#数字资产法案 #数字资产法案

The emergence of the digital asset legislation is undoubtedly a key milestone in the development of the digital asset ecosystem. The passage of the U.S. FIT21 Act, which clearly delineates the responsibilities of regulatory agencies, provides a clear path for digital asset regulation and ends the long-standing regulatory chaos in the industry. We see the positive significance it has for the construction of market order. The UK’s legislation that includes cryptocurrencies and other digital assets within personal property categories offers strong legal protection for investors, greatly enhancing market confidence.

Although these legislations each have their highlights, they also face challenges. For instance, some state-level legislation lacks uniform standards, which can create opportunities for regulatory arbitrage, allowing some criminals to take advantage. Additionally, the inherent characteristics of digital assets lead to severe price volatility and technological security risks, and the current legislation is still insufficient in addressing these issues.