#数字资产法案

- Key Content: Defines digital assets as a form of exchangeable digital representation that can be transferred between individuals without intermediaries and recorded on a cryptographically secured public distributed ledger. Clarifies the regulatory agencies for the classification of digital assets, with the Commodity Futures Trading Commission (CFTC) overseeing digital commodity trading and related participants, and the Securities and Exchange Commission (SEC) regulating digital assets considered securities and their trading platforms. Proposes elements to distinguish whether a digital asset is a security or a commodity, including investment contracts, usage and consumption, degree of decentralization, functionalities and technical characteristics, market activities, etc.

- Important Significance: Standardizes the regulatory framework for digital assets, coinciding with the approval of ETH spot ETF applications, guiding the path for future cryptocurrency asset applications for spot ETFs and compliance, and marking the end of over a decade of gray area for Crypto.