The stalled Digital Asset Market Clarity Act would have granted the U.S. Commodity Futures Trading Commission explicit statutory authority to oversee and police the spot cryptocurrency market

How governments worldwide set rules for digital assets through legislation, agency rulemaking, licensing regimes and court fights.

Bicameral federal legislature of the United States, made up of the Senate and the House of Representatives, which writes law, controls federal spending and oversees the executive branch. Its two chambers represent states and districts on different terms and hold different constitutional powers.

Comprehensive legal regimes for digital assets, such as the EU's MiCA and proposed US market-structure bills, defining how tokens are issued, traded, and supervised.