The core content of FIT21

The FIT21 Act aims to provide a clear legal and regulatory framework for digital assets and blockchain technology. The core contents include:

Clear regulatory framework: The bill clarifies the division of responsibilities between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) in digital asset regulation. The CFTC will regulate decentralized digital assets, while the SEC will be responsible for regulating digital assets related to investment contracts.

Consumer protection: The bill introduces strict consumer protection measures, including transparent disclosure requirements, asset protection mechanisms, and operational requirements to reduce conflicts of interest. Promoting innovation: FIT21 supports innovation in fintech and blockchain technology to ensure the United States' leadership in the global financial system.

Why is it an important milestone?

Establishment of legal status: After the passage of the FIT21 Act, the legal status of digital assets has been clearly confirmed. This reduces market uncertainty, provides greater confidence for businesses and investors, and promotes market development.

Enhance market confidence: A clear regulatory environment will help attract more institutional investors to the digital asset market. This will not only bring in a large amount of capital inflows, but also increase market liquidity and stability. Promote technological innovation: The government's support for financial technology and blockchain technology will encourage more innovative companies and developers to invest in this field, promoting technological progress and application expansion in the industry.

Global regulatory weathervane: As an important participant in the global financial market, the United States has a weathervane significance for its regulatory policy on digital assets. The passage of the FIT21 Act may trigger regulatory changes and policy follow-ups around the world. $BTC $ETH $BNB #FIT21法案 #美众议院通过FIT21法案 #BTC走势分析