雷切尔·里夫斯（Rachel Reeves）宣布了加密助理服务公司的新规则

上周在伦敦举行的金融科技周，英国总理雷切尔·里夫斯（Rachel Reeves）宣布，提供加密助理服务的公司将受到新的明确规则

Fintech Week in London last week saw U.K Chancellor Rachel Reeves announce that firms offering cryptoasset services will be subject to new clear rules aimed at boosting investor confidence and driving growth.

上周在伦敦举行的金融科技周，英国总理雷切尔·里夫斯（Rachel Reeves）宣布，提供加密助理服务的公司将受到旨在提高投资者信心和推动增长的新规定。

It is estimated that 12 percent of U.K. adults now own or have owned crypto, up from just four percent in 2021, and the Government is concerned about the risks that cryptoassets present to retail customers, and in particular scams and fraud.

据估计，现在英国成年人中有12％拥有或拥有加密货币，高于2021年的4％，政府担心加密货币对零售客户的风险，尤其是骗局和欺诈。

Reeves said, “Through our Plan for Change, we are making Britain the best place in the world to innovate — and the safest place for consumers. Robust rules around crypto will boost investor confidence, support the growth of Fintech and protect people across the U.K.”

里夫斯说：“通过我们的变革计划，我们使英国成为世界上创新的最佳地位，也是消费者最安全的地方。围绕加密货币的强大规则将提高投资者的信心，支持金融科技的增长和保护英国各地的人们”。”

Crypto firms with U.K. customers will also have to meet clear standards on transparency, consumer protection, and operational resilience, just like firms in traditional finance.

与英国客户的加密公司还必须达到有关透明度，消费者保护和运营弹性的明确标准，就像传统金融中的公司一样。

The long-awaited new rules, published by HM Treasury just before Fintech Week, are being deployed as a Statutory Instrument (SI) under the Financial Services and Markets Act 2023 are currently in draft and open for comments until 23rd May.

在金融科技周之前发布的期待已久的新规则，该规则在《金融科技周》之前出版，该规则正在《 20023年《金融服务与市场法》法案法案）部署为法定工具（SI），目前正在选秀中，并在5月23日之前发表评论。

The new rules were shortly followed by the Financial Conduct Authority’s (FCA’s) DP25/1: Regulating cryptoasset activities, which is also open for public comment until June 13th. It is expected that industry will put forward strong responses to both given the mixed feedback on the proposals around the virtual water cooler.

新规定不久之后是金融行为管理局（FCA）的DP25/1：监管CryptoAsset活动，该活动也供公众发表，直到6月13日。预计，鉴于对虚拟水冷却器周围的提案的不同反馈，行业将对两者都提出强烈的回应。

The Chancellor also announced that the U.K. and U.S. will use the upcoming U.K. – U.S. Financial Regulatory Working Group for crypto and digital assets policy engagement. Industry anticipates a possible collaboration using cross-border industry sandboxes, leveraging the U.K.’s Digital Securities Sandbox.

总理还宣布，英国和美国将使用即将到来的英国 - 加密和数字资产政策参与的美国金融监管工作组。行业预计使用跨境行业沙箱可能会进行合作，利用英国的数字证券沙箱。

This willingness to drive forward cross-border collaboration was followed by remarks from Bank of England (BoE) Deputy Governor Sarah Breeden who discussed next steps for the U.K. stablecoin regime during a panel session at the Point Zero Forum in Zurich this week where she also re-emphasised the importance of working across borders.

这种推动前进跨境合作的意愿之后，英格兰银行（BOE）副州长莎拉·布雷登（Sarah Breeden）发表了讲话，他在本周在苏黎世的零点零论坛上的小组会议上讨论了英国Stablecoin政权的下一步，她还重新强调了跨边界的重要性。

The proposed cross-border collaboration, on top of the first and newly announced U.S. trade deal with the U.K. leaves industry players with high expectations of a strong cross border “special relationship” on key policy and regulation for crypto and digital assets.

拟议的跨境合作除了第一和新宣布与英国的贸易交易之外，对加密和数字资产的关键政策和法规的强烈跨境“特殊关系”的期望很高。

“The clarity of purpose in the U.K. government, combined with new rules coming into force for digital assets, will undoubtedly play to strengths in the U.K. economy creating a key opportunity to forge U.S - U.K. regulatory harmonization and investment opportunities,” says Dante Disparte, chief strategy officer and head of global policy and operations at Circle.

“英国政府在英国政府中的目的，再加上新规则的数字资产，无疑将发挥英国经济中的优势，从而创造了一个关键的机会 - 英国的监管协调和投资机会，” Dante Disparte，首席战略官，全球政策和运营负责人Dante Disparte说。

Looking Across The Channel

跨频道看

The SI is directed at regulating cryptoassets and stablecoins and sets out some key important provisions. The proposals include the creation of a new category of specified investments which will cover qualifying cryptoassets and stablecoins.

SI致力于调节加密和稳定剂，并规定了一些关键的重要规定。这些建议包括创建新的指定投资类别，这些投资将涵盖合格的加密和稳定币。

The SI also includes a new specified activity of stablecoin issuance, and authorisation requirements for issuers includes a delineation between crypto and traditional securitites and the exemption of pure DeFi, further clarifying the U.K.’s regulatory perimeter.

SI还包括一项新的特定特定活动，发行的授权要求包括加密货币和传统Securitites之间的划定以及对Pure Defi的豁免，进一步阐明了英国的监管外围。

While there are some similarities between the proposed U.K regs to other global regimes such as the E.U.’s MiCA, the pending U.S. Senate Banking’s GENIUS Act and Abu Dhabi’s already established Fiat Referenced Token Regime, industry policy analysts point out some discrepancies which are a cause for concern for the U.K. from a competition perspective.

虽然拟议的英国规定与其他全球政权（例如欧盟的云母）之间有一些相似之处，在美国参议院银行的《天才法案》和阿布扎比已经建立的菲亚特参考菲亚特政策方面的政策分析师指出，一些差异是从竞争角度出发，这是对英国关注的原因。

“The U.K.’s proposals are a step in the right direction and show clear intent to engage with the stablecoin market thoughtfully, recognising the role of overseas-issued tokens is a sensible move and reflects a more pragmatic approach than what we’ve seen in the EU under MiCA. But it’s important that the U.K. doesn’t replicate some of MiCA’s flaws which risk stifling innovation and undermining financial stability. We look forward to continuing dialogue to help shape a framework that supports both innovation and user protection,” said Paolo Ardoino, the chief executive officer of Tether.

“The UK's proposals are a step in the right direction and show clear intent to engage with the stablecoin market thoughtfully, recognising the role of overseas-issued tokens is a sensible move and reflects a more pragmatic approach than what we've seen in the EU under MiCA. But it's important that the UK doesn't replicate some of MiCA's flaws which risk stifling innovation and undermining financial stability. We look forward to continuing dialogue to help塑造一个支持创新和用户保护的框架。” Tether首席执行官Paolo Ardoino说。

While some are concerned about MiCA's shortcomings, it is notable that MiCA is widely seen as the one of the most comprehensive global frameworks for cryptoassets. The regulatory certainty and legal clarity it brings means that large institutional players have already started to scale there.

虽然有些人担心云母的缺点，但值得注意的是，云母被广泛视为加密群体最全面的全球框架之一。它带来的监管确定性和法律清晰度意味着大型机构参与者已经开始在那里扩展。

Jean-Marc Stenger, chief executive officer of Societe Generale – FORGE says, “Europe has been at the forefront in terms of regulation. The entry into force of the MiCA regime reshapes the market in the E.U. and opens up a window of opportunity. This is the first time that we have a clear, homogeneous, relatively broad, and ambitious framework that is directly applicable throughout the E.U. For Societe Generale - FORGE, offering a MiCA-compliant

社会兴建生物首席执行官Jean -Marc Stenger（Jean -Marc Stenger）说：“欧洲在监管方面一直处于最前沿。云母政权的生效重塑了欧盟的市场，并打开了机会之窗。这是我们第一次有一个清晰，同质，相对广泛的框架，遍布整个框架 - 遍布整个框架 - 遍布整个框架 - 遍布整个框架 - eu eu eu eu eu eu eu eu eu eu eu eu eu eu eu eu eu eu eu eu eu eu eu eu eu eu eu eu符合云母