《A Dialectical Perspective on U.S. Crypto Asset Policy》 (Author: Wang Yongli) Former Vice President of Bank of China, Wang Yongli, writes that the U.S., based on the **GENIUS Act**, is driving the SEC and CFTC to jointly define five major categories of crypto assets and their respective regulatory authorities. This indeed resolves long-standing regulatory conflicts, provides clearer legal boundaries, and offers some reference value. However, the key takeaway is that countries should not simply view the U.S. framework as a universal template: the fundamental goal of the U.S. in promoting stablecoin and crypto legislation is to further strengthen the dominance of the dollar and its control over the global financial system. The article also emphasizes that other nations, when dealing with crypto assets, should not only recognize the impact of the on-chain world on financial sovereignty and regulatory systems but also advance classification-based regulation, digital sovereign currencies, and RWA pathways based on their own national conditions—rather than blindly following the U.S. approach. https://(wublock123.com)/articles/us-crypto-asset-policy-perspective-58850