更新以糾正SEC向UNISWAP發送了Wells通知，但沒有提出指控。

SEC專員Hester Peirce在5月8日發表的演講中說，美國證券交易委員會（SEC）正在考慮更改規則，以使公司更加自由地簽發標記證券。

The US Securities and Exchange Commission (SEC) is mulling over changes to existing rules that could pave the way for companies to more easily issue tokenized securities, SEC Commissioner Hester Peirce has said.

SEC專員Hester Peirce表示，美國證券交易委員會（SEC）正在考慮對現有規則的變更，這可能為公司更容易簽發令牌證券鋪平道路。

In a speech published on Monday, May 8, Peirce said that the regulator is “considering a potential exemptive order” for firms using blockchain technology to “issue, trade, and settle securities.” This exemption would see such firms released from certain registration requirements.

皮爾斯（Peirce）在5月8日星期一發表的演講中說，監管機構正在“考慮使用區塊鏈技術“發行，貿易和解決證券”的公司“潛在的豁免命令”。這種豁免將使此類公司從某些註冊要求中釋放出來。

For instance, decentralized exchanges (DEXs) may no longer need to register “as a broker-dealer, clearing agency, or an exchange,” Peirce said. The SEC has previously sent numerous Wells notices to DEXs such as Uniswap for allegedly failing to register as securities exchanges.

例如，Peirce說，分散的交流（DEX）可能不再需要註冊“作為經紀交易商，清算機構或交易所”。 SEC以前曾向諸如Uniswap之類的DEX發送了許多井通知，據稱未註冊為證券交易。

Firms should “not have to comply with inapt regulations, which, in many cases, were developed well before the technologies being tested existed and may be obviated by attributes of that technology,” Peirce added.

Peirce補充說，企業不必遵守INAPT法規，在許多情況下，這是在進行測試的技術之前就已經開發的，並且可以通過該技術的屬性來消除。 ” Peirce補充說。

However, despite this exemption, companies would still be expected to comply with rules designed to prevent fraud and market manipulation, the commissioner explained. They may also need to meet certain disclosure and recordkeeping requirements.

但是，儘管有這種豁免，但仍應期望公司遵守旨在防止欺詐和市場操縱的規則。他們可能還需要滿足某些披露和記錄保存要求。

The SEC has dramatically pivoted its stance on cryptocurrency oversight since US President Donald Trump took office in January.

自從美國總統唐納德·特朗普（Donald Trump）在一月份上任以來，SEC對加密貨幣的監督的立場非常重要。

Under the leadership of former SEC Chair Gary Gensler, the agency brought a vast majority of its cases against crypto firms for allegedly breaching securities law. In total, the SEC brought 100 cases against crypto firms during Gensler’s tenure, which ended on April 21.

在前美國證券交易委員會主席加里·貢斯勒（Gary Gensler）的領導下，該機構將其絕大多數案件針對加密貨幣公司提出了涉嫌違反證券法的案件。總共，SEC在Gensler的任期期間總共提出了100起針對加密貨幣公司的案件，該公司於4月21日結束。

However, under Trump nominee Paul Atkins, who was sworn in as chair on April 21, the agency has claimed jurisdiction over a narrower segment of cryptocurrencies.

但是，在4月21日宣誓就任主席的特朗普提名人保羅·阿特金斯（Paul Atkins）領導下，該機構聲稱對較狹窄的加密貨幣的管轄權。

In February, the SEC issued guidance stating that memecoins—if clearly identified as purely speculative assets with no intrinsic value—do not qualify as investment contracts under US law.

SEC在2月發布了指南，指出，模因（如果明確被確定為純粹的投機資產，沒有內在價值），這不符合根據美國法律的投資合同的資格。

The regulator also said in April that stablecoins—digital tokens pegged to the US dollar—similarly do not qualify as securities if they are marketed solely as a means of making payments.

監管機構還在4月表示，穩定的代幣（數字令牌與美元掛鉤）相似，如果僅作為付款的手段，他們就不具備作為證券的資格。