隨著另一種大考試的另一種大型考驗

一項關鍵的加密法案已在參議院民主黨人中開闢了裂痕，因為另一種大型測試方法是為了監管Stablecoin發行人的生存能力。丹尼爾·庫恩（Daniel Kuhn）。

A key crypto bill has opened a rift among Senate Democrats as another big test approaches for the viability of legislation to regulate stablecoin issuers. Most expect the bill to clear a significant procedural vote on Monday night, but Democrats are split.

一項關鍵的加密法案已在參議院民主黨人中開闢了裂痕，因為另一種大型測試方法是為了監管Stablecoin發行人的生存能力。大多數人預計該法案將在周一晚上清除大量的程序投票，但民主黨人被分解。

The Senate's most prominent crypto critic, Massachusetts Democrat Elizabeth Warren, is leading a faction trying to dig in their heels on the bill, raising objections that include national security threats, consumer hazards and the corruption of a White House that's conflicted because of President Donald Trump's own digital assets business interests.

參議院最傑出的加密批評家馬薩諸塞州民主黨人伊麗莎白·沃倫（Elizabeth Warren）領導著一個派系，試圖在法案上挖掘他們的腳跟，提出異議，其中包括國家安全威脅，消費者危害和由於唐納德·特朗普總統自身的數字資產企業利益而與白宮的腐敗。

The other group, including Senator Kirsten Gillibrand, one of the bill's primary backers, has argued that presidential conflicts are already illegal under the U.S. Constitution, and the bill doesn't need to have specific constraints added to clarify that point. That side also praises a number of changes to the legislation to improve consumer protections and to partially address worries that large corporations will issue stablecoins — the steady, typically dollar-based tokens that underpin so much of the crypto markets' transaction activity.

該法案的主要支持者之一，包括參議員柯斯滕·吉利布蘭德（Kirsten Gillibrand）在內的另一個團體認為，根據美國憲法，總統衝突已經是非法的，該法案不需要添加具體的限制來澄清這一點。這方面還讚揚了立法的許多變化，以改善消費者的保護，並部分解決大型公司會發行穩定的穩定公司的擔憂，這是穩定的，通常是以美元為基礎的代幣，這是加密市場的大部分交易交易活動。

The bill is set for what's known as a cloture vote on Monday night, which will decide whether it advances into a formal and time-limited period of debate before final consideration. Cloture tends to be the most difficult test for Senate legislation, because it requires 60 votes — much more than a simple majority. A previous version of the bill failed such a vote once before, when Democrats demanded more time to make changes.

該法案定為周一晚上被稱為Cloture投票的規定，該法案將決定是否在最終考慮之前進入正式且限時的辯論時期。 CLOTURE往往是參議院立法的最困難的考驗，因為它需要60票，而不是簡單的多數。該法案的先前版本以前一次失敗了這樣的投票，當時民主黨人要求更多的時間進行更改。

The stablecoin bill is one of two highly significant U.S. legislative efforts that will finally establish a set of rules and system of oversight for crypto in the U.S., and many in the industry believe it'll usher in a flood of interest from investors who've waited on the sidelines until the sector is completely regulated. The supporters of the stablecoin legislation have set it up for this vote, suggesting they were able to wrangle enough backers to triumph.

該法案是美國兩項重要的立法努力之一，該法案最終將建立一系列對美國加密貨幣的監督規則和監督系統，許多行業中的許多人認為，這將引起人們在陣容等待直到該行業的投資者的興趣，直到該行業完全受監管。 Stablecoin立法的支持者為這次投票設定了這項投票，這表明他們能夠爭吵足夠的支持者勝利。

The current Senate bill — known as the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act — is worse than doing nothing, according to the arguments from the camp led by Warren, who is the ranking Democrat on the Senate Banking Committee. "A strong bill would ensure that consumers enjoy the same consumer protections when using stablecoins as they do when using other payment systems, close loopholes that enable the illicit use of stablecoins by cartels, terrorists, and criminals, and reduce the risk that stablecoins take down our financial system," according to a sheet issued on Monday by the committee's Democratic staff. "The GENIUS Act does not meet those minimum standards."

根據沃倫（Warren）領導的參議員的說法，目前的參議院法案（稱為指導和建立國家創新（GENIUS）法案（GENIUS）法案（Genius）法案比什麼都不做。 “一項強大的法案將確保使用與使用其他支付系統時使用的穩定劑時，消費者可以享受相同的消費者保護措施，這些漏洞可以使卡特爾，恐怖分子和罪犯非法使用stablecoins，並降低了斯塔布雷卡因（Stablecoins）降低我們的金融系統的風險，”該委員會周一由委員會的民主黨員工發出。 “《天才法》不符合這些最低標準。”

Gillibrand, however, said the bill has been written in a "truly bipartisan effort."

吉利布蘭德（Gillibrand）表示，該法案是用“真正的兩黨努力”所寫的。

"Stablecoins are already playing an important role in the global economy, and it is essential that the U.S. enact legislation that protects consumers, while also enabling responsible innovations,” the New York Democrat said in a statement last week.

紐約民主黨上週的一份聲明說：“ Stablecoins已經在全球經濟中發揮了重要作用，至關重要的是，美國必須制定保護消費者的立法，同時還可以實現負責任的創新。”

Senator Mark Warner, a Virginia Democrat, also explained his view in choosing to support the bill. “It sets high standards for issuers, limits big tech overreach and creates a safer, more transparent framework for digital assets," he said in a statement. "It’s not perfect, but it’s far better than the status quo.”

弗吉尼亞民主黨參議員馬克·華納（Mark Warner）也解釋了他選擇支持該法案的觀點。他在一份聲明中說：“它為發行人設定了高標準，限制了Big Tech的過度劃分，並為數字資產創造了更安全，更透明的框架。” “這不是完美的，但遠勝於現狀。”

Read More: U.S. Stablecoin Bill Could Clear Senate Next Week, Proponents Say

閱讀更多：支持者說，下週我們的Stablecoin法案可以清除參議院。

In the hours before the planned Monday vote, a coalition of 46 consumer, labor and advocacy groups continued objecting to the legislation, which has been overhauled repeatedly.

在計劃週一投票的前幾個小時裡，由46個消費者，勞工和倡導團體組成的聯盟繼續反對立法，該立法已反復大修。

"A vote for this legislation would enable and condone cryptobusiness activities by the Trump administration, organization, and family that raise unprecedented concerns about presidential conflicts of interest, corruption, and the abuse of public office for private gain," they wrote in a letter to the Senate leadership.

他們在給參議院領導層的信中寫道：“對這項立法的投票將使特朗普政府，組織和家庭能夠掩蓋並寬恕對總統利益衝突，腐敗和濫用公職供私人利益的前所未有的擔憂。”

The crypto industry itself has come together to support the legislation, with various lobbyist groups publishing statements arguing lawmakers should advance the legislation. Stand With Crypto, a Coinbase (NASDAQ:COIN) (NASDAQ:COIN)backed group focused on getting voters to support crypto issues, warned lawmakers in a statement Monday that their votes would go into its sometimes arbitrary assignment of grades for politicians' crypto sentiment.

加密行業本身已經聚集在一起支持立法，各種遊說團體發表聲明，認為立法者應推進立法。立法者在周一的一份聲明中警告，與Coinbase（NASDAQ：COIN）（NASDAQ：COIN）支持的團體的Crypto站在一起，致力於吸引選民支持加密貨幣問題，並在周一的一份聲明中警告說，他們的選票有時會進入其對政治家Crypto情感的任意成績分配。

While the stablecoin bill has drawn some political heat, it's widely expected to be the easier of the two crypto efforts on Capitol Hill. The legislation to establish U.S. market rules for crypto is much more complex. For both bills, the House of Representatives is also working on parallel efforts.

儘管穩定法案吸引了一些政治炎熱，但人們普遍認為這將是Capitol Hill的兩個加密貨幣努力的更容易。制定美國加密貨幣市場規則的立法要復雜得多。對於這兩項法案，眾議院也在努力並行努力。

If the bill clears cloture, it could speed toward Senate passage in a matter of days. Jaret Seiberg, a policy analyst with TD Cowen, expects it to clear the Senate this week

如果該法案清除了Cloture，它可能會在幾天之內邁向參議院的通行。 TD Cowen的政策分析師Jaret Seiberg希望本周清除參議院

“That means it could become law by summer as we see the House moving quickly on the bill,” he wrote in a note to clients.

他在給客戶的票據中寫道：“這意味著當我們看到房屋在法案上迅速發展時，它可能會成為法律。”

Warren wrote her own letter on Monday to the U.S. Department of the Treasury and the Department of Justice, pressing for answers about

沃倫（Warren