#数字资产法案 Digital Asset Legislation The emergence of the Digital Asset Legislation is undoubtedly a key milestone in the development of the digital asset ecosystem. The passage of the FIT21 Act in the United States has clearly delineated the responsibilities of regulatory agencies, providing a clear path for digital asset regulation and ending the industry's long period of regulatory confusion. We can see its positive significance for the construction of market order. The UK legislation that includes cryptocurrencies and other digital assets within the scope of personal property offers strong legal protection for investors and greatly enhances market confidence.

Although these laws have their highlights, they also face challenges. For example, the lack of uniform standards among certain state-level laws can create regulatory arbitrage opportunities, allowing some unscrupulous individuals to take advantage. Additionally, the inherent characteristics of digital assets, such as severe price volatility and technical security risks, are not adequately addressed by the current legislation.