Super-Apps，Self-Custody和SEC的新劇本：NYC的觀點

SEC對加密貨幣的不斷發展的立場，專注於超級應用程序，自我顧客和加密項目，旨在在保護投資者的同時使法規現代化和促進創新現代化。

Super-Apps, Self-Custody, and the SEC's New Playbook: A NYC Perspective

Super-Apps，Self-Custody和SEC的新劇本：NYC的觀點

The crypto landscape is shifting, and the SEC is rewriting its rules. Forget the image of the SEC as just a crypto cop. They're trying something new with 'Super-Apps, Self-Custody, SEC playbook', aiming to modernize securities laws for the blockchain age. This isn't just about enforcement; it's about fostering innovation right here in the U.S.

加密景觀正在轉移，SEC正在重寫其規則。忘記SEC的形像只是一個加密警察。他們正在嘗試使用“超級應用，自我顧客，SEC劇本”的新事物，旨在使區塊鏈時代的證券法現代化。這不只是執法；這是關於在美國促進創新

Project Crypto: A New Sheriff in Town

加密項目：鎮上的新警長

SEC Chairman Paul Atkins' 'Project Crypto' is a game-changer. The key idea? Most crypto assets aren't securities, and the rules need to reflect that. Atkins wants to provide clear guidelines, moving away from applying outdated laws to blockchain tech. It's about creating a framework where innovation can thrive without getting bogged down in regulatory confusion.

SEC主席Paul Atkins的“ Project Crypto”是一個改變遊戲規則的人。關鍵主意？大多數加密資產不是證券，規則需要反映這一點。阿特金斯（Atkins）希望提供明確的指導方針，而不是將過時的法律應用於區塊鏈技術。這是關於創建一個框架，在該框架中，創新可以蓬勃發展而不會陷入監管混亂中。

The Pillars of Progress: Clarity, Custody, and Super-Apps

進步的支柱：清晰，監護權和超級應用

So, what does this new playbook look like? Three things stand out:

那麼，這本新劇本是什麼樣的？三件事脫穎而出：

• Clarity on Classifications: No more guessing games about what's a security and what isn't. Project Crypto aims to create clear rules, including potential safe harbors for early-stage tokens.
• Custody that Makes Sense: Self-custody is being recognized as an American value. The SEC wants to protect the right to hold your own digital assets, while also updating custody rules for institutions offering crypto services.
• Super-Apps Instead of Silos: The vision is to allow platforms that offer multiple services under one roof, from staking to trading, with regulators coordinating across agencies.

Super-Apps: The One-Stop Crypto Shop

超級應用：一站式加密貨幣

Super-apps could be the key to making crypto more accessible. Imagine a single platform where you can buy and sell crypto, trade traditional securities, stake your assets, and access lending products. Companies like Coinbase and Robinhood are already positioning themselves to capitalize on this trend. Coinbase's Base App, for example, is evolving into a self-custody wallet that connects to DeFi applications, making them easier to use.

超級應用可能是使加密貨幣更容易訪問的關鍵。想像一下一個平台，您可以在其中買賣加密貨幣，交易傳統證券，利用您的資產和訪問貸款產品。 Coinbase和Robinhood等公司已經定位自己以利用這一趨勢。例如，Coinbase的基本應用程序正在演變成一個自定義錢包，該錢包連接到Defi應用程序，使其易於使用。

Self-Custody: Taking Control of Your Assets

自我顧客：控制您的資產

The emphasis on self-custody is crucial. It empowers individuals to control their digital assets directly. As analyst Ali Martinez pointed out, the recent outflow of Ethena (ENA) tokens from exchanges suggests a move towards self-custody or staking, reducing sell pressure and signaling long-term value recognition. This trend is supported by increased whale activity, with large holders accumulating more tokens.

對自我顧客的強調至關重要。它使個人能夠直接控制其數字資產。正如分析師阿里·馬丁內斯（Ali Martinez）所指出的那樣，埃塞納（Ethena）令牌（ENA）的最新流出表明，朝著自我顧客或靜止狀態進行了邁進，減輕了賣出壓力和信號的長期價值識別。鯨魚活動的增加支持了這一趨勢，大持有人積累了更多的令牌。

The SEC Playbook: Ripple's Case and Future Sales

SEC劇本：Ripple的情況和未來銷售

The SEC's approach is also evident in how Ripple can sell XRP. They aren't banned, but they must follow stricter rules. As Vincent van Code explained, Ripple can sell to institutions if they register the sale with the SEC or use a legal exemption. This means following specific steps to limit who can buy, control where the sale happens, and restrict reselling. It's about playing by the book.

SEC的方法在Ripple如何出售XRP方面也很明顯。他們沒有被禁止，但必須遵循更嚴格的規則。正如Vincent Van Code所解釋的那樣，如果Ripple在SEC登記出售或使用法律豁免，則可以向機構出售。這意味著遵循特定的步驟，以限制誰可以購買，控制銷售的發生地點並限制轉售。這是關於播放書的。

A Word of Caution: Risks and Regulations

注意：風險和法規

While these developments are exciting, it's essential to be aware of the risks. More relaxed regulations could lead to increased fraud and theft. Super-apps also raise concerns about data protection. Investors need to do their homework on platforms and assets, paying close attention to custody and fraud protection rules.

儘管這些發展令人興奮，但必須意識到風險。更輕鬆的法規可能導致欺詐和盜竊。超級應用也引起了人們對數據保護的擔憂。投資者需要在平台和資產上做作業，密切關注監護權和欺詐保護規則。

Final Thoughts: Navigating the Crypto Evolution

最終想法：導航加密進化

The crypto market is constantly evolving, and the SEC's new approach reflects this. By fostering innovation, protecting self-custody, and providing clear guidelines, Project Crypto could unlock the full potential of digital assets. Of course, the SEC needs to ensure consumer protections aren't left in the dust. Still, it's a pretty wild time for digital assets!

加密市場正在不斷發展，SEC的新方法反映了這一點。通過促進創新，保護自我顧客並提供明確的指導方針，Project Crypto可以釋放數字資產的全部潛力。當然，SEC需要確保消費者的保護不會留在灰塵中。儘管如此，對於數字資產來說，這是一個非常瘋狂的時期！