$BTC "21st Century Financial Innovation and Technology Act (FIT21)": In May 2024, the U.S. House of Representatives passed FIT21. This act establishes clear federal requirements for the digital asset market, providing consumer protection and regulatory clarity for the thriving digital asset ecosystem in the United States. It clarifies the jurisdiction of the U.S. Commodity Futures Trading Commission (CFTC) over digital commodities and the jurisdiction of the U.S. Securities and Exchange Commission (SEC) over digital assets that are part of investment contracts.
• "CBDC Anti-Surveillance National Act": In May 2024, the U.S. House of Representatives narrowly passed this act aimed at preventing the issuance of central bank digital currency (CBDC) without Congressional authorization, on the grounds that it threatens the "financial privacy rights of Americans."
• Trump Signs Bill Overturning DeFi Tax Reporting Order: On April 11, 2025, President Trump signed the "Congressional Review Act," overturning the previous tax rules that required DeFi platforms to submit user transaction data to the Internal Revenue Service (IRS), freeing up space for decentralized financial innovation.
• Arizona Bitcoin Reserve Act: In April 2025, the Arizona House of Representatives passed two Bitcoin reserve bills, SB1025 and SB1373, allowing the state treasury and pension systems, as well as the digital asset strategic reserve fund managed by the state treasurer, to invest a certain percentage of funds in digital assets like Bitcoin; however, it is currently awaiting the governor's signature.