#DigitalAssetBill DIGITAL ASSET BILL
Crypto Regulation in the U.S.: Legislative Advances
The U.S. Congress has taken a significant step toward the regulation of digital assets with the passage of the "Financial Innovation and Technology for the 21st Century Act" (FIT21) in May 2024.
This legislation aims to establish a clear framework for the oversight of cryptocurrencies, assigning responsibilities between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC).
The goal is to provide regulatory clarity and protect consumers in the growing digital asset market.
Additionally, in March 2025, President Donald Trump signed an executive order to create a Strategic Reserve of Bitcoin and a Digital Asset Warehouse.
This initiative aims to consolidate the federal government's cryptocurrency holdings, positioning the U.S. as a leader in the adoption of digital assets.
