The Digital Asset Act $BTC is a legal document that regulates activities related to digital assets. Similar to the FIT21 Act in the United States, it clarifies the definition of digital assets, categorizing them into digital goods and digital securities, which are regulated by the CFTC and SEC, respectively. The act also stipulates that digital asset issuers must provide detailed project information to enhance market transparency. The UK's Digital Assets (Personal Property, etc.) Act recognizes cryptocurrencies and other digital assets as personal property, providing legal protection.