《天才法》旨在调节一些加密货币

参议院周一晚些时候投票通过66-22投票，以推动《天才法》，该法案旨在规范一些加密货币。

The Senate vote 66-22 late Monday to advance the GENIUS Act, a bill that aims to regulate some cryptocurrencies, faced some Democratic opposition in recent weeks.

参议院投票66-22周一晚些时候推进了《天才法》，该法案旨在规范一些加密货币，最近几周面临一些民主反对派。

The industry-backed measure, which is being led by Sen. Bill Hagerty, R-Tenn., and Sen. Mark Warner, D-Va., sets rules targeting stablecoins, a type of cryptocurrency pegged to the value of another asset, often the U.S. dollar.

这项由行业支持的措施由参议员Bill Hagerty，R-Tenn。和D-Va。参议员Mark Warner制定了针对StableCoins的规则，该规则是一种固定在某种资产的价值的加密货币，通常是美元。

Proponents hailed the bill as a means of protecting consumers and setting industry standards, which could allow such crypto coins to become a mainstream tool for digital payments and other financial instruments.

支持者称赞该法案是保护消费者和制定行业标准的一种手段，这可以使此类加密硬币成为数字支付和其他金融工具的主流工具。

But critics warned that the bill fails to address conflict-of-interest concerns and risks endangering consumers and the wider economy with a weak set of rules.

但是批评者警告说，该法案未能解决利益冲突的问题，并以较弱的规则危害消费者和更广泛的经济。

“This sets the stage for these assets to go mainstream,” Christian Catalini, founder of the MIT Cryptoeconomics Lab, who supports the measure, said in a statement.

支持该措施的MIT Cryptoecomansics Lab的创始人克里斯蒂安·卡塔利尼（Christian Catalini）在一份声明中说：“这为这些资产奠定了基础。”

Here’s what to know about the GENIUS Act, and what it means for you.

这是关于天才行为以及对您意味着什么的知识。

What is the GENIUS Act?

什么是天才行为？

The GENIUS Act, or the "GENetic Issuance and Node Unification for Stablecoins Act," concerns the issuance and exchange of stablecoins, a form of digital currency backed by another form of currency like the U.S. dollar or a commodity like gold.

《天才法》或“遗传发行和节点统一法案”涉及签发和交换Stablecoins，这是一种以其他形式的货币形式支持的数字货币形式，例如美元或黄金等商品。

Stablecoins are designed to be less volatile than other forms of cryptocurrency, which can experience large price swings and, in turn, pose difficulty for individuals using them to facilitate a purchase or sale.

稳定币的设计量比其他形式的加密货币挥发性较小，这种加密货币可能会经历大量的价格波动，进而使使用它们促进购买或销售的个人构成困难。

The bill sets rules for stablecoin issuers, including a mandate that firms hold a reserve of assets underlying the cryptocurrency. That stipulation aims to protect consumers, who otherwise risk a failure to cash out their holdings in the event of a rapid, widespread offloading of coins.

该法案为Stablecoin发行人制定了规则，其中包括公司持有加密货币背后的资产储备的任务。该规定旨在保护消费者，否则，如果硬币的迅速，广泛的卸载，他们否则就有可能未能兑现其股份。

In a separate effort to safeguard consumers, the measure would require issuers to grant coin holders priority for repayment in the event of a bankruptcy. The measure also mandates issuers abide by some anti-money laundering rules and anti-terrorism sanctions.

在另一项努力保护消费者的努力中，该措施将要求发行人在破产时授予硬币持有人的优先级以偿还。该措施还要求发行人遵守一些反洗钱规则和反恐怖主义制裁。

What do supporters and critics say about the GENIUS Act?

支持者和批评家对《天才法》有何评论？

Supporters of the GENIUS Act say the measure is a first-of-its-kind effort to formalize a key segment of the cryptocurrency industry, offering safeguards for consumers, allowing entry for conventional financial firms and growing the digital currency market.

《天才法案》的支持者说，这项措施是正式化加密货币行业的关键部分的首要努力，为消费者提供保障措施，允许进入常规金融公司并发展数字货币市场。

“This opens the floodgates,” Catalini said. “You’ll see entry by many issuers. Consumers will all have more choices. This will bring more competition and innovation in payments.”

卡塔利尼说：“这打开了闸门。” “您会看到许多发行人的参赛作品。消费者都有更多的选择。这将带来更多的竞争和创新。”

The new rules, Catalini added, take the onus off of consumers to discern between good and bad actors within the stablecoin sector, instead opening up competition between firms based on the quality of their products.

卡塔利尼补充说，新规定使消费者的责任与stablecoin行业内的好和坏演员辨别，而是根据其产品质量开放公司之间的竞争。

“It becomes a game of who can deliver better use-cases and features to consumers and businesses the fastest,” Catalini said.

卡塔利尼说：“这成为可以为消费者和企业提供更好的用例和功能的游戏。”

But critics of the measure say it amounts to an industry-friendly set of weak regulations that fail to adequately protect consumers and police illicit trading of stablecoins.

但是对该措施的批评者说，这相当于一套对行业友好的法规，这些法规无法充分保护消费者和警察对稳定的贸易。

“While a strong stablecoin bill is the best possible outcome, this weak bill is worse than no bill at all,” Sen. Elizabeth Warren, D-Mass., said on the Senate floor Monday.

D-Mass。参议员伊丽莎白·沃伦（Elizabeth Warren。

Critics say the shortcomings of the bill are exemplified by its inability to address conflict-of-interest concerns raised by Trump’s dealings in stablecoins.

批评者说，该法案的缺点是因为它无法解决特朗普在斯塔布莱恩（Stablecoins）的交易引起的利益冲突担忧。

In March, Trump-backed crypto firm World Liberty Financial issued a stablecoin USD1. An Abu Dahbi-based investment firm earlier this month used the stablecoin to make a $2 billion investment in crypto exchange Binance, putting Trump’s company in a position to profit from the deal. Trump has denied any wrongdoing.

3月，特朗普支持的加密公司世界自由金融公司发行了Stablecoin USD1。一家总部位于阿布达比的投资公司本月早些时候利用Stablecoin对加密货币交易所进行了20亿美元的投资，这使得特朗普的公司能够从交易中获利。特朗普否认有任何不当行为。

The bill features a stipulation that would “prohibit any member of Congress or senior executive branch official from issuing a payment stablecoin product during their time in public service.”

该法案的规定将“禁止任何国会成员或高级行政部门官员在公共服务期间发行付款Stablecoin产品”。

Still, Warren said, the measure inadequately protects against concerns raised by Trump’s venture.

沃伦说，尽管如此，这项措施仍然不足地保护了特朗普冒险的担忧。

“This bill provides even more opportunities to reward buyers of Trump’s coins with favors like tariff exemptions, pardons, and government appointments,” Warren added.

沃伦补充说：“该法案提供了更多的机会，以奖励特朗普硬币的买家，诸如税收豁免，赦免和政府任命之类的人。”