《 Clarity Act》旨在将加密资产定义为证券或商品

美国众议院金融服务委员会已正式提出《 Clarity Act》，这是一项提高数字资产领域的监督和透明度的法案。

The US House of Representatives Financial Services Committee has advanced the Clarity, Responsibility, and IncUnoperability in cryptocurrency legislation to the House floor with a vote of 32 to 19 on Saturday.

美国众议院金融服务委员会在周六以32票对19票的票数提高了加密货币立法的清晰，责任和尚无无法进行的。

The bill, which is officially titled "the Crypto-Logically Addressing Regulatory Inconsistencies and Transparency for You (CLARITY) Act," aims to streamline and enhance oversight of digital assets by establishing clear criteria for classifying tokens as securities or commodities.

该法案正式标题为“对您的监管不一致和透明度（CLARITY）法案的涉及加密货币逻辑，旨在通过建立将代币分类为证券或商品的明确标准来简化和增强对数字资产的监督。

The legislation also introduces safe harbor provisions for innovators, imposes stricter Know Your Customer (KYC) and Anti-Money Laundering (AML) rules, and mandates increased operational standards for cryptocurrency exchanges and issuers to mitigate the risk of fraud.

该立法还引入了有关创新者的安全港规定，施加更严格的了解您的客户（KYC）和反洗钱（AML）规则，并要求提高加密货币交易所的运营标准和发行人来减轻欺诈风险。

Earlier this week, the House Agriculture Committee voted 47 to 6 in favor of advancing the bill.

本周早些时候，众议院农业委员会以47票对6票投票支持该法案。

The bill, introduced by Representative French Hill (R-AR), focuses on bridging the gaps between existing regulatory agencies—particularly the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)—while providing market participants with more explicit rules for token classification, reporting requirements, and compliance obligations.

该法案由代表法国山（R-AR）提出，重点是弥合现有监管机构之间的差距，尤其是证券交易委员会（SEC）和商品期货交易委员会（CFTC），这为市场参与者提供了更明确的分类，报告要求，报告要求和合规性愿望的更明确的规则。

"This legislation gives entrepreneurs and innovators the clarity they’ve been demanding and helps protect consumers from bad actors exploiting regulatory uncertainty," said Hill, the chair of the Subcommittee on Digital Assets, Financial Technology, and Inclusion, in a statement. "It also builds on existing federal programs to ensure digital asset service providers are subject to the same KYC/AML requirements as other financial institutions."

希尔在一份声明中说：“这项立法为企业家和创新者提供了他们一直要求的清晰度，并有助于保护消费者免受监管不确定性的不良行为者。” “它还以现有联邦计划为基础，以确保数字资产服务提供商受到与其他金融机构相同的KYC/AML要求。”

The bill arose from a bipartisan effort to create a comprehensive regulatory framework for cryptocurrencies following years of piecemeal guidance from U.S. regulators.

该法案源于两党在美国监管机构经过多年的零碎指导之后，为加密货币创建全面的监管框架。

The bill proposes a multi-agency process for classifying a digital asset as a security, commodity, or financial instrument, taking into account factors such as the token's purpose, utility, and governance structure.

该法案提出了一个多机构流程，以将数字资产分类为安全，商品或金融工具，以考虑令牌的目的，公用事业和治理结构等因素。

This classification would involve a joint review by the SEC and CFTC, aiming to avoid overlapping enforcement actions and ensure consistent regulatory outcomes.

该分类将涉及SEC和CFTC的联合审查，旨在避免重叠的执法行动并确保一致的监管结果。

Moreover, the legislation mandates that projects issuing tokens must submit detailed disclosures about their business models, token economics, and risk factors—similar to traditional public offerings.

此外，立法规定，发行代币的项目必须提交有关其业务模式，代币经济学和风险因素的详细披露，这与传统的公共产品相似。

The goal is to provide investors with sufficient information to make informed investment decisions and mitigate the potential for scams or fraudulent activities.

目的是为投资者提供足够的信息，以做出明智的投资决策，并减轻骗局或欺诈活动的潜力。

The bill also introduces safe harbor provisions for developers and startups, allowing new crypto projects to build and launch under a grace period before being subject to full regulatory scrutiny—provided they meet specific transparency criteria and act in good faith.

该法案还为开发商和初创公司介绍了安全港的规定，允许新的加密项目在宽限期内建立和发射，然后受到全面的监管审查，并提供了符合特定的透明度标准并真诚地行事。

This provision, supporters say, is crucial for fostering innovation and attracting talent to the U.S. in the face of increasing global competition in the digital asset space.

支持者说，这项规定对于促进创新和吸引人才至关重要，面对数字资产领域的全球竞争。

“We’re pleased the House Financial Services Committee recognized the need to advance the CLARITY Act, especially given the Senate's failure to act on any meaningful crypto legislation this Congress,” said Kristin Smith, CEO of the Blockchain Association. “This bill represents meaningful progress and will create a more competitive financial services industry in the U.S., which is something both parties should agree on.”

区块链协会首席执行官克里斯汀·史密斯（Kristin Smith）表示：“我们很高兴众议院金融服务委员会意识到有必要提高《清晰法》，特别是考虑到参议院未能对本次国会的任何有意义的加密立法采取行动。” “该法案代表了有意义的进步，并将在美国创建一个更具竞争力的金融服务行业，这是双方都应该同意的。”

The legislation also mandates that all digital asset service providers, including exchanges and issuers, implement robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures according to federal guidelines.

该立法还规定，根据联邦准则，所有数字资产服务提供商，包括交流和发行人都实施了强大的了解您的客户（KYC）和反洗钱（AML）程序。

These measures are designed to align digital asset service providers with traditional financial institutions and ensure compliance with international standards for combating financial crime.

这些措施旨在使数字资产服务提供商与传统金融机构保持一致，并确保遵守打击金融犯罪的国际标准。

The bill's passage comes amid growing pressure on Congress to intervene in the regulatory sphere as the SEC intensifies its crackdown on crypto firms. Earlier this year, the Senate Banking Committee held several sessions to discuss a potential crypto bill, but no legislation ultimately advanced.

随着SEC加剧对加密货币公司的镇压，国会对国会进行干预的压力越来越大，该法案的通过越来越大。今年早些时候，参议院银行委员会举行了几次会议，讨论了一项潜在的加密法案，但最终没有立法提出。

The House lawmakers' vote to advance the bill signals a potential shift in the legislative landscape. However, the bill still faces an uncertain path to passage. It must be voted on by the full House of Representatives and then pass the Senate before being sent to President Biden's desk to be signed into law.

众议院议员的投票表明该法案标志着立法环​​境的潜在转变。但是，该法案仍然面临着不确定的通行途径。必须由全众议院对其进行投票，然后通过参议院，然后被送往拜登总统的办公桌以签署为法律。