#DigitalAssetBill encompasses several significant legislative initiatives and policy developments in 2025 that are shaping the global digital asset landscape. Here's an overview of the most impactful actions:
๐บ๐ธ United States: Major Federal Crypto Legislation
1. GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins)
Introduced by Senator Bill Hagerty and co-sponsored by Senators Tim Scott and Cynthia Lummis, this bill establishes the first federal regulatory framework for payment stablecoins. It mandates character and fitness reviews for stablecoin issuers and aims to prevent deceptive naming practices. The Senate Banking Committee approved the bill with bipartisan support, and Senate Majority Leader John Thune has expedited its consideration on the Senate floor.
2. FIT21 (Financial Innovation and Technology for the 21st Century Act)
Passed by the House with strong bipartisan support, FIT21 seeks to delineate regulatory responsibilities between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). It classifies digital assets into three categories: "restricted digital assets" under SEC jurisdiction, "digital commodities" under CFTC oversight, and "permitted payment stablecoins" subject to either agency, depending on the transaction's nature. The bill introduces a self-certification process for digital commodities, aiming to reduce regulatory ambiguity and encourage innovation within the U.S.
3. BRIDGE Digital Assets Act
This legislation proposes the creation of a joint advisory committee between the CFTC and SEC to enhance coordination in digital asset regulation. The act aims to bridge regulatory gaps and foster innovation while ensuring consumer protection.
4. Executive Orders on Digital Assets
In March 2025, President Trump signed an executive order establishing a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. This policy positions Bitcoin as a strategic asset, with the government holding BTC acquired through forfeitures.
