在歐盟內部的加深政策鴻溝中，歐洲中央銀行（ECB）對美元支持的Stablecoins發出了強烈警告

這些數字資產涉及歐洲央行關於歐洲金融獨立性。歐洲中央銀行需要立即對加密資產（MICA）法規的市場進行修訂。

The European Central Bank (ECB) is pressing for immediate revisions to the Markets in Crypto-Assets (MiCA) regulation, highlighting the urgency in a statement released on Thursday.

歐洲中央銀行（ECB）正在迫使加密資產（MICA）法規的市場立即修訂，在周四發布的聲明中強調了緊迫性。

The urgency stems from the European Central Bank’s concerns over U.S. dollar-backed stablecoins, which could disrupt European financial systems with large-scale financial flows, ultimately reducing the role of the euro currency and diverting funding from European markets.

緊迫性源於歐洲中央銀行對美元支持的Stablecoins的擔憂，這可能會以大規模的金融流量破壞歐洲金融體系，最終降低了歐元貨幣的作用並從歐洲市場轉移了資金。

The main subject of this dispute involves stablecoin regulation since stablecoins function as digital currencies that maintain value stability when tethered to traditional currencies such as the US dollar. The ECB notes that increased use of these assets presents a risk to the monetary control power that national and regional authorities hold.

該爭端的主要主題涉及穩定的調節，因為穩定幣是數字貨幣的作用，這些數字貨幣在束縛在諸如美元的傳統貨幣上時保持價值穩定性。歐洲央行指出，增加這些資產的使用給國家和地區當局所擁有的貨幣控制權帶來了風險。

The European Central Bank (ECB) is pressing for immediate revisions to the Markets in Crypto-Assets (MiCA) regulation. The urgency stems from the ECB’s concerns over U.S. dollar-backed stablecoins, which could disrupt European financial systems with large-scale financial flows, ultimately reducing the role of the euro currency and diverting funding from European markets.

歐洲中央銀行（ECB）正在敦促立即對加密資產（MICA）法規的市場進行立即修訂。緊迫性源於歐洲央行對美元支持的穩定幣的擔憂，這可能會以大規模的金融流量破壞歐洲金融體系，最終降低了歐元貨幣的作用並將資金從歐洲市場轉移。

“The U.S. administration and Congress are working on legislation to regulate stablecoins, which could be backed by the dollar and used in cross-border payments,” said the ECB in a statement.

歐洲央行在一份聲明中說：“美國政府和國會正在製定立法，以規範穩定的人，這可能會受到美元的支持並用於跨境支付。”

The statement adds that the administration is also considering allowing a limited number of large U.S. institutions to hold a wider range of crypto assets.

聲明補充說，政府還正在考慮允許有限數量的美國大型機構持有更廣泛的加密資產。

The European Union's executive branch, the European Commission, has defended the existing legal framework, asserting that it provides sufficient safeguards.

歐洲聯盟的行政部門歐洲委員會為現有的法律框架辯護，並斷言它提供了足夠的保障措施。

"The Commission considers that the existing legal instruments are sufficient to mitigate any risks arising from international stablecoins," said the Commission in a policy paper.

該委員會在政策文件中說：“委員會認為現有的法律文書足以減輕國際穩定的任何風險。”

The Commission claims that the ECB misinterprets the regulatory goals because the bank fails to understand the limits of EU issuers’ obligation to issue and redeem stablecoins within the European Union.

委員會聲稱，歐洲央行誤解了監管目標，因為銀行未能理解歐盟發行人在歐盟內部發行和贖回stablecoins的限制。

"The Commission maintains that MiCA already contains sufficient safeguards to manage the risks posed by large-scale stablecoins, taking into account the specificities of the Union's legal order and the interplay of various regulatory domains," the paper continues.

該論文繼續說：“委員會認為，考慮到工會法律命令的特殊性以及各種監管領域的相互作用，雲母已包含足夠的保障措施來管理大型穩定股的風險。”

In recent discussions among EU finance officials, the Commission received wider backing for its specific position. Some European Union member states preferred to let existing rules be implemented while showing resistance to new regulations at this point. A senior diplomat from the EU expressed the weak governmental interest in revising a regulation just months after its adoption took effect.

在歐盟財務官員最近的討論中，委員會因其特定立場而獲得了更廣泛的支持。一些歐盟成員國更願意實施現有規則，同時在這一點上表現出對新法規的抵制。歐盟的一名高級外交官表示，在採用後僅幾個月，就對修改法規的政府利益薄弱。

"There is no appetite in the governments to go back to the table so quickly," said the diplomat.

這位外交官說：“政府沒有渴望如此迅速地回到桌子上的食慾。”

The statement from the European Central Bank follows an earlier warning from ECB President Christine Lagarde, who, together with Executive Board Member Piero Cipollone, insisted on stronger regulatory measures.

歐洲中央銀行的聲明在歐洲央行總裁克里斯汀·拉加德（Christine Lagarde）的較早警告下，他與執行委員會成員皮埃羅·齊波隆（Piero Cipollone）一起堅持了更強大的監管措施。

Current statements from officials reveal an institutional belief that MiCA lacks sufficient power to mitigate expanding global stablecoin market risks. ECB officials warn about potential dangers in rising EU investments in U.S. debt instruments because it would increase EU dependence on external financing.

官員的當前聲明表明，機構信念認為，雲母缺乏減輕全球穩定市場風險的足夠權力。歐洲央行官員警告說，歐盟對美國債務工具的投資增加可能會增加歐盟對外部融資的依賴。

In parallel, the ECB might maintain its opposition against stablecoins because it seeks to launch its digital euro project. The introduction of this initiative marks a strategic approach against crypto asset growth while enabling Eurozone countries to maintain financial control in the increasingly digital global marketplace.

同時，歐洲央行可能會對穩定幣的反對，因為它試圖啟動其數字歐元項目。該計劃的引入標誌著一種反對加密資產增長的戰略方法，同時使歐元區國家能夠在日益數字的全球市場中保持財務控制。

Finally, the dispute between the ECB and the Commission shows the difficulty of achieving innovation alongside effective regulations. The European Union will face an essential examination of its regulatory infrastructure between defending its monetary interests as transnational crypto operations adapt.

最後，歐洲央行與委員會之間的爭議顯示了與有效法規一起實現創新的困難。歐盟將面臨對其監管基礎設施的基本檢查，以捍衛其作為跨國加密運營的貨幣利益。