Recently, the U.S. government has shown a more open attitude towards the regulation of crypto assets, a move that could trigger a significant shift in global regulatory direction. However, this change may also spark new controversies and disagreements on an international scale.

The new policy of the US government allows 401(k) pension plans to invest in Bitcoin and Ethereum, while nominating an economist who supports Crypto Assets to the Federal Reserve. These measures send a clear signal to the world: the US is recognizing Crypto Assets as legitimate investment tools.

At the regulatory level, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are working together to promote the "Crypto Assets Sprint" initiative and have dispatched working groups to solicit feedback from small and medium-sized enterprises nationwide. This incremental regulatory approach may be emulated by countries like Europe and Canada.

However, this policy shift is not without controversy. The Democrats have expressed concern, questioning whether the new policy will facilitate certain business interests. Worldwide, countries may adopt different positions based on varying interests. Some countries may follow the United States in easing regulations, while others, particularly those worried about the expansion of dollar hegemony, may choose to tighten regulations.

It is worth noting that while the U.S. government has shown a more open attitude towards Crypto Assets, the latest 168-page report released by the White House does not mention "Bitcoin reserves." This indicates that the U.S. government may be more inclined to be a rule maker rather than directly supporting specific Crypto Assets.

With the shift in U.S. policy, the global Crypto Assets regulatory landscape is facing a reshaping. How countries will balance innovation and risk, and how they will find a balance between international cooperation and competition, will be key issues in the near future.