Stablecoin Bill，制度學家和“帝國罷工”時刻

分析伊麗莎白·沃倫（Elizabeth Warren）這樣的製度化主義者的角色，分析了穩定的法案，以及它與加密貨幣行業的“帝國反擊”時刻相似。

Hold onto your hats, crypto enthusiasts! The stablecoin bill saga continues, and it's shaping up to be a real nail-biter. Senator Elizabeth Warren and her fellow institutionalists aren't backing down, but is their regulatory push actually clearing the path for crypto's next big move?

抓住您的帽子，加密愛好者！ Stablecoin Bill Saga繼續進行，它正在成為一個真正的指甲。參議員伊麗莎白·沃倫（Elizabeth Warren）和她的同胞制度主義者並沒有退縮，但是他們的監管推動力實際上是在為加密貨幣的下一個大舉動掃清了道路嗎？

Warren's War on Crypto: A Regulatory Blitzkrieg

沃倫（Warren）的加密戰爭：監管閃電戰

Remember 2021? Crypto-America was in the doldrums, facing a barrage of lawsuits and heavy-handed legislation. The infamous “DeFi Broker Rule” demanded the impossible: protocols and node operators collecting the names and addresses of every wallet holder. It felt like a deliberate attempt to sabotage the burgeoning crypto industry.

還記得2021嗎？加密裔美國人處於低迷狀態，面臨著一系列訴訟和嚴格的立法。臭名昭著的“ Defi Broker規則”要求不可能：協議和節點操作員收集每個錢包持有人的姓名和地址。感覺就像是為破壞新興加密行業的故意嘗試。

The GENIUS Act: A Stablecoin Showdown

天才法：穩定攤牌

Now, Warren's sights are set on the GENIUS Act. Her strategy? Deploying every regulatory scare tactic imaginable. One particularly menacing amendment sought to burden stablecoin issuers with monitoring and reporting every illicit transaction downstream – forever! While not impossible, the absurdity of holding currency issuers accountable for every future crime involving their tokens is mind-boggling.

現在，沃倫（Warren）的視線是根據《天才法》（Genius Act）的。她的策略？部署每個可以想像的監管恐慌策略。一項特別險惡的修正案試圖負擔穩定的發行人來監視和報告下游的每項非法交易 - 永遠！雖然並非不可能，但持有貨幣發行人對涉及令牌的每一個犯罪負責的荒謬是令人難以置信的。

Dollar Hegemony vs. Big Bank Advantage

美元霸權與大銀行優勢

Senator Kirsten Gillibrand recognized the need for dollar-denominated stablecoins to compete with the yuan and renminbi. But who really benefits from Warren's overreach? Big banks, armed with legions of compliance lawyers, thrive when smaller, crypto-native competitors are suffocated. It seems Warren inadvertently arms these Goliaths with regulatory weapons.

參議員基爾斯滕·吉利布蘭（Kirsten Gillibrand）認識到有必要以美元計價的穩定人與人民幣和人民幣競爭。但是，誰真的從沃倫的超越中受益？大型銀行擁有大量合規律師，當較小的加密本地競爭對手被窒息而蓬勃發展。沃倫似乎無意中用監管武器將這些巨人武裝起來。

The Institutionalists' Gambit: A Calculated Maneuver?

制度學家的gambit：一個計算的機動？

Warren's actions aren't random technophobia; they're deliberate institutional maneuvers aimed at controlling the narrative and preserving power. By exposing their hand, the institutionalists may have inadvertently cleared the bases for crypto's next big inning. Instead of killing the stablecoin bill, the environment is now set for more innovation in crypto.

沃倫的行動不是隨機的技術恐懼症。他們是故意的機構演習，旨在控制敘事和維護能力。通過揭露他們的手，制度主義者可能無意中清除了Crypto下一局的基礎。現在，環境將在加密貨幣中進行更多創新，而不是殺死穩定的法案。

A Glimmer of Hope: Crypto's 'Empire Strikes Back' Moment

希望：加密的“帝國罷工”時刻

So, is this the 'Empire Strikes Back' moment for crypto? Perhaps. The challenges are real, but the crypto community is resilient. Instead of succumbing to regulatory pressure, this could be the catalyst for innovation and growth. Keep an eye on the stablecoin bill – the next chapter in this saga is sure to be a wild ride!

那麼，這是加密貨幣的“帝國反擊”時刻？也許。挑戰是真實的，但是加密貨幣社區具有彈性。這可能是創新和增長的催化劑，而不是屈服於監管壓力。請密切關注Stablecoin法案 - 這個傳奇的下一章一定會很瘋狂！