美國證券交易委員會拒絕 Ripple 的穩定幣提案，申請永久禁令

美國證券交易委員會已提交一份簡報，反對 Ripple 提議的穩定幣，將其標記為“未註冊的加密資產”，並引用 Ripple 的新聞稿作為證據。 SEC 認為，穩定幣表明 Ripple 繼續參與不受監管的活動，並要求處以 20 億美元罰款以阻止此類行為。 Ripple 反駁說，法院應該駁回罰款，並提議判處 1000 萬美元或更少的民事罰款。根據 SEC 的文件，XRP 的價格下跌了 2.76%，引起了預計穩定幣發布的投資者和交易員的擔憂。

US Securities and Exchange Commission Files Response to Ripple's Stablecoin Proposal

美國證券交易委員會對 Ripple 的穩定幣提案做出回應

Washington, D.C., May 2024 - The United States Securities and Exchange Commission (SEC) has filed a response to Ripple's proposed stablecoin, labeling it an "unregistered crypto asset." The response, submitted on May 7th, argues that Ripple's continued involvement in unregulated activities warrants a permanent injunction.

華盛頓特區，2024 年 5 月 - 美國證券交易委員會 (SEC) 已對 Ripple 提議的穩定幣做出回應，將其標記為「未註冊的加密資產」。 5 月 7 日提交的回應稱，Ripple 繼續參與不受監管的活動，需要永久禁令。

Stablecoin Market Dynamics

穩定幣市場動態

The stablecoin market has experienced significant growth, reaching an estimated value of $150 billion currently. Projections indicate further growth, with an anticipated value of over $2.8 trillion by 2028. This growth is attributed to the demand for stability, trust, and utility in the digital asset ecosystem.

穩定幣市場經歷了顯著成長，目前估計價值達到 1500 億美元。預測顯示該數字將進一步增長，預計到 2028 年價值將超過 2.8 兆美元。

Ripple's Stablecoin Plans

Ripple 的穩定幣計劃

In April 2024, Ripple announced its intention to issue a stablecoin pegged 1:1 to the US dollar on the XRP Ledger and Ethereum blockchains. However, since the initial announcement, Ripple has not provided further details regarding the token.

2024 年 4 月，Ripple 宣布打算在 XRP Ledger 和以太坊區塊鏈上發行與美元 1:1 掛鉤的穩定幣。然而，自最初宣布以來，Ripple 尚未提供有關該代幣的更多細節。

SEC's Concerns

美國證券交易委員會的擔憂

The SEC argues that Ripple's proposed stablecoin is further evidence of the company's continued engagement in unregulated activities. The regulator cited Ripple's press release announcing the stablecoin as proof of its intent to continue such activities.

美國證券交易委員會認為，Ripple 提議的穩定幣進一步證明了該公司繼續從事不受監管的活動。監管機構引用 Ripple 宣布推出穩定幣的新聞稿作為其繼續進行此類活動的意圖的證據。

SEC's Injunction Request

SEC 的禁令請求

The SEC maintains that Ripple's primary business has been the unregistered institutional sales of XRP and will continue to be so if an injunction is not granted. The regulator claims that Ripple's ongoing operations create a situation where violations are likely to continue.

SEC 堅稱，Ripple 的主要業務是未註冊的 XRP 機構銷售，如果不授予禁令，該業務將繼續如此。監管機構聲稱，Ripple 的持續運作造成了違規行為可能繼續存在的情況。

Ripple's Monthly XRP Sell-Offs

Ripple 的每月 XRP 拋售

The SEC specifically highlights Ripple's monthly XRP sell-offs as evidence of its ongoing unregistered activities. Finbold's analysis shows that Ripple unlocks 1 billion XRP from escrows on the first day of each month. The company then reserves around 20% of the unlocked amount for monthly sales in strategic moments.

美國證券交易委員會特別強調了 Ripple 每月 XRP 的拋售，作為其正在進行的未註冊活動的證據。 Finbold 的分析顯示，Ripple 在每個月的第一天從託管中解鎖 10 億個 XRP。然後，公司會保留大約 20% 的解鎖金額，用於策略時刻的每月銷售。

SEC's Proposed Fines

SEC 提議的罰款

The SEC has proposed a substantial penalty of nearly $2 billion to deter Ripple and other potential violators. Ripple, however, contends that the court should reject this demand, proposing a civil penalty not exceeding $10 million.

美國證券交易委員會 (SEC) 提議處以近 20 億美元的巨額罰款，以阻止 Ripple 和其他潛在違規者。然而，Ripple 認為法院應該駁回這項要求，並提議判處不超過 1,000 萬美元的民事罰款。

Ripple's Response

瑞波幣的回應

Ripple's chief legal officer, Stuart Alderoty, has criticized the SEC's filing as baseless and an example of the regulator's failure to apply the law fairly. Alderoty also questioned the SEC's disregard for crypto frameworks in other jurisdictions.

Ripple 的首席法律官 Stuart Alderoty 批評 SEC 的備案毫無根據，這是監管機構未能公平適用法律的一個例子。 Alderoty 也質疑 SEC 對其他司法管轄區的加密框架的漠視。

SEC's Rejection of Ripple's Arguments

SEC 駁回 Ripple 的論點

The SEC has dismissed Ripple's assurance that it will not violate US securities laws due to its licensing in other jurisdictions. The regulator argues that this argument is "absurd" and akin to a New York restaurant not needing a liquor license because it has a fishing license in California.

由於Ripple在其他司法管轄區獲得許可，美國證券交易委員會駁回了Ripple關於其不會違反美國證券法的保證。監管機構認為，這種說法“荒謬”，類似於紐約一家餐廳因為在加州擁有釣魚許可證而不需要酒類許可證。

XRP Price Analysis

XRP 價格分析

As of the time of writing, XRP trades at $0.52 per token, a decline of 2.76% in the past 24 hours. The SEC's recent filing may create additional selling pressure on Ripple's holdings and other investors.

截至撰寫本文時，XRP 的交易價格為每枚 0.52 美元，在過去 24 小時內下跌了 2.76%。美國證券交易委員會最近的文件可能會給 Ripple 的持股和其他投資者帶來額外的拋售壓力。

Implications for XRP Investors

對 XRP 投資者的影響

XRP investors and Ripple supporters eagerly anticipated the announced stablecoin. However, the recent legal developments may delay or jeopardize these plans. The ongoing legal battle between the SEC and Ripple has significantly impacted the token's price performance, and investors are advised to exercise caution amid continued regulatory scrutiny.

XRP 投資者和 Ripple 支持者熱切期待所宣布的穩定幣。然而，最近的法律發展可能會推遲或危及這些計劃。美國證券交易委員會和 Ripple 之間正在進行的法律鬥爭嚴重影響了該代幣的價格表現，並建議投資者在持續的監管審查中保持謹慎。

Conclusion

結論

The SEC's response to Ripple's stablecoin proposal raises concerns about the company's ongoing involvement in unregulated activities. The regulator's request for a permanent injunction and substantial fines highlights the importance of regulatory compliance in the digital asset industry. XRP investors and Ripple supporters should closely monitor the ongoing legal proceedings and adjust their investment strategies accordingly.

美國證券交易委員會對 Ripple 穩定幣提案的回應引發了對該公司持續參與不受監管活動的擔憂。監管機構要求永久禁令和巨額罰款凸顯了數位資產產業監管合規的重要性。 XRP 投資者和 Ripple 支持者應密切注意正在進行的法律訴訟，並相應調整其投資策略。