Meng Yan's Dialogue with Dr. Shao Qing: The Policy Logic of Trump's Cryptocurrency New Deal ". Trump divided the process into five steps: first, loosening public opinion and concepts; second, establishing the US National Digital Asset Reserve; and finally, establishing a regulatory framework for stablecoins, putting real-world assets on the chain, and launching a" new type of regulated ICO "mechanism. Trump is not suppressing financial innovation on the blockchain, but attempting to transform it into a new infrastructure that serves the US dollar, attracting overseas capital to "subscribe to the United States" on the blockchain. The United States may use this opportunity to rebuild its position as a "financial network hub" and become the endpoint of global asset chain issuance, settlement, and clearing. The most difficult aspect to break through is the strict anti money laundering and counter-terrorism financing regulatory principles that the United States has always adhered to. If the Trump team wants to promote the legalization of stablecoins, RWAs, and new types of ICOs, they must simultaneously build a "chain auditable and accountable" compliance infrastructure. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=47&id=39880