#美国加密立法 The United States cryptocurrency legislation is progressing on both federal and state levels. On the federal side, in 2024, the House of Representatives passed the "21st Century Financial Innovation and Technology Act," which clearly defines "digital assets" for the first time, covering cryptocurrencies, stablecoins, and tokenized assets, and regulates their classification and oversight framework. In May 2025, the House released a new draft authorizing the Commodity Futures Trading Commission (CFTC) to regulate the digital commodity market while retaining the Securities and Exchange Commission (SEC)'s jurisdiction over securities-type assets.

Regarding stablecoins, the "National Innovation Stablecoin Guidance and Establishment Act" (GENIUS Act) is expected to pass on May 26, 2025, establishing a federal regulatory framework for stablecoins and removing contentious provisions to promote consensus. Additionally, there remain differences in regulatory positioning between the CFTC and SEC regarding crypto assets; the former views them as commodities, while the latter believes that certain tokens fall under securities.

At the state level, New York has implemented the BitLicense system since 2015, requiring virtual currency operators to obtain a business license, emphasizing consumer protection and anti-money laundering measures. Recently, New Hampshire passed a bill allowing the state government to include Bitcoin in its financial reserves to combat inflation and diversify its investment portfolio.

Overall, the United States is actively promoting cryptocurrency legislation to establish a unified regulatory framework that fosters innovation and market stability.