特朗普的紅色，白色和模因曲線軌道脫軌天才法案

就在看起來兩黨魔術時，可能會保佑國會大廈山，紅色，白色和模因色的曲線球將其脫軌。

Just when it looked like bipartisan magic might bless Capitol Hill, a red, white, and meme-colored curveball derailed it. While President Trump GENIUS Act—a bill designed to regulate stablecoins—was gaining rare support across party lines, it ultimately fell short of the 60 votes needed to make it to the Senate floor.

就在看起來兩黨魔術時，可能會保佑國會大廈山，紅色，白色和模因色的曲線球將其脫軌。儘管特朗普總統的天才法案（旨在規範穩定幣的法案）在各方跨黨派方面獲得了罕見的支持，但最終卻沒有獲得參議院地板所需的60票。

The crypto space was gearing up for a potential regulatory breakthrough. But senators hit the brakes, spooked by what they called a glaring conflict of interest: the president personally profiting from the very digital assets his administration is trying to legislate.

加密空間正在為潛在的監管突破做好準備。但是，參議員對他們所謂的巨大利益衝突感到震驚：總統親自從他的政府試圖立法的數字資產中獲利。

And let’s talk numbers now. The GENIUS Act got 48 yeses, 49 nays, and three senators apparently ghosted.

現在讓我們談談數字。 《天才法案》獲得了48耶和華，49位反對和三名參議員顯然被幽靈。

It wasn’t just partisan politics—it was the meme coin madness.

這不僅僅是黨派政治，而是模因硬幣瘋狂。

President Trump’s $TRUMP token skyrocketed after offering holders a chance to dine with him and tour the White House. And yes, Melania launched her own token too, because why not turn the executive branch into a limited-edition NFT drop?

特朗普總統的$特朗普代幣在為持有人提供了與他一起用餐並參觀白宮的機會後，猛增。是的，梅拉尼亞也推出了自己的代幣，因為為什麼不將行政部門變成限量版的NFT下降呢？

Senator Jeff Merkley didn’t mince words. “This is a profoundly corrupt scheme,” he declared.

參議員傑夫·默克利（Jeff Merkley）沒有嘲笑言語。他宣稱：“這是一個非常腐敗的計劃。”

Others, like Sen. Blumenthal, labeled it “pay-for-play” and even called for an investigation into the Trump-linked World Liberty Financial, which conveniently rolled out a stablecoin just as the administration was promoting looser regulations.

其他人，例如Blumenthal參議員，將其標記為“付費”，甚至呼籲調查與特朗普聯繫的世界自由金融，該金融方便地推出了一個穩定的股份，就像政府正在促進Looser法規一樣。

Trump's illegal profits from crypto ventures—$Trump & World Liberty Financial—have already made him $100’s of millions, putting a "For Sale" sign on the White House in "pay to play" deals. These illicit gains violate at least the Constitution's Emoluments Clause.

特朗普從加密貨幣公司（Crypto Ventures）獲得的非法利潤（特朗普和世界自由金融）已經使他賺了100萬美元，並在“付費玩”交易的白宮上放置了一個“出售”標誌。這些非法收益至少違反了《憲法》的埃默爾條款。

— Richard Blumenthal (@SenBlumenthal) May 11, 2025

- Richard Blumenthal（@senblumenthal）2025年5月11日

With their eyebrows permanently raised, Senate Democrats introduced the “End Crypto Corruption Act,” co-authored by Senate Majority Leader Chuck Schumer and Sen. Merkley. Its mission? Ban elected officials and their inner circles from issuing or endorsing crypto assets. Apparently, it’s not ideal to run a nation and a meme coin fan club at the same time.

隨著他們的眉毛永久抬高，參議院民主黨人提出了由參議院多數黨領袖查克·舒默（Chuck Schumer）和參議員默克利（Sen。Merkley）合著的“終結加密腐敗法”。它的使命？禁止當選官員及其內部圈子發行或認可加密資產。顯然，經營一個國家和模因硬幣粉絲俱樂部並不理想。

But the real kicker came when four Democrats who had originally supported the GENIUS Act backed out last minute, citing concerns over money laundering, foreign involvement, and national security in a joint statement.

但是，真正的踢腳者是當最初支持《天才法案》的四個民主黨人在最後一分鐘支持的，他在聯合聲明中引起了對洗錢，外國參與和國家安全的擔憂。

One of them, Sen. Lisa Blunt Rochester, openly accused the Trump family of “ongoing self-dealing.”

其中一個，參議員麗莎·布朗特·羅切斯特（Lisa Blunt Rochester）公開指責特朗普家族“正在進行的自我交易”。

Their statement reads: "We appreciate the bipartisan interest in advancing legislation to provide clarity and certainty for the digital asset industry, and we have been engaged in discussions on the GENIUS Act. While we share the goal of bipartisan legislation in this critical area, we have serious concerns that need to be addressed."

他們的聲明寫道：“我們感謝兩黨對推進立法的興趣，以為數字資產行業提供清晰度和確定性，並且我們一直在討論《天才法》。儘管我們共享了在這個關鍵領域的兩黨立法的目標，但我們卻遇到了嚴重的關注，需要解決。”

After an opening round of voting on Thursday delivered a tie, the GENIUS Act was pulled from consideration.

在周四進行了首輪投票之後，《天才法案》被從考慮之後被提出。

The Trump administration had been aiming to introduce legislation this year that would create a regulatory framework for stablecoins, aiming to preempt bipartisan legislation in Congress.

特朗普政府的目標是今年引入立法，該立法將為穩定幣建立一個監管框架，旨在搶占國會的兩黨立法。

The president’s focus on crypto has been anything but subtle, frequently touting his $TRUMP token, which launched in March. The token, which is designed to be a hybrid meme coin and utility token, has soared in value.

總統對加密貨幣的關注只是微妙的，經常吹捧他的$特朗普代幣，該代幣在三月份發起。該令牌旨在成為混合模因硬幣和實用程序令牌，其價值飆升。

The token offers holders the chance to win a dinner with Trump, a tour of the White House, and other exclusive experiences. It is also being used to raise money for Trump's favorite charities, which he selects each month.

代幣為持有者提供了與特朗普，參觀白宮以及其他獨家經驗的機會。它也被用來為特朗普最喜歡的慈善機構籌集資金，他每個月選擇。

Earlier this year, Trump said he is planning to launch his own stablecoin, which will be called "Trump Pay." The stablecoin is expected to be pegged to the U.S. dollar and will be used to process payments and reduce transaction fees.

今年早些時候，特朗普表示，他計劃發起自己的穩定幣，這將被稱為“特朗普薪水”。預計該穩定的人將與美元掛鉤，並將用於處理付款並減少交易費用。

The stablecoin will be launched by Trump's new cryptocurrency venture, World Liberty Financial, which is being led by former hedge fund manager and Trump ally Paul Lerner.

該穩定者將由特朗普的新加密貨幣世界自由金融公司（World Liberty Financial）發起，該公司由前對沖基金經理和特朗普盟友保羅·勒納（Ally Paul Lerner）領導。

The venture is currently developing a payment network and stablecoin, which will be announced in the coming months.

該合資企業目前正在開發付款網絡和Stablecoin，這將在未來幾個月內宣布。

"We are going to be doing a stablecoin, which will be used to process payments and reduce transaction fees," Trump said in an interview with Good Morning America.

特朗普在接受《早安美國》採訪時說：“我們將做一個穩定的人，將用於處理付款並減少交易費用。”

"It will be the best stablecoin that's ever been made, and we're going to be announcing it in the not-too-distant future."

“這將是有史以來最好的Stablecoin，我們將在不遠的未來宣布它。”

The president's stablecoin plans come as members of Congress are working to introduce legislation that would create a regulatory framework for stablecoins.

國會議員正在努力提出立法，該立法將為穩定幣創建一個監管框架，因此總統的穩定計劃是出現的。

House Financial Services Chair Maxine Waters (D-CA) and ranking member Patrick McHenry (R-NC) are planning to introduce a bill that would require stablecoin issuers to register with the Securities and Exchange Commission (SEC) and follow anti-money laundering rules.

眾議院金融服務主席Maxine Waters（D-CA）和排名成員Patrick McHenry（R-NC）計劃提出一項法案，該法案要求Stablecoin發行人在美國證券交易委員會（SEC）（SEC）註冊並遵守反貨幣洗錢規則。

The Senate Banking Committee is also working on a stablecoin bill, which is being led by Chairman Tim Scott (R-SC) and ranking member Sherrod Brown (D-OH).

參議院銀行委員會還正在製定一項由董事長蒂姆·斯科特（R-SC）和排名成員Sherrod Brown（D-OH）領導的Stablecoin法案。

The committee's bill, which

委員會的法案，該法案