#DigitalAssetBill
The Digital Asset Bill: A New Era for Crypto Regulation
The Financial Innovation and Technology for the 21st Century Act (FIT21), also known as the Digital Asset Bill, aims to bring clarity to the U.S. crypto market by dividing regulatory oversight between the SEC (for restricted digital assets) and the CFTC (for digital commodities) 1. The bill introduces clear disclosure and compliance rules, promotes innovation, and addresses jurisdictional overlaps 110. With bipartisan support and backing from the Trump administration, FIT21 seeks to position the U.S. as a global crypto leader while protecting investors 14. If passed, it could reshape the digital asset landscape, fostering growth and regulatory certainty 113.