The emergence of legislation related to digital assets marks the entry of this emerging industry into a stage of institutionalization and compliance. Taking the United States as an example, the introduction of the FIT21 bill clearly defines the responsibilities of various regulatory agencies, establishing an orderly management framework for the digital asset market and ending a long-standing state of regulatory ambiguity. In the UK, cryptocurrencies are officially classified as part of personal property, further providing legal clarity and protection for investors, effectively boosting the confidence of market participants and supporting the robust development of the entire industry. These measures not only help to regulate industry behavior but also set a regulatory reference for other countries around the world.