美國參議員公佈穩定幣監管綜合框架

美國參議員克爾斯滕·吉利布蘭德(Kirsten Gillibrand) 和辛西婭·魯米斯(Cynthia Lummis) 提出了《魯米斯-吉利布蘭德支付穩定幣法案》，這是一項開創性的立法，旨在建立支付穩定幣的監管框架。該法案旨在透過強制發行人一對一準備金、禁止演算法穩定幣以及為穩定幣相關公司創建州和聯邦監管框架來解決 2022 年 TerraUSD 事件引發的擔憂。該法案還包括打擊非法活動和保護消費者的措施。

US Senators Propose Comprehensive Stablecoin Legislation

美國參議員提議全面的穩定幣立法

Washington, D.C. - United States Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) have introduced the Lummis-Gillibrand Payment Stablecoin Act, a groundbreaking piece of legislation that aims to establish a comprehensive regulatory framework for payment stablecoins.

華盛頓特區- 美國參議員Kirsten Gillibrand（紐約州民主黨）和Cynthia Lummis（懷俄明州共和黨）提出了《Lummis-Gillibrand 支付穩定幣法案》，這是一項開創性的立法，旨在為支付穩定幣建立全面的監理框架。

Guiding Principles

指導原則

The Lummis-Gillibrand Payment Stablecoin Act is predicated upon the following principles:

Lummis-Gillibrand 支付穩定幣法案基於以下原則：

• Protecting Consumers: Ensuring the financial safety and stability of American consumers who transact using payment stablecoins.
• Promoting Innovation: Fostering a regulatory environment that encourages responsible innovation in the stablecoin sector.
• Ensuring U.S. Dominance: Maintaining the U.S. dollar's position as the global reserve currency by establishing a robust framework for payment stablecoins.
• Combating Illicit Activities: Preventing the use of payment stablecoins for illegal purposes, such as money laundering and terrorist financing.

Key Provisions

保護消費者：確保使用支付穩定幣進行交易的美國消費者的財務安全和穩定。支付穩定幣的穩健框架。

The proposed legislation includes a number of key provisions:

擬議的立法包括一些關鍵條款：

• Prohibition of Unbacked Stablecoins: Bans the issuance of "unbacked, algorithmic stablecoins," such as the infamous TerraUSD (UST), which led to significant investor losses in 2022.
• One-to-One Reserve Requirement: Mandates that stablecoin issuers maintain a one-to-one reserve ratio, meaning that for every payment stablecoin in circulation, the issuer must hold an equivalent amount in a U.S. dollar-denominated reserve.
• Regulatory Frameworks: Establishes both state and federal regulatory frameworks for entities involved in the issuance, custody, and trading of payment stablecoins.
• Combating Illicit Activities: Includes provisions designed to combat money laundering, terrorist financing, and other illegal activities involving payment stablecoins.

Legislative Support

禁止無支援的穩定幣：禁止發行“無支援的演算法穩定幣”，例如臭名昭​​著的TerraUSD (UST)，它導致2022 年投資者遭受重大損失。幣發行人維持一對一的儲備金要求：準備金比率為一比，這意味著對於流通中的每一種支付穩定幣，發行人必須持有等量的以美元計價的準備金。 ：為參與發行、託管和發行的實體建立州和聯邦監管框架支付穩定幣交易。

Senator Gillibrand expressed confidence in gaining support for the Lummis-Gillibrand Payment Stablecoin Act in both the Senate and the House of Representatives. She emphasized that her office has worked closely with federal and state agencies in drafting the bill.

參議員吉利布蘭德表示有信心在參議院和眾議院獲得對 Lummis-Gillibrand 支付穩定幣法案的支持。她強調，她的辦公室在起草法案時與聯邦和州機構密切合作。

Senator Lummis echoed Gillibrand's sentiments, highlighting the importance of establishing clear guardrails for the stablecoin market. She noted that her previous calls for action against alleged misconduct by stablecoin issuers underscore the need for robust regulation.

參議員 Lummis 呼應了 Gillibrand 的觀點，強調了為穩定幣市場建立明確護欄的重要性。她指出，她先前呼籲對穩定幣發行人涉嫌不當行為採取行動，這強調了強有力監管的必要性。

Regulatory Scrutiny

監管審查

The Lummis-Gillibrand Payment Stablecoin Act is part of a broader effort to provide regulatory oversight for the rapidly evolving stablecoin industry. In 2023, the House of Representatives considered the Clarity for Payment Stablecoins Act, but the legislation has since stalled.

Lummis-Gillibrand 支付穩定幣法案是為快速發展的穩定幣產業提供監管監督的更廣泛努力的一部分。 2023 年，眾議院考慮了《支付穩定幣清晰度法案》，但該立法此後陷入停滯。

Senate Banking Committee Chair Sherrod Brown (D-OH) has indicated that a stablecoin bill is among his priorities for the legislative session, provided his concerns are addressed. However, he has not specifically endorsed the Lummis-Gillibrand bill.

參議院銀行委員會主席謝羅德·布朗（D-OH）表示，如果他的擔憂得到解決，穩定幣法案是他在立法會議上的優先事項之一。然而，他並沒有特別支持魯米斯-吉利布蘭德法案。

Industry Impact

產業影響

The Lummis-Gillibrand Payment Stablecoin Act is being closely watched by both the cryptocurrency industry and regulators. The legislation's approach may set a precedent for future laws governing cryptocurrencies, and stakeholders are keen to ensure a balance between innovation and consumer protection in the digital economy.

Lummis-Gillibrand 支付穩定幣法案正在受到加密貨幣行業和監管機構的密切關注。該立法的方法可能為未來管理加密貨幣的法律樹立先例，利益相關者渴望確保數位經濟中創新和消費者保護之間的平衡。