Genius Act Stablecoin法案通过了重要的投票，现在在5月20日获得参议院的全面批准。

同时，这项更强大的规则补充说：1：1储备金，每月审计和所需的全部赎回权。

A crucial vote in the Senate on Thursday passed a bill that would impose a new regulatory framework for stablecoins, a class of cryptocurrencies pegged to the value of traditional fiat currency, most likely setting up a final vote by the full Senate as soon as Friday morning.

参议院周四的一项重要投票通过了一项法案，该法案将对Stablecoins实行新的监管框架，这是一类加密货币，这与传统菲亚特货币的价值挂钩，很可能在星期五早上在全参议院进行了最后的投票。

The vote on the bipartisan GENIUS Act, which stands for “Generating Economic, Mobilizing Jobs, and Unlocking Stability Act,” came after a previous attempt to pass the bill on Monday failed due to concerns over weak consumer protections and the potential influence of former President Donald Trump.

对《两党天才法》的投票代表“产生经济，动员工作和解锁稳定法”，这是在先前试图通过该法案的企图通过薄弱的消费者保护以及前总统唐纳德·特朗普的潜在影响的原因之后。

However, after the bill’s authors—Sens. Bill Hagerty (R-TN) and Mark Warner (D-VA)—added amendments to address these issues, it was able to pass the key procedural vote in a 66-32 vote.

但是，在法案的作者之后 - 延续。 Bill Hagerty（R-TN）和Mark Warner（D-VA） - 解决这些问题的修正案，它能够以66-32的投票通过关键的程序投票。

The updated bill includes several key provisions, such as requiring stablecoins to have full 1:1 fiat backing, undergo monthly audits, and provide clear redemption rules to users. These changes aim to eliminate any coins that operate in a shady or risky manner, ultimately rendering them useless, and create an environment where stablecoins are safer for both everyday investors and billion-dollar institutions.

更新的账单包括几个关键条款，例如要求StableCoins具有完整的1：1菲亚特支持，进行每月审核，并为用户提供明确的赎回规则。这些变化旨在消除任何以阴暗或冒险的方式运作的硬币，最终使它们毫无用处，并创造一个环境，使稳定的日常投资者和十亿美元的机构更安全。

After the vote, the bill now heads back to the House of Representatives, which will need to approve any amendments made by the Senate.

投票后，该法案现在返回众议院，这将需要批准参议院做出的任何修正案。

If the House does make any changes, the bill will then return to the Senate for a final vote before heading to Trump for his signature.

如果众议院确实做出了任何更改，则该法案将返回参议院进行最后的投票，然后前往特朗普以签名。

The bill’s passage comes amid growing interest in cryptocurrency regulation, with lawmakers from both parties working on legislation to set rules for the industry.

该法案通过对加密货币法规的兴趣日益加剧，双方的立法者越来越多地制定了该行业的规则。

The House Financial Services Committee has also been working on legislation to regulate crypto, with Chair Maxine Waters (D-CA) focusing her bill on consumer protection and anti-money laundering issues.

众议院金融服务委员会还一直在制定立法来规范加密货币，主席Maxine Waters（D-CA）将她的法案重点放在消费者保护和反洗钱问题上。

The Senate vote on the GENIUS Act will be the final stage in a long legislative process that began earlier this year with the introduction of the bill in March.

参议院对《天才法》的投票将是一项漫长的立法进程的最后阶段，该程序于今年早些时候开始于3月提出该法案。

The bill is also expected to include provisions for the oversight of stablecoins by the Federal Reserve and the Office of the Comptroller of Currency, as well as stricter rules for stablecoin issuers with over $50 billion in outstanding tokens.

该法案还预计将包括美联储和货币审计长办公室对Stablecoins监督的规定，以及针对超过500亿美元发行代币的Stablecoin发行人的更严格的规定。

The House is expected to focus its attention on Trump’s role in the bill, given his well-known support for stablecoin regulation and his administration’s efforts to create a U.S.-backed stablecoin.

鉴于他对Stablecoin监管的众所周知的支持以及他的政府创建美国支持的Stablecoin的努力，预计该众议院将把注意力集中在特朗普在该法案中的作用。

Additionally, attention will be on any potential amendments to include rules for decentralized finance (DeFi) and the integration of the GENIUS Act with broader financial legislation.

此外，将关注任何潜在的修正案，包括分散财务的规则（DEFI）以及《天才法》与更广泛的金融立法的整合。

The administration has consistently highlighted the importance of a U.S.-backed stablecoin as a tool to maintain the dollar’s global standing and enhance the efficiency of cross-border payments.

政府一直强调了美国支持的Stablecoin作为维持美元全球地位并提高跨境支付效率的工具的重要性。

Moreover, Trump has voiced his support for stablecoin regulation, aligning with the broader political consensus on the need for oversight in the rapidly evolving crypto sector.

此外，特朗普已经表达了他对Stablecoin监管的支持，与在迅速发展的加密货币部门对监督的需求相吻合。

As the bill progresses, it will be crucial to monitor the actions of the House and any further amendments that might arise.

随着法案的进行，监视房屋的行为以及可能发生的任何进一步修正案至关重要。

The final stage will involve Trump’s signature, which appears likely, considering his stance on stablecoin regulation and his administration’s initiative to create a USD 1 stablecoin.

最后阶段将涉及特朗普的签名，考虑到他对Stablecoin监管的立场及其政府为创建1美元的Stablecoin的主动行动。

The implementation of the bill’s provisions, including 100% reserve backing, monthly audits, and supervision by the Fed and OCC, will be key to ensuring a stable and trustworthy ecosystem for both large institutions and individual investors.

该法案规定的实施，包括美联储和OCC的100％储备支持，每月审计以及监督，将是确保大型机构和个人投资者的稳定且值得信赖的生态系统的关键。

While a statement from the White House said Trump would sign the bill, the administration signaled potential problems with the bill in a May 7 memo from the Treasury Department.

虽然白宫的一份声明说特朗普将签署该法案，但政府在财政部的5月7日备忘录中表明了该法案的潜在问题。

The memo expressed concerns that the bill could undermine financial stability and create legal uncertainty.

备忘录表示担心该法案可能会破坏财务稳定并造成法律不确定性。

It suggested deferring the legislation to allow for further study and input from financial regulators.

它建议推迟立法，以允许财务监管机构进一步研究和投入。

The administration also raised issues with the bill’s provisions for the Treasury secretary to mint a U.S.-backed stablecoin, arguing that it could create confusion with the existing monetary system.

政府还提出了该法案对财政部长的规定造成美国支持的Stablecoin的问题，认为这可能会与现有的货币制度造成混乱。

Despite these concerns, the administration acknowledged the need for clear regulation of stablecoins and suggested that Congress could consider enacting a simpler bill focused on requiring full-reserve backing and tying stablecoins to the U.S. dollar.

尽管有这些担忧，但政府承认需要明确监管Stablecoins，并建议国会可以考虑制定一项更简单的法案，专注于需要全力支持，并将稳定的稳定者与美元息息相关。

The Treasury Department’s memo provides valuable insights into the administration’s thinking on cryptocurrency regulation and the potential implications of the GENIUS Act.

财政部的备忘录为政府对加密货币监管的思想以及《天才法》的潜在影响提供了宝贵的见解。

As the bill advances in the House, it will be interesting to observe how these concerns are addressed and how the final version of the bill takes shape.

随着法案在房屋中的发展，观察这些问题是如何解决这些问题以及法案的最终版本如何形成将是很有趣的。

With the Senate's passage of the bill and the House's expected approval, the stage is set for Trump's signature and the subsequent implementation of the bill's provisions.

随着参议院通过该法案和众议院预期的批准，特朗普的签名和随后的法案规定的实施设定了阶段。

This development could have far-reaching consequences for the cryptocurrency industry and the broader financial landscape.

这种发展可能会对加密货币行业和更广泛的金融格局产生深远的影响。

The Senate's vote on Thursday to pass a bill imposing a new regulatory framework for stablecoins came after a previous attempt to pass the bill on Monday failed due to concerns over

参议院周四的投票通过一项法案施加了一项法案，该法案强加了一个新的监管框架，该框架是在先前试图通过该法案的企图因担心而失败之后。