The introduction 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 delineates the responsibilities of regulatory agencies, providing a clear path for digital asset regulation and ending the long-standing 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 category of personal property provides strong legal protection for investors, significantly enhancing market confidence.