ChainCatcher news, the latest research report from blockchain infrastructure company Blockdaemon points out that as the 2024 U.S. presidential election approaches, the regulatory landscape for digital assets is expected to make significant progress in 2025. The report indicates that two key regulatory policies are currently in the legislative process: the proposal to repeal SAB 121 and the landmark "21st Century Financial Innovation and Technology Act" (FIT21).Among them, the FIT21 bill was passed in the House of Representatives in May 2024 with bipartisan support. The core content of the bill includes clearly defining the regulatory boundaries between the SEC and CFTC, establishing standards for identifying the commodity and security attributes of digital assets, and creating a legal framework for financial institutions to conduct digital asset custody services.Blockdaemon predicts that with strong bipartisan support, the FIT21 bill is expected to pass the Senate in 2025 and ultimately be signed into law, which will enable the U.S. to play a leading role in balancing innovation and consumer risk.

ChainCatcher news, according to Cointelegraph, the Qatar Financial Centre (QFC) has recently released a comprehensive framework regarding the regulation and creation of digital assets.In line with the strategy of the Qatar Central Bank, the regulatory bodies of QFC—the Qatar Financial Centre Authority (QFCA) and the Qatar Financial Centre Regulatory Authority (QFCRA)—have announced a framework that lays the foundation for digital assets within the QFC.These rules include tokenization processes, legal recognition of property rights for tokens and underlying assets, custodial arrangements, transfer, and exchange. Additionally, the framework also contains provisions for the legal recognition of smart contracts.Similar to the free economic zones in the United Arab Emirates, the QFC operates independently from mainland Qatar, with its own legal, regulatory, tax, and business framework to distinguish it from other regions of Qatar.

ChainCatcher News, U.S. Congressman Tom Emmer stated in a speech: "I support Congress in establishing a regulatory framework for digital assets, which will allow the United States to lead once again."