美國參議院否決 SEC 加密貨幣權力爭奪，擁抱監管變革

美國參議院與眾議院一起宣布美國證券交易委員會 (SEC) 有爭議的加密貨幣政策《第 121 號員工會計公告》(SAB 121) 無效。該法案 H.J. Res 109 在兩黨支持下以 60 比 38 的投票結果在參議院獲得通過。該決定反映了參議院對加密貨幣市場的支持，並向 SEC 傳達了一個訊息，即其當前監管數位資產的方法與行業和政治情緒不符。

US Senate Overrules SEC's Controversial Crypto Policy, Signaling a Shift in Regulatory Landscape

美國參議院否決了 SEC 有爭議的加密貨幣政策，標誌著監管格局的轉變

Washington, D.C. - In a resounding blow to the Securities and Exchange Commission's (SEC) efforts to extend its reach into the cryptocurrency market, the US Senate has joined forces with the House of Representatives to invalidate the agency's Staff Accounting Bulletin No. 121 (SAB 121).

華盛頓特區 - 美國參議院與眾議院聯手宣布該機構第 121 號員工會計公告 (SAB) 121）。

This landmark vote, passed on May 16 with overwhelming bipartisan support, sends a clear message that Congress is unwilling to cede regulatory authority over digital assets to the SEC. The bill, H.J. Res 109, was approved by a vote of 60-38 in the Senate, following its earlier passage in the House.

這次具有里程碑意義的投票於 5 月 16 日在兩黨壓倒性支持下獲得通過，發出了一個明確的信息：國會不願意將數位資產的監管權讓給 SEC。該法案名為 H.J. Res 109，繼早些時候在眾議院通過後，在參議院以 60 比 38 的投票結果獲得通過。

Significance of the Senate Vote

參議院投票的意義

The US Senate's vote against SAB 121 is a watershed moment for the cryptocurrency industry. It marks the first time a crypto-related bill has reached the President's desk, signaling a growing recognition of the importance of digital assets within the financial ecosystem.

美國參議院對 SAB 121 的投票是加密貨幣產業的分水嶺。這標誌著與加密貨幣相關的法案首次提交給總統辦公桌，表明人們越來越認識到數位資產在金融生態系統中的重要性。

The vote also sends a strong signal to the SEC that its aggressive stance on cryptocurrency regulation is out of step with Congressional sentiment. By striking down SAB 121, Congress has made it clear that it supports the development of a transparent and fair regulatory framework for the crypto industry, rather than a heavy-handed approach that stifles innovation.

這項投票也向美國證券交易委員會發出了強烈信號，表明其對加密貨幣監管的激進立場與國會情緒不一致。透過廢除 SAB 121，國會明確表示支持為加密產業制定透明且公平的監管框架，而不是採取扼殺創新的嚴厲手段。

Industry Reaction

業界反應

The crypto community has hailed the Senate's vote as a major victory. Co-founder of Electric Capital, Avichal, described it as "a BIG deal" and a "message to @SECGov that they are screwing up."

加密社區稱讚參議院的投票是重大勝利。 Electric Capital 聯合創始人 Avichal 稱這是“一筆大交易”，也是“向 @SECGov 傳達的信息，表明他們搞砸了”。

Matt Hougan, Chief Investment Officer at Bitwise, echoed this sentiment, calling the vote "a game-changer for the crypto industry" and a "catalyst for cryptocurrencies."

Bitwise 首席投資長 Matt Hougan 也表達了同樣的觀點，稱這次投票是「加密產業的遊戲規則改變者」和「加密貨幣的催化劑」。

SEC's Controversial Policy

SEC 有爭議的政策

SAB 121, introduced by the SEC in April 2022, sought to classify digital assets held by cryptocurrency custodians as liabilities on their balance sheets. This move was met with strong opposition from the crypto community, which argued that it unfairly treated customer-owned digital assets as the custodian's liabilities.

SEC 於 2022 年 4 月推出的 SAB 121 旨在將加密貨幣託管人持有的數位資產歸類為資產負債表上的負債。此舉遭到了加密社群的強烈反對，他們認為此舉將客戶擁有的數位資產視為託管人的負債，這是不公平的。

The SEC's insistence on classifying cryptocurrencies as securities has also drawn criticism. In recent months, the agency has charged major cryptocurrency exchanges, including Coinbase, Uniswap, and Kraken, with operating unregistered national securities exchanges. Additionally, the SEC warned Robinhood's cryptocurrency subsidiary of pending legal action in May.

美國證券交易委員會堅持將加密貨幣歸類為證券也招致了批評。近幾個月來，該機構已指控 Coinbase、Uniswap 和 Kraken 等主要加密貨幣交易所運營未註冊的國家證券交易所。此外，美國證券交易委員會 (SEC) 於 5 月警告 Robinhood 的加密貨幣子公司即將採取法律行動。

SEC's Delay on Spot ETFs

SEC 延後現貨 ETF

The SEC's delay in approving a spot Ethereum ETF has also frustrated the crypto community. In May, the regulator postponed its decision for an additional 60 days, pushing back the final verdict to July 5.

美國證券交易委員會延遲批准現貨以太坊 ETF 也讓加密貨幣社群感到沮喪。 5 月，監管機構將決定再延後 60 天，將最終裁決延至 7 月 5 日。

This delay has been seen as a missed opportunity for the crypto industry, as spot ETFs would allow investors to gain exposure to the underlying value of cryptocurrencies without the need to hold them directly.

這種延遲被視為加密產業錯失的機會，因為現貨 ETF 將使投資者無需直接持有加密貨幣即可獲得加密貨幣的潛在價值。

Market Outlook

市場展望

At the time of writing, Bitcoin was trading at $66,374.47, having gained 0.25% in the past 24 hours. Ethereum, meanwhile, was trading at $3,028.59, after a 1.04% increase.

截至撰寫本文時，比特幣交易價格為 66,374.47 美元，在過去 24 小時內上漲了 0.25%。同時，以太坊的交易價格為 3,028.59 美元，上漲 1.04%。

The market's reaction to the Senate's vote suggests that investors are optimistic about the future of cryptocurrencies. The invalidation of SAB 121 and the recognition of the importance of the crypto industry by Congress are seen as positive developments for the long-term growth of digital assets.

市場對參議院投票的反應顯示投資者對加密貨幣的未來持樂觀態度。 SAB 121 的失效以及國會對加密行業重要性的認可被視為數位資產長期增長的積極進展。

Conclusion

結論

The US Senate's decision to strike down the SEC's SAB 121 has sent shockwaves through the regulatory landscape for cryptocurrencies. This vote signals a shift in power, with Congress reasserting its authority over the SEC and indicating its support for a more balanced approach to crypto regulation.

美國參議院否決 SEC SAB 121 的決定對加密貨幣的監管格局產生了衝擊。這次投票標誌著權力的轉移，國會重申了對 SEC 的權力，並表示支持採取更平衡的加密貨幣監管方法。

As the crypto industry continues to mature, it is clear that the regulatory environment will play a crucial role in shaping its future. The Senate's vote is a welcome step toward creating a transparent and fair regulatory framework that fosters innovation and protects investors.

隨著加密貨幣產業的不斷成熟，很明顯，監管環境將在塑造其未來方面發揮至關重要的作用。參議院的投票是朝著創建透明和公平的監管框架邁出的可喜的一步，該框架可以促進創新並保護投資者。