美国证券交易委员会拒绝 Ripple 的稳定币提案，申请永久禁令

美国证券交易委员会已提交一份简报，反对 Ripple 提议的稳定币，将其标记为“未注册的加密资产”，并引用 Ripple 的新闻稿作为证据。 SEC 认为，稳定币表明 Ripple 继续参与不受监管的活动，并要求处以 20 亿美元罚款以阻止此类行为。 Ripple 反驳说，法院应该驳回罚款，并提议判处 1000 万美元或更少的民事罚款。根据 SEC 的文件，XRP 的价格下跌了 2.76%，引起了预计该稳定币发布的投资者和交易员的担忧。

US Securities and Exchange Commission Files Response to Ripple's Stablecoin Proposal

美国证券交易委员会对 Ripple 的稳定币提案做出回应

Washington, D.C., May 2024 - The United States Securities and Exchange Commission (SEC) has filed a response to Ripple's proposed stablecoin, labeling it an "unregistered crypto asset." The response, submitted on May 7th, argues that Ripple's continued involvement in unregulated activities warrants a permanent injunction.

华盛顿特区，2024 年 5 月 - 美国证券交易委员会 (SEC) 已对 Ripple 提议的稳定币做出回应，将其标记为“未注册的加密资产”。 5 月 7 日提交的回应称，Ripple 继续参与不受监管的活动，需要永久禁令。

Stablecoin Market Dynamics

稳定币市场动态

The stablecoin market has experienced significant growth, reaching an estimated value of $150 billion currently. Projections indicate further growth, with an anticipated value of over $2.8 trillion by 2028. This growth is attributed to the demand for stability, trust, and utility in the digital asset ecosystem.

稳定币市场经历了显着增长，目前估计价值达到 1500 亿美元。预测表明该数字将进一步增长，预计到 2028 年价值将超过 2.8 万亿美元。这种增长归因于数字资产生态系统对稳定性、信任和实用性的需求。

Ripple's Stablecoin Plans

Ripple 的稳定币计划

In April 2024, Ripple announced its intention to issue a stablecoin pegged 1:1 to the US dollar on the XRP Ledger and Ethereum blockchains. However, since the initial announcement, Ripple has not provided further details regarding the token.

2024 年 4 月，Ripple 宣布打算在 XRP Ledger 和以太坊区块链上发行与美元 1:1 挂钩的稳定币。然而，自最初宣布以来，Ripple 尚未提供有关该代币的更多细节。

SEC's Concerns

美国证券交易委员会的担忧

The SEC argues that Ripple's proposed stablecoin is further evidence of the company's continued engagement in unregulated activities. The regulator cited Ripple's press release announcing the stablecoin as proof of its intent to continue such activities.

美国证券交易委员会认为，Ripple 提议的稳定币进一步证明了该公司继续从事不受监管的活动。监管机构引用 Ripple 宣布推出稳定币的新闻稿作为其继续开展此类活动的意图的证据。

SEC's Injunction Request

SEC 的禁令请求

The SEC maintains that Ripple's primary business has been the unregistered institutional sales of XRP and will continue to be so if an injunction is not granted. The regulator claims that Ripple's ongoing operations create a situation where violations are likely to continue.

SEC 坚称，Ripple 的主要业务是未注册的 XRP 机构销售，并且如果不授予禁令，该业务将继续如此。监管机构声称，Ripple 的持续运营造成了违规行为可能继续存在的情况。

Ripple's Monthly XRP Sell-Offs

Ripple 的每月 XRP 抛售

The SEC specifically highlights Ripple's monthly XRP sell-offs as evidence of its ongoing unregistered activities. Finbold's analysis shows that Ripple unlocks 1 billion XRP from escrows on the first day of each month. The company then reserves around 20% of the unlocked amount for monthly sales in strategic moments.

美国证券交易委员会特别强调了 Ripple 每月 XRP 的抛售，作为其正在进行的未注册活动的证据。 Finbold 的分析显示，Ripple 在每个月的第一天从托管中解锁 10 亿个 XRP。然后，公司会保留大约 20% 的解锁金额，用于战略时刻的每月销售。

SEC's Proposed Fines

SEC 提议的罚款

The SEC has proposed a substantial penalty of nearly $2 billion to deter Ripple and other potential violators. Ripple, however, contends that the court should reject this demand, proposing a civil penalty not exceeding $10 million.

美国证券交易委员会 (SEC) 提议处以近 20 亿美元的巨额罚款，以阻止 Ripple 和其他潜在违规者。然而，Ripple 认为法院应该驳回这一要求，并提议判处不超过 1000 万美元的民事罚款。

Ripple's Response

瑞波币的回应

Ripple's chief legal officer, Stuart Alderoty, has criticized the SEC's filing as baseless and an example of the regulator's failure to apply the law fairly. Alderoty also questioned the SEC's disregard for crypto frameworks in other jurisdictions.

Ripple 的首席法律官斯图尔特·阿尔德罗蒂 (Stuart Alderoty) 批评 SEC 的备案毫无根据，是监管机构未能公平适用法律的一个例子。 Alderoty 还质疑 SEC 对其他司法管辖区的加密框架的漠视。

SEC's Rejection of Ripple's Arguments

SEC 驳回 Ripple 的论点

The SEC has dismissed Ripple's assurance that it will not violate US securities laws due to its licensing in other jurisdictions. The regulator argues that this argument is "absurd" and akin to a New York restaurant not needing a liquor license because it has a fishing license in California.

由于Ripple在其他司法管辖区获得许可，美国证券交易委员会驳回了Ripple关于其不会违反美国证券法的保证。监管机构认为，这种说法“荒谬”，类似于纽约一家餐馆因为在加利福尼亚州拥有钓鱼许可证而不需要酒类许可证。

XRP Price Analysis

XRP 价格分析

As of the time of writing, XRP trades at $0.52 per token, a decline of 2.76% in the past 24 hours. The SEC's recent filing may create additional selling pressure on Ripple's holdings and other investors.

截至撰写本文时，XRP 的交易价格为每枚 0.52 美元，在过去 24 小时内下跌了 2.76%。美国证券交易委员会最近的文件可能会给 Ripple 的持股和其他投资者带来额外的抛售压力。

Implications for XRP Investors

对 XRP 投资者的影响

XRP investors and Ripple supporters eagerly anticipated the announced stablecoin. However, the recent legal developments may delay or jeopardize these plans. The ongoing legal battle between the SEC and Ripple has significantly impacted the token's price performance, and investors are advised to exercise caution amid continued regulatory scrutiny.

XRP 投资者和 Ripple 支持者热切期待所宣布的稳定币。然而，最近的法律发展可能会推迟或危及这些计划。美国证券交易委员会和 Ripple 之间正在进行的法律斗争严重影响了该代币的价格表现，建议投资者在持续的监管审查中保持谨慎。

Conclusion

结论

The SEC's response to Ripple's stablecoin proposal raises concerns about the company's ongoing involvement in unregulated activities. The regulator's request for a permanent injunction and substantial fines highlights the importance of regulatory compliance in the digital asset industry. XRP investors and Ripple supporters should closely monitor the ongoing legal proceedings and adjust their investment strategies accordingly.

美国证券交易委员会对 Ripple 稳定币提案的回应引发了对该公司持续参与不受监管活动的担忧。监管机构要求永久禁令和巨额罚款凸显了数字资产行业监管合规的重要性。 XRP 投资者和 Ripple 支持者应密切关注正在进行的法律诉讼，并相应调整其投资策略。