美國立法環境

由於對前總統唐納德·特朗普（Donald Trump）參與加密貨幣的關注，美國立法景觀被陷入了政治和金融的高風險漩渦中

The American legislative landscape is caught in a high-stakes swirl of politics and finance, with concerns about former President Donald Trump’s involvement in crypto ventures threatening to derail crucial stablecoin policy.

美國立法景觀陷入了政治和金融的高風險漩渦中，擔心前總統唐納德·特朗普（Donald Trump）參與加密貨幣風險，威脅要脫軌至關重要的穩定政策。

As the dust settles on a tumultuous year in crypto, the rejection of the "Guiding and Establishing National Innovation for U.S. Stablecoins Act" (GENIUS Act) by the Senate comes as a blow to those pushing for robust digital currency legislation.

隨著塵埃落定在加密貨幣的動盪一年中，參議院拒絕了“為美國穩定者法案的指導和建立國家創新”（天才法案），這是對那些推動強大的數字貨幣立法的人的打擊。

But the rejection, which occurred in a close vote with senators returning to their home states and the session nearing its end, might be linked to broader ethical concerns that stalled the act's progress.

但是，拒絕是在經過一票的投票中發生的，參議員返回其本州並接近結束的會議可能與更廣泛的道德問題有關，使該行為的進步停滯不前。

The pressing need for legislation is evident, especially with the rapid integration of digital currencies into daily commerce. The GENIUS Act promised to simplify how stablecoins—cryptocurrencies pegged to stable assets like the U.S. dollar—are managed, cutting through the complexity often associated with cryptocurrency regulation.

對立法的迫切需求顯而易見，尤其是將數字貨幣迅速整合到日常貿易中。 《天才法案》承諾簡化穩定的穩定性（固定在穩定的資產（如美元）之類的穩定資產）中如何進行管理，從而削減了通常與加密貨幣調節有關的複雜性。

However, despite bipartisan support and recognition of the urgency, the act's fate was sealed as senators ultimately decided against it. This leaves the U.S. lagging behind other nations in an increasingly crucial domain of the global economy.

但是，儘管兩黨的支持和對緊迫性的認可，但隨著參議員最終決定反對這一行為，該法案的命運被封印了。這使美國在全球經濟的日益關鍵領域中落後於其他國家。

The rejection also comes amid a flurry of activity in the crypto sphere, including Trump’s own forays into memecoins.

拒絕還出現在加密貨幣領域的一系列活動中，包括特朗普自己進入Memecoins。

One such coin, named after Trump and featuring his image, quickly amassed a following and had a significant portion of its tokens sold in the first 24 hours following its launch earlier this year. The coin's fortunes soared, and it is estimated to have raised over $100 million in trading fees during its peak.

這樣的硬幣以特朗普的名字命名並以他的形象命名，迅速積累了追隨者，並在今年早些時候推出後的前24小時內出售了其代幣的很大一部分。硬幣的命運飆升，據估計在其高峰期籌集了超過1億美元的交易費用。

But as Trump's coins rose and fell, so too did the hopes of those pushing for the GENIUS Act. With accusations of the former president's influence in crypto circles swirling behind the scenes of Congress, critics decried what they saw as corruption in broad daylight.

但是，隨著特朗普的硬幣升起而倒下，那些推動天才行為的人也是如此。批評者指控前總統對加密貨幣界的影響在國會幕後旋轉，批評者譴責了他們在寬廣的日光中認為的腐敗。

The intertwining of business exploits and political roles threatens to leave America in the rearview mirror as the digital economy races forward.

隨著數字經濟的向前發展，商業發展和政治角色的交織可能會將美國留在後視鏡中。

But there is still hope, and the GENIUS Act remains a beacon of order amidst the chaos—a regulatory north star that experts say is needed to simplify how stablecoins are managed, if only political entanglements could be unraveled.

但是仍然有希望，而《天才法案》仍然是混亂中的秩序燈塔，這是專家說的監管北極星，以簡化穩定的方式，如果只能揭開政治糾纏。

The DEFI (Decentralized Finance) industry stands at a critical juncture as the Senate's rejection of the GENIUS Act marks a setback for those advocating for the integration of cryptocurrencies into the U.S. financial system.

由於參議院對《天才法案》的拒絕標誌著那些主張將加密貨幣整合到美國金融體系的人來說，Defi（分散財務）行業處於關鍵關鍵時刻。

The rejection occurred as senators returned to their home states and the session drew to a close, leaving little time for a follow-up vote.

當參議員返回其本州，會議結束時，拒絕發生了，幾乎沒有時間進行後續投票。

The act, which aimed to create a framework for regulating stablecoins, was met with bipartisan support and recognition of the urgency considering other nations' progress in the domain.

該法案旨在創建一個用於調節穩定的框架的框架，考慮到其他國家在該領域中的進步，兩黨的支持和對緊迫性的認可。

However, despite this support, the senators ultimately decided against the act, leaving the U.S. lagging behind in an increasingly crucial part of the global economy.

但是，儘管有這樣的支持，但參議員最終決定反對這一行為，使美國在全球經濟的日益關鍵部分中落後。

The rejection also comes amid a flurry of activity in the crypto sphere, including former President Donald Trump’s involvement in memecoins.

在加密貨幣領域的一系列活動中，拒絕也出現了，包括前總統唐納德·特朗普（Donald Trump）參與成員。

One such coin, named after Trump and featuring his image, quickly amassed a following and had a significant portion of its tokens sold in the first 24 hours following its launch earlier this year. The coin's fortunes soared, and it is estimated to have raised over $100 million in trading fees during its peak.

這樣的硬幣以特朗普的名字命名並以他的形象命名，迅速積累了追隨者，並在今年早些時候推出後的前24小時內出售了其代幣的很大一部分。硬幣的命運飆升，據估計在其高峰期籌集了超過1億美元的交易費用。

But as Trump's coins rose and fell, so too did the hopes of those pushing for the GENIUS Act. With accusations of the former president's influence in crypto circles swirling behind the scenes of Congress, critics slammed what they saw as corruption in broad daylight.

但是，隨著特朗普的硬幣升起而倒下，那些推動天才行為的人也是如此。批評家指控前總統對加密貨幣界的影響力在國會幕後旋轉，批評者抨擊了他們在廣闊的日光中所認為的腐敗。

The DEFI industry stands at a critical juncture as the Senate's rejection of the GENIUS Act marks a setback for those advocating for the integration of cryptocurrencies into the U.S. financial system.

由於參議院對《天才法》的拒絕標誌著那些主張將加密貨幣整合到美國金融體系的人的挫折標誌著，Defi行業處於關鍵關鍵時刻。

The rejection occurred as senators returned to their home states and the session drew to a close, leaving little time for a follow-up vote.

當參議員返回其本州，會議結束時，拒絕發生了，幾乎沒有時間進行後續投票。

The act, which aimed to create a framework for regulating stablecoins, was met with bipartisan support and recognition of the urgency considering other nations' progress in the domain.

該法案旨在創建一個用於調節穩定的框架的框架，考慮到其他國家在該領域中的進步，兩黨的支持和對緊迫性的認可。

However, despite this support, the senators ultimately decided against the act, leaving the U.S. lagging behind in an increasingly crucial part of the global economy.

但是，儘管有這樣的支持，但參議員最終決定反對這一行為，使美國在全球經濟的日益關鍵部分中落後。

The rejection also comes amid a flurry of activity in the crypto sphere, including former President Donald Trump’s involvement in memecoins.

在加密貨幣領域的一系列活動中，拒絕也出現了，包括前總統唐納德·特朗普（Donald Trump）參與成員。

One such coin, named after Trump and featuring his image, quickly amassed a following and had a significant portion of its tokens sold in the first 24 hours following its launch earlier this year. The coin's fortunes soared, and it is estimated to have raised over $100 million in trading

這樣的硬幣以特朗普的名字命名並以他的形象命名，迅速積累了追隨者，並在今年早些時候推出後的前24小時內出售了其代幣的很大一部分。硬幣的命運飆升，據估計已籌集了超過1億美元的交易