In 2023, the U.S. government took a series of significant measures in the Crypto Assets field. In the first half of the year, senior government officials actively promoted legislation related to Bitcoin strategic reserves, highlighting the importance placed on digital assets. Entering the second half of the year, the U.S. further expanded its cryptocurrency strategy, committed to fully putting financial assets on-chain. This initiative is jointly led by the SEC and the White House, implemented through the 'Project Crypto' policy.

At the same time, other regions around the world are also accelerating their regulation of Crypto Assets. Hong Kong has recently implemented a new policy requiring KYC (Know Your Customer) procedures for on-chain transfers of stablecoins, reflecting regulators' concerns about the security and compliance of Crypto Assets transactions.

These developments indicate that Crypto Assets are gradually integrating into the mainstream financial system, but they also face stricter regulations. Governments and regulatory bodies around the world are actively exploring how to strike a balance between encouraging innovation and protecting investors. As these policies advance, we may witness significant changes in the landscape of the Crypto Assets market and further integration of traditional finance with digital assets.