# Global Compliance Progress

Global regulatory policies for the digital asset industry are transitioning from ambiguity to greater clarity and refinement, laying a solid foundation for the healthy development of the industry.

The U.S. is Actively Engaging in Digital Asset Regulation

The United States has been particularly active in the regulatory space for digital assets. The stance of former President Donald Trump notably shifted over time. Initially critical of cryptocurrencies, he became more supportive after discovering the potential of NFTs in 2022 and receiving political donations from cryptocurrency investors. He declared his goal to make the U.S. the world’s Bitcoin superpower and a hub for cryptocurrencies, promising to relax regulatory oversight. In 2025, Trump announced the issuance of "TrumpCoin," signed an executive order to establish a strategic Bitcoin reserve, and hosted a cryptocurrency summit to support the growth of the crypto market, with plans to incorporate various cryptocurrencies into the U.S. strategic reserves. Prior to this, President Biden signed relevant executive orders, and the U.S. government set up a Digital Asset Working Group. The SEC launched a special cryptocurrency task force website, and U.S. Senators proposed stablecoin regulation bills, actively pushing forward legislation and regulatory frameworks.

Singapore's Achievements in Digital Asset Regulation

Singapore has made significant progress in the regulation of digital assets. The Monetary Authority of Singapore (MAS) has launched initiatives like "Project Ubin," "Project Dunbar," "Ubin+," and "Project Orchid" to explore the use of blockchain and other technologies in areas such as payments, clearing and settlement, cross-border foreign exchange settlement, and the development of a retail Central Bank Digital Currency (CBDC) system. Additionally, Singapore has issued guidelines for cryptocurrency exchanges and related laws and amendments to regulate cryptocurrency trading. In July 2023, public feedback was sought on draft amendments to these regulations, which aimed to strengthen the oversight of customer asset custody and other behaviors.

With Improved Regulatory Frameworks, Compliance Becomes an Inevitable Trend for the Digital Asset Industry

As regulations continue to improve globally, compliance has become an inevitable trend for the development of the digital asset industry. DogeBank, with its $50 million U.S. compliance fund, stands out in this area, enabling it to better adapt to regulatory requirements, reduce operational risks, and build trust among stakeholders. This will help DogeBank expand its business in a stable manner and work towards its goal of becoming the global leader in the mining exchange and AI-powered super computing power aggregation network, leading the industry in compliance, innovation, and sustainable development.
