#DigitalAssetBill There are several digital asset bills making progress in the US, both at the federal and state levels. Here are some key developments:

Federal Level

- The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) aims to establish a regulatory framework for payment stablecoins, defining them as digital assets pegged to a fixed monetary value. This bill has been expedited for a vote and is expected to pass.

- The Financial Innovation and Technology for the 21st Century Act (FIT21) seeks to clarify regulatory responsibilities for digital assets between the SEC and CFTC. It passed the House of Representatives but faces uncertainty in the Senate.

State Level

- *North Carolina's Digital Assets Investment Act (HB92)*: Allows the state treasurer to invest up to 5% of its investment funds into digital assets like Bitcoin through regulated funds. The bill has passed the House and is moving to the Senate for debate.

- *North Carolina's State Investment Modernization Act (HB506)*: A companion bill to HB92, signaling the state's commitment to exploring digital assets while balancing concerns about volatility.

- *Arizona's Crypto-Related Bills*: Arizona has passed two crypto-related bills through both chambers of its legislature, and Governor Katie Hobbs is expected to approve them soon ¹ ².