#数字资产法案 The "Digital Asset Act" is an important legislative attempt in the era of the digital economy, with its core focus on balancing innovation incentives and risk prevention. The act clarifies the ownership of digital assets, circulation rules, and regulatory framework, which is beneficial for enhancing market transparency and investor confidence, and promoting the compliant development of blockchain technology. However, it is important to be wary of excessive regulation that may curb industry vitality, especially for emerging models such as decentralized finance (DeFi), where a technology-neutral approach should be maintained. It is recommended to establish a dynamic regulatory mechanism, introduce sandbox trials, and while preventing risks such as money laundering and fraud, retain flexible space for technological iteration. Legislation should also take into account the global nature, avoiding disconnection from international rules.