Circle Internet Financial highlights the challenges and frustrations it faces due to the current state of U.S. crypto policy, specifically the broad regulatory interpretation that categorizes many crypto assets as securities. This has led Circle to geofence certain assets on Poloniex from U.S. users to comply with existing laws, despite believing that these assets should not be classified as securities. The company emphasizes the need for updated regulatory frameworks that can accommodate innovative technologies like digital assets, which do not neatly fit into existing categories of securities, commodities, or currencies. Circle has been actively advocating for clearer regulations by engaging with U.S. Congress and supporting legislation like the Token Taxonomy Act, which aims to provide regulatory certainty by excluding digital tokens from being defined as securities. Furthermore, Circle has collaborated with other industry leaders to form advocacy groups such as the Blockchain Association and Global Digital Finance to promote innovation and set industry standards internationally. The organization continues to engage with global regulatory bodies and urges lawmakers to recognize the potential economic benefits of crypto technologies, warning that without action, the U.S. risks falling behind in the global crypto and blockchain innovation race.