Coinbase，DOJ和國家執法：一場加密拖船戰線？

Coinbase尋求司法部對國家加密執法的干預。它是狂野的，還是必要的州監督？

Hold onto your hats, crypto enthusiasts! The landscape of digital assets in the U.S. is getting even more interesting with the ongoing interplay between Coinbase, the Department of Justice (DOJ), and various state-level enforcements. Let's dive in!

抓住您的帽子，加密愛好者！通過Coinbase，司法部（DOJ）和各種州級執行之間的持續相互作用，美國數字資產的景觀變得更加有趣。讓我們潛入！

Coinbase Calls for DOJ Backup

Coinbase呼籲DOJ備份

Coinbase is not happy. After the SEC dropped its case, Coinbase is now facing a barrage of state-level actions, and they're asking the DOJ to step in. Coinbase's Chief Legal Officer, Paul Grewal, penned a 14-page letter urging the DOJ to push Congress for “broad preemption provisions.” Grewal argues that states overreaching is not federalism but “government run amok.”

Coinbase不開心。 SEC撤銷案件後，Coinbase現在面臨著一系列州級行動，他們要求司法部介入。 Coinbase的首席法律官Paul Grewal撰寫了一封14頁的信，敦促司法部推動國會推動國會“廣泛的預先搶先規定”。格雷瓦爾認為，各州的過度言論不是聯邦制，而是“政府競選阿莫克”。

The Oregon Trail (of Litigation)

俄勒岡步道（訴訟）

Oregon Attorney General Dan Rayfield is leading the charge, alleging that Coinbase sold unregistered securities to state residents. This echoes the claims made in the SEC case that was dropped earlier this year. Rayfield believes states need to “fill the enforcement vacuum” left by federal regulators. Coinbase, in turn, is fighting back, filing lawsuits and attempting to move the case to federal court.

俄勒岡州檢察長丹·雷菲爾德（Dan Rayfield）領導該指控，指控Coinbase將未註冊的證券出售給州居民。這回應了今年早些時候在SEC案件中提出的索賠。雷菲爾德認為，各州需要“填補聯邦監管機構留下的執法真空”。反過來，Coinbase正在反擊，提起訴訟，並試圖將案件移交給聯邦法院。

Market Structure on the Horizon?

市場結構即將到來？

While Coinbase battles state actions, Congress is inching closer to establishing a digital asset market structure. The Senate Banking Committee is expected to vote on legislation that would clarify the roles of the SEC and CFTC in crypto regulation. Coinbase wants the DOJ to advocate for preemption provisions that would exempt federally regulated digital assets from state blue-sky laws.

儘管Coinbase與國家行動作鬥爭，但國會正靠近建立數字資產市場結構。預計參議院銀行委員會將對立法進行投票，以闡明SEC和CFTC在加密法規中的作用。 Coinbase希望司法部倡導先發製人的規定，以將聯邦規範的數字資產免於州藍光法律。

Binance's Balancing Act with the DOJ

Binance與司法部的平衡行為

Meanwhile, Binance is also in talks with the DOJ, negotiating the terms of its $4.3 billion settlement related to anti-money laundering compliance. There's speculation that Binance is seeking to eliminate a key oversight condition. Interestingly, the SEC seems to be softening its stance, dropping enforcement cases against major players like Coinbase and Binance after a period of harsh crackdowns.

同時，Binance還與司法部進行了會談，談判其與反洗錢合規性有關的43億美元和解的條款。有人猜測Binance正在尋求消除關鍵的監督條件。有趣的是，SEC似乎正在減輕其立場，在經過一段時間的嚴厲鎮壓之後，對Coinbase和Binance等主要參與者的執法案件放棄了案件。

My Two Satoshis

我的兩個satoshis

It seems like the DOJ is currently reducing the number of compliance monitors that were appointed during the Biden administration. Given the current political climate, it's not surprising to see states stepping up their enforcement efforts in the absence of clear federal leadership. It also highlights the urgent need for comprehensive federal legislation to provide clarity and consistency in crypto regulation. Otherwise, it will be a cat and mouse game.

似乎司法部目前正在減少拜登政府期間任命的合規監視器的數量。鑑於當前的政治氣氛，在沒有明確的聯邦領導層的情況下，各州在加緊執法工作並不奇怪。它還強調了迫切需要進行全面的聯邦立法，以提供加密法規的清晰度和一致性。否則，這將是貓和老鼠的遊戲。

The Takeaway

外賣

The 'Coinbase, DOJ, state enforcement' situation is a multi-layered saga that highlights the growing pains of regulating a rapidly evolving industry. From lawsuits to legislative efforts, the future of crypto regulation in the U.S. remains uncertain, but one thing is clear: it's going to be a wild ride. So, buckle up, stay informed, and maybe invest in a good lawyer... just in case!

“ Coinbase，DOJ，國家執法”情況是一個多層的傳奇，它突出了規範快速發展的行業的日益嚴重的痛苦。從訴訟到立法努力，美國加密監管的未來仍然不確定，但是有一件事很明顯：這將是一次瘋狂的旅程。因此，扣緊，保持知情，也許可以投資一個好的律師……以防萬一！