In April 2023, the United States vigorously promoted the digital asset bill, demonstrating its strong intention to seek a dominant position in global financial innovation and the digital economy. This push not only covers the establishment of a regulatory framework but also includes a strategic plan for the future development direction of Bitcoin, stablecoins, and even blockchain technology.

First, the government issued an executive order opposing central bank-led digital currencies (CBDCs), instead supporting the development of decentralized blockchain networks and USD-backed stablecoins, and requiring federal agencies to propose a comprehensive digital asset regulatory framework within six months. This shows a shift in government attitude from passive observation to active engagement, aiming not only to prevent cryptocurrency risks but also to seize its potential economic and political value.

At the same time, Congress is advancing multiple bills related to digital assets, such as the Financial Innovation and Technology Act and the Stablecoin Transparency Act, with the goal of establishing a clear, unified, and flexible regulatory mechanism to allow digital assets to develop in a legal and stable environment. If these bills pass smoothly, they will bring more confidence and capital to the cryptocurrency industry and attract more companies back to the US market.

However, this wave of legislative enthusiasm has also sparked controversy. For instance, the involvement of politicians in digital asset-related companies may lead to conflicts of interest; moreover, despite policy support, market reactions to Bitcoin and others may not be optimistic, indicating a gap between policy and market.

Overall, the United States' vigorous push for the digital asset bill marks an important milestone in the maturation of global cryptocurrency policy, but its effectiveness still needs time for verification, especially in terms of achieving a balance between regulatory implementation, market response, and political transparency.