$BTC Grants the Commodity Futures Trading Commission (CFTC) authority over digital assets, defined as electronically created assets with secure transaction histories and decentralized transfer capabilities.Grants the Securities and Exchange Commission (SEC) authority over digital asset securities (e.g., assets providing equity, debt, or voting rights).Subjects digital assets to the Bank Secrecy Act for anti-money laundering purposes.Clarifies that digital assets, securities, and fiat-based stablecoins are not U.S. legal tender.Requires Treasury registration for fiat-based stablecoins and excludes digital assets from FDIC/NCUA insurance.