預計美國參議院將在美國東部時間下午8點為指導和建立國家創新（GENIUS）法案（GENIUS）投票。

《天才法》試圖建立一個聯邦監管框架，以付款穩定的穩定框架，但由於立法者之間的分歧，最近幾週在最近幾週都面臨障礙。

The US Senate is expected to vote on the bipartisan GENIUS Act today at approximately 8 P.M. EDT. However, it remains unclear whether the bill will pass or continue to face delays.

預計美國參議院將在美國東部時間大約下午8點對《兩黨天才法》上投票。但是，尚不清楚該法案是否會通過還是繼續面臨延誤。

The GENIUS Act, which stands for Guiding and Establishing National Innovation for US Stablecoins, aims to establish a federal regulatory framework for payment stablecoins. The bill has faced several setbacks in recent weeks due to a divide among lawmakers.

《天才法》代表指導和建立為美國穩定的國家創新，旨在為付款穩定的聯邦監管框架建立聯邦監管框架。由於立法者之間的分歧，該法案在最近幾周遭受了幾次挫折。

This debate comes just over a week after a failed procedural vote, in which all 49 Democratic senators blocked a motion to invoke cloture on the bill’s consideration, effectively halting its initial path to the floor.

這場辯論發生在程序投票失敗之後的一周多了，其中所有49名民主黨參議員都封鎖了一項動議，以該法案的考慮，有效地停止了其最初的地板道路。

In the subsequent days, reports of a bipartisan effort to re-adapt the bill for another vote emerged, leading to changes in the proposal that were initially rejected by Democrats.

在接下來的日子裡，有兩黨努力重新適應該法案進行另一次投票的報導，導致提案最初被民主黨人拒絕的變化。

Democrats have expressed concerns about the bill’s implications for consumer protection, national security, and the potential for corruption, which they believe could arise from broad exemptions for Trump family crypto projects and other political figures.

民主黨人對該法案對消費者保護，國家安全和腐敗潛力的影響表示關注，他們認為這可能是由於對特朗普家庭加密項目和其他政治人物的廣泛豁免而產生的。

Bill supporters, including Senate Republicans, industry groups, and some moderate Democrats, have framed the GENIUS Act as a needed legislative foundation for the burgeoning stablecoin market.

法案的支持者，包括參議院共和黨人，行業團體和一些溫和的民主黨人，已將天才構成為新興的穩定市場所需的立法基礎。

Sen. Bill Hagerty (R-TN), the bill’s sponsor, described the legislation as pro-growth and the first ever regulatory framework for payment stablecoins. He highlighted its role in strengthening the US dollar, increasing demand for Treasury assets, and keeping innovation onshore.

該法案的讚助商比爾·哈格蒂（Bill Hagerty）參議員比爾·哈格蒂（R-TN）將該立法描述為付款穩定的第一個監管框架。他強調了它在加強美元，增加對國庫資產的需求並在岸上保持創新的作用。

“This bipartisan legislation will bring critical clarity and stability to the digital asset ecosystem and provide valuable new protections for American consumers and small businesses,” said Amanda Tuminelli, executive director and chief legal officer of the DeFi Education Fund. “We urge a yes vote on the GENIUS Act as it is in the best interest of the US dollar, American consumers and small businesses.”

Defi教育基金執行董事兼首席法律官Amanda Tuminelli表示：“這項兩黨立法將為數字資產生態系統帶來關鍵的清晰度和穩定性，並為美國消費者和小型企業提供寶貴的新保護。” “我們敦促對《天才法案》的“是”投票，因為它符合美元，美國消費者和小型企業的最大利益。”

“This vote is a critical step to establish a regulatory framework for stablecoins that fosters responsible innovation and provides certainty for businesses and consumers,” added Ji Kim, acting CEO of the Crypto Council for Innovation. “The legislation is essential for preserving US leadership in digital finance and ensuring that the US remains the global reserve currency.”

加密創新委員會代理首席執行官Ji Kim補充說：“這項投票是為Stablecoins建立監管框架的關鍵步驟，該框架促進負責任的創新並為企業和消費者提供確定性。” “該立法對於維護美國在數字融資方面的領導力至關重要，並確保美國仍然是全球儲備貨幣。”

Support for the bill has also come from advocacy organizations like Stand With Crypto, which stated that the Senate vote is a “key vote” for its 52 million American members. The group urged constituents to contact their senators and encourage them to vote yes on the GENIUS Act.

對該法案的支持也來自加密貨幣（Crypto）等倡導組織，該組織表示，參議院投票是其5200萬美國成員的“關鍵投票”。該組織敦促選民與參議員聯繫，並鼓勵他們對《天才法》投票。

“This vote will determine whether the Senate can rise above partisan bickering and provide the certainty and stability needed to keep America's financial system at the forefront of global innovation,” Stand With Crypto said in a statement.

“這次投票將決定參議院是否可以超越黨派爭吵，並提供使美國金融體係處於全球創新最前沿所需的確定性和穩定性，” Crypto在一份聲明中說。

Justin Slaughter, VP of regulatory affairs at Paradigm and a former Democratic staffer, offered a pragmatic endorsement of the bill, noting that this is about as good as it can get for years and years.

範式監管事務的副總裁賈斯汀·斯勞特（Justin Slaughter），前民主黨工作人員提供了對該法案的務實認可，並指出這與多年來一樣好。

“This is close to the best we can get for years and years—and it's a good bill that addresses the regulatory void surrounding stablecoins and mirrors the approach adopted by the EU, UK and Japan,” Slaugther wrote in a post on X, formerly known as Twitter.

Slaugther在X上的一篇文章中寫道：“這幾年和多年來我們能獲得的最好的數年，這是一項很好的法案，涉及圍繞穩定的穩定的監管空隙，並反映了歐盟，英國和日本採用的方法。”

He added that while the bill isn't perfect, it provides a useful starting point for further refinements in the House.

他補充說，儘管該賬單並不完美，但它為在房屋中進行進一步改進提供了有用的起點。

"This is an important vote for the future of financial technology and innovation in the United States. I urge the Senate to pass the GENIUS Act so we can continue to lead the world in the 21st century," he concluded.

他總結說：“這是美國金融技術和創新的未來的重要投票。我敦促參議院通過《天才法》，以便我們可以在21世紀繼續領導世界。”

The post pointed out that the House Financial Services Committee has already begun working on legislation to create a comprehensive digital asset framework, which could be rolled out in the fall.

該帖子指出，眾議院金融服務委員會已經開始製定立法，以創建一個全面的數字資產框架，這可以在秋季推出。

"We can get this done. Let’s show the world that America is still the land of opportunity and the best place to start a business and change the world," Slaugther noted.

Slaugther指出：“我們可以完成這項工作。讓我們向世界展示美國仍然是機會之地，也是開展業務並改變世界的最佳地點。”

The bill’s supporters maintained that the GENIUS Act will provide a clear and consistent regulatory framework for stablecoins, reducing legal uncertainty for innovators and promoting efficient capital allocation.

該法案的支持者堅持認為，《天才法案》將為穩定幣提供明確，一致的監管框架，減少創新者的法律不確定性並促進有效的資本分配。

Opponents, however, argued that the bill’s latest draft contains broad loopholes that could be exploited by Trump family crypto projects and other political figures, thereby undermining efforts to combat corruption and safeguard national security.

然而，反對者認為，該法案的最新草案包含了廣泛的漏洞，特朗普家庭加密項目和其他政治人物可能會利用這些漏洞，從而破壞了打擊腐敗和保護國家安全的努力。

A May 19 memo by Senate Banking Committee Democratic staff highlighted concerns about the bill’s provisions, which could permit elected officials, including President Donald Trump and his family, to own or personally profit from stablecoin ventures.

參議院銀行委員會民主黨參謀長的5月19日備忘錄強調了對該法案的規定的擔憂，該規定可以允許包括唐納德·特朗普總統及其家人在內的民選官員從Stablecoin Ventures擁有或親自獲利。

The memo claimed that the bill’s current language could allow Trump to benefit from the USD1 stablecoin, the token being issued by a project endorsed by him and his family, World Liberty Financial.

該備忘錄聲稱，該法案目前的語言可以使特朗普從USD1 Stablecoin中受益，這是由他和他的家人World Liberty Financial所認可的項目發行的代幣。

“The latest draft continues to contain broad loopholes that could be exploited by Trump family crypto projects and other political figures, thereby undermining efforts to combat corruption and safeguard national security,” the memo stated.

備忘錄說：“最新草案繼續包含特朗普家庭加密項目和其他政治人物可能利用的廣泛漏洞，從而破壞了打擊腐敗和保護國家安全的努力。”

The document also mentioned that allowing the trading of stablecoins issued offshore on US-based exchanges could make it easier for criminals to move funds into the US financial system

該文件還提到，允許在基於美國的交易所發行近海的Stablecoins交易可以使罪犯更容易將資金轉移到美國金融體系