制定稳定法规的美国立法未能迈出巨大的一步

加密货币行业一直在密切关注参议院，在那里，其长期斗争的立法战役的命运在今年的平衡中陷入困境。

A U.S. legislation that would establish stablecoin regulation failed to take a huge step closer to reality on Thursday as a rush of Democratic resistance kept the bill from moving into a debate phase, which would have been the path toward an eventual vote on passage.

一项将制定Stablecoin法规的美国立法在周四未能迈出巨大的一步，因为民主抵抗的匆忙使该法案无法进入辩论阶段，这将是最终对通行证进行投票的道路。

The crypto industry has been closely watching the Senate, where the fate of its long-fought legislative battle hangs in the balance this year. The first of two major digital assets bills — this one to regulate stablecoins such as Circle's USDC and Tether's USDT — ran into a congressional roadblock, despite having easily won bipartisan approval in a previous Senate Banking Committee vote.

加密货币行业一直在密切关注参议院，在那里，其长期斗争的立法战役的命运在今年的平衡中陷入困境。两项主要的数字资产法案中的第一个（这是一个规范Circle的USDC和Tether的USDT）遇到了国会障碍，尽管在先前的参议院银行委员会的投票中赢得了两党的批准，但仍遇到了国会障碍。

A technical but vital vote to advance the legislation into days of floor debate next week, failed 48-49. Under Senate rules, 60 votes were needed to advance debate. Senators Josh Hawley and Rand Paul broke ranks with their fellow Republicans to vote against advancing the legislation. Senate Majority Leader John Thune flipped his vote to no as well at the end of the vote series in a procedural move to bring the legislation back at a future date.

下周将立法推进立法日期辩论时期的技术但至关重要的投票失败了48-49。根据参议院的规定，需要60票才能提出辩论。参议员乔什·霍利（Josh Hawley）和兰德·保罗（Rand Paul）与共和党同胞分手，投票反对立法。参议院多数党领袖约翰·图恩（John Thune）在投票系列的结束时将他的投票拒之门外，以在未来日期将立法带回的程序举动。

Some Democrats who had previously spoken in favor of the effort turned against it in recent days, saying the stablecoin regime needed more safeguards against illicit behavior, most notably singling out the crypto business ties of President Donald Trump as a potential conflict of interest that was flagged by many of them as corruption.

一些以前曾表示赞成这项努力的民主党人最近几天反对这一努力，称稳定政权需要更多的保障措施来防止非法行为，最著名的是，将唐纳德·特朗普总统的加密货币业务联系起来是潜在的利益冲突，这些冲突被许多人称为腐败。

Senator Ruben Gallego, who received $10 million in backing from the crypto industry's political action committees during the 2024 election, was among them, and he said on the Senate floor before the vote, "I believe there is a pathway for us to actually get this done, get good language, have a bipartisan win for this country."But he said the hard work and "good faith" that's gone into the bill so far should be paused.

参议员鲁本·加勒戈（Ruben Gallego）在2024年大选期间从加密货币行业的政治行动委员会获得了1000万美元的支持，其中包括他在参议院的投票前在参议院的一席之地上说：“我相信我们有一条途径可以使我们真正完成这项工作，获得良好的语言，获得良好的语言，对这个国家赢得了双重胜利，但他说了一个艰苦的信仰。

"The reason you're hearing some hesitancy: The legislation of this scope and importance really cannot be rushed, and we need time," he said, adding that he's not seeking to shut the process down. "We want to bring this economy and this innovation to the United States."

他说：“您听到一些犹豫的原因：这种范围和重要性的立法确实不能匆忙，我们需要时间。”他补充说，他并不试图关闭该过程。 “我们希望将这种经济和这项创新带入美国。”

Gallego asked for Republicans to agree to hold off on the vote until at least Monday to give lawmakers time to "educate" the bill's opponents on the legislative text — which hadn't been finalized at the time the vote began.

加勒戈（Gallego）要求共和党人同意进行投票，直到至少在星期一，以使立法者有时间在立法文本上“教育”该法案的反对者 - 在投票开始时尚未完成。

Senator Mark Warner, a Virginia Democrat, echoed that he hopes debate can still happen as early as next week, noting that "stablecoins are undeniably a part of the future of finance," but he argued the "text isn't yet finished" and needs to provide Americans more protections.

弗吉尼亚州民主党参议员马克·华纳（Mark Warner）回应说，他希望辩论能够在下周仍然可以进行，并指出“稳定者无疑是财务未来的一部分”，但他认为“文字尚未完成”，并且需要为美国人提供更多的保护。

Republicans, including Majority Leader John Thune, had encouraged the Senate to press forward to an open debate, where changes could still be made.

包括多数党领袖约翰·杜恩（John Thune）在内的共和党人鼓励参议院进行公开辩论，在那里仍然可以进行改变。

"We must grab the reins and ensure that all Americans are able to take charge of their financial future," said Senator Cynthia Lummis, the Wyoming Republican who leads a crypto subcommittee in the Senate. She said before the vote that senators' staffs have "been working for days recently — days — to bring this bill to the floor" and have already taken many amendments from Democrats.

怀俄明州共和党参议员辛西娅·卢米斯（Cynthia Lummis）说：“我们必须抓住ins绳，并确保所有美国人能够负责他们的财务未来。”她在投票之前说，参议员的工作人员“最近已经工作了几天（几天），以使这项法案浮出水面”，并且已经采取了民主党的许多修正案。

"This is a bipartisan bill and had bipartisan process from the very beginning," Thune said in remarks after the vote in which he said Democrats refused to begin the debate the Senate has been building toward.

图恩在投票后说：“这是一项两党法案，从一开始就开始了两党的进程。”

"Democrats have been accommodated every step of the way," he added, noting this is now the sixth version of the legislation.

他补充说：“民主党人已被安置在每一步。”

"I just don't get it," he said. The plan now is to "bring this legislation up again if and when Democrats are ready to get serious. Clearly today they are not."

他说：“我只是不明白。”现在的计划是“如果民主党人准备好认真对待，则“再次提出这项立法。显然，今天不是。”

Senator Bill Hagerty, who introduced the bill in the first place, went further, saying lawmakers voting against opening debate were actually voting to "kill the crypto industry here in America."

首先提出该法案的参议员比尔·哈格蒂（Bill Hagerty）进一步提出了该法案，称对开幕式辩论的议员们实际上投票反对“杀死美国这里的加密货币产业”。

Read More: Senate Republicans Making Plea to Get on With Stablecoin Debate

阅读更多：参议院共和党人请求继续进行Stablecoin辩论

UPDATE (May 8, 2025, 18:55 UTC): Adds remarks from Majority Leader John Thune.

更新（2025，18：55 UTC）：补充了多数党领袖约翰·图恩（John Thune）的言论。