoting the steady progress of the digital asset industry, and unleashing its immense potential in the economic field.

The introduction of the Digital Asset Bill #数字资产法案 is undoubtedly a key milestone in the development of the digital asset ecosystem. The passage of the FIT21 Bill in the United States clearly delineates the responsibilities of regulatory agencies, providing a clear path for digital asset regulation and ending the long-standing chaos in the industry. We see its positive significance for the construction of market order. The UK’s legislation that includes cryptocurrencies and other digital assets in the category of personal property provides strong legal protection for investors and greatly enhances market confidence.
Although these bills each have their highlights, they also face challenges. For instance, the lack of uniform standards in some state-level legislation can create regulatory arbitrage opportunities, allowing some wrongdoers to take advantage. Additionally, issues such as drastic price fluctuations and technical security risks inherent in digital assets mean that current legislation is still not comprehensive enough to address these problems.
Overall, the emergence of the Digital Asset Bill is more beneficial than detrimental. It lays a solid foundation for the healthy development of the industry and takes significant steps in investor protection and market regulation. As practice progresses, we believe the legislation will continue to improve, better balancing innovation and regulation, promoting the steady advancement of the digital asset industry, and unleashing its immense potential in the economic sphere.

The emergence of the #数字资产法案 Digital Asset Bill is undoubtedly a key milestone in the development of the digital asset ecosystem. With the passage of the FIT21 Bill in the United States, which clearly delineates the responsibilities of regulatory agencies, we now have a clear path for digital asset regulation, ending the long-standing chaotic regulatory period in the industry. We see its positive significance in building market order. The UK’s legislation that includes cryptocurrencies and other digital assets within the scope of personal property provides strong legal protection for investors, significantly enhancing market confidence.
Although these bills each have their highlights, they also face challenges. For example, the lack of uniform standards in some state-level bills can create regulatory arbitrage opportunities, allowing some criminals to take advantage. Moreover, issues such as severe price volatility and technical security risks inherent to digital assets mean that current legislation is still not sufficiently comprehensive in addressing these problems.
Overall, the emergence of digital asset legislation is more beneficial than harmful. It lays a solid foundation for the healthy development of the industry and takes significant steps in areas such as investor protection and market regulation. As practice progresses, it is believed that the legislation will continue to improve, better balancing innovation and regulation, promoting the steady progress of the digital asset industry, and unleashing its enormous potential in the economic field.

The transparency and efficiency of blockchain in the payment sector has tremendous potential.
However, before that, well-planned legislation must be implemented so that there is a basis for regulation.
The passage of this legislation represents recognition of the cryptocurrency industry and can be seen as affirming the industry by various countries, bringing positive effects, and from a long-term perspective, allowing the industry to develop more soundly.

#数字资产法案 I know that Bitcoin has resistance around 98000, just reached a high of 97894, which is 106u away from my predicted 98000.
However, I feel there will be a second surge, so from a safety perspective, starting to short Bitcoin at 98000 is relatively more prudent!
The above only represents personal opinions and is for reference only! Everyone should make their own choices! I just hope it can be helpful to everyone!
Currently, the market is quite volatile; for friends who cannot accept the up-and-down fluctuations and floating losses, I suggest not to open contracts! Wait for a pullback and then buy in at a lower price.

The emergence of the Digital Asset Act #数字资产法案 is undoubtedly a key milestone in the development of the digital asset ecosystem. The passage of the FIT21 Act in the United States clearly defined the responsibilities of regulatory agencies, providing a clear path for digital asset regulation and ending the industry's long period of regulatory chaos. We see its positive significance for the construction of market order. The UK's legislation that includes cryptocurrencies within the category of personal property provides strong legal protection for investors and greatly enhances market confidence.
Although these laws each have their highlights, they also face challenges. For instance, some state-level legislative standards are not uniform, which can create regulatory arbitrage opportunities for some criminals. Moreover, issues arising from the inherent characteristics of digital assets, such as severe price volatility and technological security risks, are not adequately addressed by the current legislation.