U.S. regulators have rolled out a new framework that categorizes digital assets into five types: digital commodities, stablecoins, tokenized securities, NFTs, and digital utilities. This move aims to clarify the regulatory scope, reduce investor uncertainty, and unlock broader institutional capital by distinguishing utility tokens and other assets from securities. While this is expected to bring more coordinated policy, its actual implementation will be closely monitored to assess its impact on market structure and innovation.