SEC主席保罗·阿特金斯（Paul Atkins）希望允许注册经纪交易商监护权和交易加密货币

阿特金斯（Atkins）在5月19日的准备讲话中说，他认为这是通电和股票交易“超级应用”的途径的一部分，这将“降低投资者的成本”

Chairman of the U.S. Securities and Exchange Commission (SEC) Paul Atkins has stated that he envisions a future where a single firm could be registered with the SEC to both trade and custody cryptocurrencies, even if the assets are not deemed securities.

美国证券交易委员会（SEC）的主席保罗·阿特金斯（Paul Atkins）表示，他设想了一个未来，即使资产不被视为证券，也可以向SEC注册一家单一公司进行贸易和托管加密货币。

In his prepared remarks for the U.S. Chamber of Commerce’s Center for Capital Linkages on Friday, May 19, Atkins said that this would reduce costs for investors while allowing non-security trading to enter a regulated environment at the federal level expeditiously.

阿特金斯（Atkins）在5月19日星期五对美国商会资本联系中心的准备讲话中说，这将降低投资者的成本，同时允许非安全交易迅速进入联邦一级的监管环境。

Currently, Congress is working on a broad cryptocurrency market regulation bill, and there is ongoing drama over the passage of the Senate’s GENIUS Act for regulating stablecoins. A stablecoin bill was widely seen as far easier to pass than a general market structure bill, but it got caught up in politics.

目前，国会正在制定广泛的加密货币市场法规法案，并且在《参议院天才法案》（Genation Act Act）的规范中，正在进行持续的戏剧。与一般市场结构法案相比，一项稳定的法案被广泛认为要容易得多，但它陷入了政治之中。

The Senate is trying to bring the bill to another initial vote later Friday that would get the bill to reach the Senate floor for a full vote faster.

参议院正试图使该法案在周五晚些时候再次进行初步投票，这将使该法案更快地到达参议院，以便更快地投票。

Crypto firms and investors in the U.S. have faced confusion over the years about which regulator primarily oversees the industry. When digital assets are determined to be securities, then firms trading them need to register with the SEC, generally speaking. But other agencies, like the Commodity Futures Trading Commission (CFTC), are in charge of regulating non-security assets, like commodities and derivatives.

多年来，美国的加密公司和投资者对监管机构主要负责该行业的混乱感到困惑。一般而言，当确定数字资产为证券时，交易他们的公司需要在SEC注册。但是，其他机构，例如商品期货贸易委员会（CFTC），负责规范非安全资产，例如商品和衍生品。

In crypto, however, the distinction is not always clear for all assets, and many firms, both exchanges and protocols, have been in long legal battles with the SEC over securities law.

但是，在加密货币中，所有资产的区别并不总是很明确，许多交易所和协议的公司一直与SEC在证券法上进行了长期的法律斗争。

“Chairman Atkins’ call to let SEC-registered firms custody and trade both securities and non-securities in one place could be one of the most consequential steps the Commission has taken toward bridging traditional finance with digital assets,” said Sid Powell, co-founder and CEO of Maple Finance, in an email to The Defiant.

枫木财务联合创始人兼首席执行官西德·鲍威尔（Sid Powell）表示：“董事长要求让SEC登记的公司监护和交易证券和非安全性在一个地方可能是委员会在与Defiant的一封电子邮件中联合创始人兼首席执行官Sid Powell在将传统财务与数字资产联系起来的最结果的步骤之一。”

“Today, institutional investors face significant operational and regulatory inefficiencies when dealing with tokenized products or crypto-native assets, simply because current rules enforce arbitrary boundaries between asset types.”

“如今，机构投资者在处理令牌化产品或加密本地资产时面临着重要的运营和监管效率低下，这仅仅是因为当前规则在资产类型之间实施了任意界限。”

Maple’s Powell participated in the most recent roundtable from the SEC’s new Crypto Task Force, “Tokenization: Moving Assets Onchain: Where TradFi and DeFi Meet,” on May 12.

枫树的鲍威尔（Powell）参加了SEC新的加密特别工作组的最新圆桌会议，“令牌化：搬家资产Onchain：Tradfi和Defi Meet olet of tradfi and defi”

A single framework for crypto firms would make it easier for the market by reducing friction as well as signal “a more mature” posture towards regulating crypto, he said.

他说，对加密公司的一个框架将通过减少摩擦以及对调节加密货币的“更成熟”的姿势来使市场变得更容易。

“For years, artificial jurisdictional boundaries and bureaucracy between the CFTC and SEC have slowed innovation, increased costs and destroyed capital efficiency,” said Chris Perkins, president of crypto-native investment firm CoinFund.

“多年来，CFTC和SEC之间的人工管辖权边界和官僚机构已经放缓了创新，成本提高并破坏了资本效率，”加密本地投资公司CoinFund总裁克里斯·珀金斯（Chris Perkins）说。

Looking at Atkins' remarks, Perkins said “regulators should work in lockstep to make accessing regulated markets easier and enable operational and capital efficiencies for market participants. I have a feeling that under Paul Atkins' SEC, and Brian Quintenz's CFTC this will finally become a reality.”

看着阿特金斯的讲话，珀金斯说：“监管机构应该在锁定中努力，以使市场参与者的运营和资本效率变得更加容易，并使在保罗·阿特金斯（Paul Atkins）的SEC和Brian Quintenz的CFTC领导下，这将成为现实。”

A crypto ‘super-app’

加密“超级应用”

A crypto trading “super-app” policy would evidently mean firms that offer trading or custody of securities and non-securities could be regulated by the SEC.

Crypto交易“超级应用”政策显然意味着提供证券和非安全性交易或监护权的公司可以由SEC监管。

“The ‘super app’ idea reflects a future where capital markets are accessible through a single interface, streamlining everything from trading to custody and settlement,” Powell said. “For innovators in the space, it reinforces the thesis that asset management will increasingly move on-chain as a result of the transparency and liquidity afforded by tokenized products.”

鲍威尔说：“'超级应用程序'想法反映了一个未来，即通过单个接口可以访问资本市场，从而简化从交易到监护权和和解的所有内容。” “对于该领域的创新者，它加强了一个论点，即由于标记产品提供的透明度和流动性，资产管理将越来越多地移动链子。”

Commenting on Atkins’ remarks today that the SEC had its “head in the sand” when it came to regulating crypto, Gerald Gallagher, general counsel for Sei Labs — the team behind Layer 1 blockchain Sei — told The Defiant in an email that the SEC now recognizes the crypto industry’s need for “regulatory clarity, predictability and honest counterparties.”

SEI实验室总顾问Gerald Gallagher在评论Atkins今天的评论时说，SEC的“脑海”是“沙子”，SEI Labs的总法律顾问 - 第1层区块链SEI背后的团队 - 在一封电子邮件中告诉Defiant SEC，SEC现在认识到加密行业对“监管机构的清晰度，可预测性和诚实的对手”的需求。”

Gallagher added that he was heartened that Chairman Atkins “pointed out that technology should allow for more innovative business models, like the ‘super app’ approach to both digital asset and traditional securities custody for compliant parties.”

加拉格尔（Gallagher）补充说，他很高兴阿特金斯（Atkins）主席“指出，技术应该允许更具创新性的商业模式，例如“超级应用程序”对合规政党的数字资产和传统证券保管的方法。”