《硬幣法》旨在防止包括總統在內的公職人員為個人利益而利用數字資產。這是確保道德治理的正確舉措嗎？

COIN Act: Curbing Crypto Profiteering by Public Officials – A Necessary Step?

硬幣法：遏制公職人員的加密潤滑 - 必不可少的一步？

The intersection of cryptocurrency and politics is heating up, and not in a good way. With President Trump's recent DeFi earnings sparking controversy, lawmakers are scrambling to tighten ethics laws. Enter the COIN Act, designed to prevent public officials from cashing in on the crypto craze while in office. Is this the right move to ensure ethical governance?

加密貨幣與政治的交集正在升溫，而不是很好。隨著特朗普總統最近的Defi收入引發爭議，議員們正在加緊道德法。輸入《硬幣法》，旨在防止公職人員在上任時兌現加密貨幣熱潮。這是確保道德治理的正確舉措嗎？

The COIN Act: What's the Deal?

硬幣法：這是什麼交易？

Senator Adam Schiff and a crew of Democratic colleagues introduced the COIN Act to tackle financial misconduct involving digital assets. This bill aims to block high-ranking U.S. officials – think president, vice president, cabinet members, and Congress folks – from launching, promoting, or profiting from crypto. That includes cryptocurrencies, memecoins, NFTs, and stablecoins. And it's not just during their time in office; the ban extends 180 days before and two years after.

參議員亞當·希夫（Adam Schiff）和民主黨同事的船員提出了《硬幣法》，以解決涉及數字資產的財務不當行為。該法案旨在阻止美國高級官員（認為總統，副總裁，內閣成員和國會居民）從加密貨幣發射，促進或獲利。其中包括加密貨幣，成員，NFTS和Stablecoins。這不僅是在他們任職期間；該禁令延長了180天和兩年後。

The motivation? Allegedly, Trump's reported $57.4 million earnings from a DeFi project in 2024 raised some serious eyebrows. Lawmakers want to prevent any potential conflicts of interest and keep public trust intact.

動機？據稱，特朗普在2024年從Defi項目中獲得了5740萬美元的收入，引起了一些嚴重的眉毛。立法者希望防止任何潛在的利益衝突，並保持公眾信任。

Trump's Crypto Ventures: A Red Flag?

特朗普的加密貨幣冒險：危險信號？

Trump's financial disclosures revealed earnings from World Liberty Financial, a platform reportedly run by his family, which launched a USD1 stablecoin in March 2024. This move prompted concerns about using presidential power for personal gain. The COIN Act directly targets these concerns, aiming to prevent similar financial ventures in the future.

特朗普的財務披露顯示，世界自由金融公司的收入是由他的家人經營的一個平台，該平台於2024年3月推出了1美元的Stablecoin。此舉引起了人們對利用總統權力謀取個人利益的擔憂。 《硬幣法》直接針對這些問題，旨在防止將來類似的金融企業。

Stablecoins and Transparency: New Rules of the Game

Stablecoins和透明度：遊戲的新規則

The COIN Act isn't just about banning crypto schemes. It also imposes new compliance requirements on stablecoin issuers tied to public officials. Companies need to certify that no public figure profits from the coin issuance to get regulatory approval. Plus, all public officials must include crypto assets in their annual disclosures and report digital asset transactions, aligning crypto with other financial assets.

硬幣行為不僅僅是禁止加密計劃。它還對與公職人員有關的Stablecoin發行人施加了新的合規要求。公司需要證明硬幣發行中沒有公眾人物的利潤來獲得監管批准。另外，所有公職人員必須在其年度披露中包括加密資產，並報告數字資產交易，並將加密貨幣與其他金融資產保持一致。

Industry Reactions and the GENIUS Act

行業反應與天才法

While the COIN Act aims to restrict crypto involvement, another bill, the GENIUS Act, seeks to establish the U.S. as a leader in the digital asset market. Trump has urged the House to pass the GENIUS Act quickly, but industry stakeholders are wary. They're concerned about how Trump's pro-crypto stance might influence the passage of market structure legislation.

儘管《硬幣法》旨在限制加密貨幣的參與，但另一項法案，即《天才法》，旨在將美國確立為數字資產市場的領導者。特朗普敦促眾議院迅速通過《天才法案》，但行業利益相關者保持警惕。他們擔心特朗普的親克賴普托立場可能會影響市場結構立法的通過。

My Take: A Necessary Evil or Overreach?

我的看法：必要的邪惡或過度透露？

Here's where I stand: The COIN Act seems like a necessary step to maintain public trust and prevent corruption. While I'm all for innovation and embracing new technologies, we can't let public officials exploit their positions for personal gain. The $57 million Trump made is a bit sus, even for New York standards. Stronger boundaries are needed to ensure that personal holdings don't influence public duties.

這是我的立場：《硬幣法》似乎是維持公眾信任並防止腐敗的必要步驟。雖然我全力以赴創新和擁抱新技術，但我們不能讓公職人員利用他們的立場來謀取個人利益。即使是紐約標準，特朗普的耗資5700萬美元也有些sus。需要更強大的界限來確保個人持有不會影響公共職責。

However, there's a fine line between preventing corruption and overreach. We need to ensure that these regulations are targeted and don't stifle innovation or unfairly restrict the financial freedom of public officials. Maybe we should also consider how crypto campaign spending can sway elections, as allegedly happened with Schiff's Senate run. Just food for thought.

但是，防止腐敗和過度延伸之間有一個很好的界限。我們需要確保這些法規是有針對性的，並且不要扼殺創新或不公平地限制公職人員的財務自由。也許我們還應該考慮加密競選活動支出如何影響選舉，就像席夫參議院競選中所發生的那樣。只是思考的食物。

Final Thoughts

最後的想法

The COIN Act is a bold move to regulate the intersection of crypto and politics. Whether it becomes law remains to be seen, but it definitely sparks an important conversation about ethics and accountability in the digital age. So, buckle up, folks! It looks like things are about to get interesting.

《硬幣法》是規範加密和政治交集的大膽舉措。它是否成為法律還有待觀察，但它肯定引發了關於數字時代道德和問責制的重要對話。所以，搭扣，伙計們！看起來事情將變得有趣。