#DigitalAssetBill Several countries have advanced digital asset regulations to address market risks and foster innovation:
U.S.: The House passed the FIT21 Crypto Bill (May 2024), clarifying the SEC and CFTC’s roles in crypto oversight. Meanwhile, the SEC approved spot Ethereum ETFs, signaling regulatory progress.
-EU: MiCA entered full enforcement in 2024, requiring stablecoin issuers and crypto firms to comply with strict transparency and licensing rules.
-UK: The Financial Services and Markets Act 2023 now regulates crypto promotions, with stricter AML rules expected in 2025.
-Asia: Japan updated its Payment Services Act to include stablecoins, while Singapore tightened rules on retail crypto trading.
These updates aim to balance innovation with investor protection.