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US Legal Framework

Definition

The US Legal Framework refers to the body of laws, regulations, and judicial precedents governing activities within the United States. This framework comprises federal and state statutes, administrative rules from agencies, and court decisions that establish legal parameters. For digital assets, this framework involves a complex interplay of securities law, commodities law, money transmission regulations, and tax codes. Navigating this intricate system is crucial for businesses and individuals operating in the US digital asset market.