《天才法》未能於5月8日在美國參議院通過

該法案由參議員比爾·哈格蒂（Bill Hagerty）贊助，並由參議員蒂姆·斯科特（Tim Scott），柯斯滕·吉利布蘭（Kirsten Gillibrand），辛西婭·盧米斯（Cynthia Lummis）和安吉拉·阿爾索布魯克（Angela Alsobrooks）共同贊助。

A bill that aimed to create a legal framework for stablecoins in the United States has failed to pass cloture in the Senate.

一項旨在在美國為Stablecoins建立法律框架的法案未能通過參議院的盤點。

The bill, known as the Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, or GENIUS Act, was introduced by Senator Bill Hagerty and had the support of both Democrats and Republicans. The measure had also been amended last-minute to address the concerns of Senate Democrats, who took aim at the bill and raised concerns about President Donald Trump’s cryptocurrency ventures.

該法案被稱為指導和建立國家創新，該法案是由參議員比爾·哈格蒂（Bill Hagerty）引入了《 2025年法案》或《天才法案》的《美國法案》法案，並得到了民主黨和共和黨人的支持。這項措施也已被修改為最後一刻，以解決參議院民主黨人的擔憂，後者瞄準了該法案，並提出了對唐納德·特朗普總統的加密貨幣企業的擔憂。

To address these concerns further, the bill included stricter requirements for stablecoin issuers and further provisions for Anti-Money Laundering.

為了進一步解決這些問題，該法案包括對Stablecoin發行人的更嚴格要求以及反洗錢的進一步規定。

The GENIUS Act was seen as a bipartisan effort to increase regulatory clarity for digital assets in the United States. The focus of the bill, stablecoins used for payments, was looked at as extending dollar dominance internationally and straying away from more controversial crypto topics.

《天才法》被視為兩黨的努力，以提高美國數字資產的監管清晰度。該法案的重點是用於付款的Stablecoins，被視為在國際上擴大了美元的統治地位，並偏離了更具爭議性的加密主題。

However, the bill faced difficulties passing cloture, which is a parliamentary procedure used in the Senate to limit debate on a bill and advance it to a vote.

但是，該法案遇到了困難，這是參議院中使用的議會程序，以限制對法案的辯論並將其推向投票。

After the procedure failed, Senate Majority Leader John Thune criticized Democrats, saying, “Democrats have been accommodated every step of the way […] frankly, I just don’t get it.”

程序失敗後，參議院多數黨領袖約翰·圖恩（John Thune）批評民主黨人說：“民主黨人已經被安置在[…]坦率地說，我只是不明白的。”

The vote on cloture was 52-47, with all seven members of the Senate Democratic leadership voting against the bill.

對Cloture的投票為52-47，參議院民主黨領導人的所有七名成員都對該法案進行了投票。

The failure to pass cloture deals a slight blow to cryptocurrency regulation in the country, as several bills are being pushed to create a legal framework for digital assets.

未能通過Cloture對該國的加密貨幣法規略有打擊，因為正在敦促一些法案為數字資產創建法律框架。

Earlier this year, the House passed a comprehensive cryptocurrency bill that would create a regulatory framework for digital assets and place limits on the activities of the U.S. Securities and Exchange Commission (SEC) in the crypto space.

今年早些時候，眾議院通過了一項全面的加密貨幣法案，該法案將為數字資產創建監管框架，並對加密貨幣領域的美國證券交易委員會（SEC）的活動限制。

The bill, known as the Financial Innovation and Technology (FIT) for the 21st Century Act, passed the House of Representatives by a vote of 386–3. It was largely a bipartisan effort, with support from both Democrats and Republicans.

該法案被稱為21世紀法案的金融創新和技術（FIT），以386-3的投票通過了眾議院。在民主黨和共和黨人的支持下，這在很大程度上是兩黨的努力。

The bill is now set to go to the Senate, although it faces an uncertain future in the upper chamber of Congress.

該法案現已將要去參議院，儘管國會上議院面臨著不確定的未來。

The House bill aimed to provide regulatory clarity for digital assets and set up a framework for their use in the United States. It would also place limits on the activities of the SEC, which has been the subject of criticism from the cryptocurrency industry for its handling of digital asset regulation.

眾議院法案旨在為數字資產提供法規清晰度，並為在美國使用建立框架。這也將對SEC的活動限制，這是加密貨幣行業對數字資產監管的處理的批評。

The bill also included provisions related to stablecoins, a type of cryptocurrency that is pegged to the value of a fiat currency, such as the dollar. Stablecoins have become increasingly popular in recent years as a means of facilitating cross-border payments and other financial transactions.

該法案還包括與Stablecoins有關的規定，這是一種與法定貨幣（例如美元）掛鉤的加密貨幣。近年來，穩定幣越來越受歡迎，作為促進跨境支付和其他金融交易的一種手段。

The GENIUS Act, which began in the Senate, had aimed to provide an alternative legal framework for stablecoins, focusing on streamlining dollar-denominated payment processing and reducing friction in cross-border transactions. It set forth a licensing and supervision regime for stablecoin issuers, requiring them to maintain capital adequacy and cooperate with relevant U.S. financial intelligence units. The bill aimed to place stablecoins operating in multiple jurisdictions within the scope of U.S. AML and financial intelligence reporting obligations. It also sought to prevent non-U.S. stablecoins from operating in the United States without proper authorization.

《天才法》始於參議院，旨在為Stablecoins提供替代性法律框架，重點是簡化美元計價的支付處理並減少跨境交易的摩擦。它為Stablecoin發行人制定了許可和監督制度，要求他們維持資本充足性並與相關的美國金融情報部門合作。該法案旨在將穩定幣放置在美國AML和金融情報報告義務範圍內的多個司法管轄區。它還試圖防止未經適當授權在美國運營非美國穩定。

The bill aimed to strike a balance between innovation in the digital asset space and the need for consumer protection and financial stability. It was a significant step forward in the U.S. Congress's efforts to regulate cryptocurrency and had the potential to shape the future of finance in the country.

該法案旨在在數字資產領域的創新與消費者保護和財務穩定的需求之間取得平衡。這是美國國會為規範加密貨幣的努力邁出的重要一步，並有可能塑造該國的財務未來。