Coinbase，DOJ和国家执法：一场加密拖船战线？

Coinbase寻求司法部对国家加密执法的干预。它是狂野的，还是必要的州监督？

Hold onto your hats, crypto enthusiasts! The landscape of digital assets in the U.S. is getting even more interesting with the ongoing interplay between Coinbase, the Department of Justice (DOJ), and various state-level enforcements. Let's dive in!

抓住您的帽子，加密爱好者！通过Coinbase，司法部（DOJ）和各种州级执行之间的持续相互作用，美国数字资产的景观变得更加有趣。让我们潜入！

Coinbase Calls for DOJ Backup

Coinbase呼吁DOJ备份

Coinbase is not happy. After the SEC dropped its case, Coinbase is now facing a barrage of state-level actions, and they're asking the DOJ to step in. Coinbase's Chief Legal Officer, Paul Grewal, penned a 14-page letter urging the DOJ to push Congress for “broad preemption provisions.” Grewal argues that states overreaching is not federalism but “government run amok.”

Coinbase不开心。 SEC撤销案件后，Coinbase现在面临着一系列州级行动，他们要求司法部介入。Coinbase的首席法律官Paul Grewal撰写了一封14页的信，敦促司法部推动国会推动国会“广泛的预先抢先规定”。格雷瓦尔认为，各州的过度言论不是联邦制，而是“政府竞选阿莫克”。

The Oregon Trail (of Litigation)

俄勒冈步道（诉讼）

Oregon Attorney General Dan Rayfield is leading the charge, alleging that Coinbase sold unregistered securities to state residents. This echoes the claims made in the SEC case that was dropped earlier this year. Rayfield believes states need to “fill the enforcement vacuum” left by federal regulators. Coinbase, in turn, is fighting back, filing lawsuits and attempting to move the case to federal court.

俄勒冈州检察长丹·雷菲尔德（Dan Rayfield）领导该指控，指控Coinbase将未注册的证券出售给州居民。这回应了今年早些时候在SEC案件中提出的索赔。雷菲尔德认为，各州需要“填补联邦监管机构留下的执法真空”。反过来，Coinbase正在反击，提起诉讼，并试图将案件移交给联邦法院。

Market Structure on the Horizon?

市场结构即将到来？

While Coinbase battles state actions, Congress is inching closer to establishing a digital asset market structure. The Senate Banking Committee is expected to vote on legislation that would clarify the roles of the SEC and CFTC in crypto regulation. Coinbase wants the DOJ to advocate for preemption provisions that would exempt federally regulated digital assets from state blue-sky laws.

尽管Coinbase与国家行动作斗争，但国会正靠近建立数字资产市场结构。预计参议院银行委员会将对立法进行投票，以阐明SEC和CFTC在加密法规中的作用。 Coinbase希望司法部倡导先发制人的规定，以将联邦规范的数字资产免于州蓝光法律。

Binance's Balancing Act with the DOJ

Binance与司法部的平衡行为

Meanwhile, Binance is also in talks with the DOJ, negotiating the terms of its $4.3 billion settlement related to anti-money laundering compliance. There's speculation that Binance is seeking to eliminate a key oversight condition. Interestingly, the SEC seems to be softening its stance, dropping enforcement cases against major players like Coinbase and Binance after a period of harsh crackdowns.

同时，Binance还与司法部进行了会谈，谈判其与反洗钱合规性有关的43亿美元和解的条款。有人猜测Binance正在寻求消除关键的监督条件。有趣的是，SEC似乎正在减轻其立场，在经过一段时间的严厉镇压之后，对Coinbase和Binance等主要参与者的执法案件放弃了案件。

My Two Satoshis

我的两个satoshis

It seems like the DOJ is currently reducing the number of compliance monitors that were appointed during the Biden administration. Given the current political climate, it's not surprising to see states stepping up their enforcement efforts in the absence of clear federal leadership. It also highlights the urgent need for comprehensive federal legislation to provide clarity and consistency in crypto regulation. Otherwise, it will be a cat and mouse game.

似乎司法部目前正在减少拜登政府期间任命的合规监视器的数量。鉴于当前的政治气氛，在没有明确的联邦领导层的情况下，各州在加紧执法工作并不奇怪。它还强调了迫切需要进行全面的联邦立法，以提供加密法规的清晰度和一致性。否则，这将是猫和老鼠的游戏。

The Takeaway

外卖

The 'Coinbase, DOJ, state enforcement' situation is a multi-layered saga that highlights the growing pains of regulating a rapidly evolving industry. From lawsuits to legislative efforts, the future of crypto regulation in the U.S. remains uncertain, but one thing is clear: it's going to be a wild ride. So, buckle up, stay informed, and maybe invest in a good lawyer... just in case!

“ Coinbase，DOJ，国家执法”情况是一个多层的传奇，它突出了规范快速发展的行业的日益严重的痛苦。从诉讼到立法努力，美国加密监管的未来仍然不确定，但是有一件事很明显：这将是一次疯狂的旅程。因此，扣紧，保持知情，也许可以投资一个好的律师……以防万一！