#DigitalAssetBill The Financial Innovation and Technology for the 21st Century Act (FIT21) is the leading U.S. digital asset bill in 2025, aiming to regulate cryptocurrencies and blockchain technologies. It divides oversight between the SEC (securities) and CFTC (commodities), clarifying rules to foster innovation and protect investors. Passed by the House in May 2024, FIT21 gained traction in 2025 under the Trump administration’s pro-crypto stance, with key figures like Rep. French Hill and Sen. Tim Scott pushing for Senate passage by April 2025. The bill reduces regulatory overlap, mandates transparency, and aligns with Trump’s executive order for a crypto-friendly framework. Globally, Nigeria’s ISA 2024, Pakistan’s Virtual Assets Act 2025, and the UK’s Digital Assets Bill also regulate digital assets.