#数字资产法案 Digital Asset Act

Recently, the Digital Asset Act has become a hot topic. In April 2025, Arizona, USA, passed the 'Strategic Digital Asset Reserve Act', allowing the state treasury to invest up to 10% of public funds in Bitcoin and other digital assets, marking breakthroughs in investment scope, risk management, and profit distribution. China is also actively promoting digital asset legislation, aiming to build a legal foundation and activate the data factor market, among other goals. The act can regulate the market and protect investors, but it also faces controversies such as price volatility and regulatory arbitrage. In the future, it needs continuous improvement to adapt to the development of the digital economy.