美國參議院的投票開始就指導和建立國家創新的辯論

美國參議院週一晚上投票通過動議召集了持續行動，該動議繼續進行指導和建立美國穩定法（Genius）法案的國家創新

The U.S. Senate voted late Monday to invoke cloture on the motion to proceed to the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, setting the stage for formal debate on the bipartisan legislation to create a federal framework for payment stablecoins.

美國參議院週一晚上投票通過動議提起訴訟，該動議繼續進行指導和建立國家創新（GENIUS）法案（GENIUS）法案，為雙方立法的正式辯論奠定了基礎，以為付款Stablecoins創建聯邦框架。

The tally reached at least 60–31, according to the Senate roll-call, clearing the 60-vote filibuster threshold and allowing formal consideration of the bill to begin. At least 15 Democratic senators joined nearly all Republicans in support of the procedural motion.

根據參議院的票數，塔利至少達到60-31，清除了60票的filibuster閾值，並允許正式考慮該法案的開始。至少有15名民主黨參議員加入了幾乎所有共和黨人，以支持程序動議。

This signaled a sharp reversal from an unsuccessful attempt 11 days earlier, when a vote on a motion to proceed fell short at 53–47, highlighting the difficulties in securing sufficient Democratic support for any crypto legislation.

這表明，11天前的一次失敗的企圖發生了急劇的逆轉，當時對動議的投票在53-47處缺乏，強調了為任何加密立法提供足夠的民主支持的困難。

However, the bill’s bipartisan authors—Sen. Bill Hagerty of Tennessee, who introduced the measure in March, and Sens. Cynthia Lummis and Tim Scott—had been working diligently throughout the summer to forge bipartisan consensus on the proposal.

但是，該法案的兩黨作者-Sen。田納西州的比爾·哈格蒂（Bill Hagerty）於3月提出了這一措施，辛西婭·盧米斯（Cynthia Lummis）和蒂姆·斯科特（Tim Scott）在整個夏季都在努力工作，以對提案達成兩黨共識。

The GENIUS Act would establish the first federal regulatory framework for payment stablecoins—digital tokens designed to maintain a one-to-one peg to the U.S. dollar. It seeks to impose stringent capital and consumer protection requirements on stablecoin issuers and restrict the ability of large technology firms to enter the market.

《天才法案》將建立第一個用於支付穩定幣的聯邦監管框架，即數字令牌，旨在維持美元一對一的釘子。它試圖對Stablecoin發行人施加嚴格的資本和消費者保護要求，並限制大型技術公司進入市場的能力。

The bill, which passed the Senate Banking Committee in April, requires issuers to hold full dollar-denominated reserves, undergo regular audits and register with federal banking regulators. It also introduces guardrails on custody arrangements and on foreign-domiciled issuers.

該法案於4月通過了參議院銀行委員會，要求發行人持有全美元計價的儲量，進行定期審計並在聯邦銀行監管機構註冊。它還在監護安排和外國發行人的情況下引入了護欄。

According to proponents, the measure will reinforce dollar dominance, spur domestic fintech innovation and ultimately serve to enhance national security.

支持者稱，該措施將增強美元的統治地位，刺激國內金融科技創新，並最終有助於增強國家安全。

Meanwhile, critics, such as Sen. Elizabeth Warren, contend that the bill could encourage “crypto corruption” and leave the financial system vulnerable to stablecoin runs.

同時，諸如伊麗莎白·沃倫（Elizabeth Warren）參議員的批評家認為，該法案可以鼓勵“加密腐敗”，並使金融體系容易受到Stablecoin的影響。

Following the cloture vote, the Senate can now devote up to 30 hours to debate and propose amendments to the bill before a vote on final passage, which Republican leader John Thune signaled could occur later this week.

在盤點投票之後，參議院現在最多可以花費30小時來辯論並提出對法案的修正案，然後對最終通行的投票，共和黨領導人約翰·圖恩（John Thune）表示，本週晚些時候可能會發生。

Should the chamber approve the bill, it would then move to the House, where GOP leaders have expressed support for advancing a stablecoin bill this year. Finally, the legislation would land on President Donald Trump’s desk. Trump has made stablecoin regulation a policy priority in recent months.

如果會議廳批准該法案，它將搬到眾議院，共和黨領導人表示支持今年推進一項穩定法案。最後，立法將降落在唐納德·特朗普總統的桌子上。特朗普在近幾個月來將Stablecoin法規作為政策優先事項。