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Federal Authority

Definition

Federal Authority refers to the power and jurisdiction exercised by a national government or its agencies. In the context of digital assets, this pertains to the regulatory oversight and enforcement capabilities of governmental bodies concerning cryptocurrencies, blockchain technology, and related financial activities. Such authority dictates the legal framework within which digital assets can be created, traded, and utilized. Understanding the scope and actions of federal authorities is paramount for navigating the evolving legal and operational landscape of the digital asset space.