Ripple首席技术官David Schwartz批评XRP是安全的建议

大卫·施瓦茨（David Schwartz）拒绝了XRP根据国际货币基金组织（IMF）对公用事业令牌的定义作为安全性的建议。

Ripple's Chief Technology Officer, David Schwartz, has defended his stance on why XRP is not a security despite the International Monetary Fund's (IMF) definition of a utility token.

Ripple的首席技术官David Schwartz捍卫了他对为什么XRP的立场，尽管国际货币基金组织（IMF）对公用事业令牌的定义（IMF），但它不是安全。

Last week, the IMF rolled out the first update to its Balance of Payments and International Investment Manual since 2009, introducing a framework for cryptocurrencies.

上周，国际货币基金组织（IMF）自2009年以来首次更新了其付款和国际投资手册的更新，引入了加密货币框架。

While the update underscores the increasing recognition of cryptocurrencies, the IMF's categorization of these assets has sparked discussions.

尽管更新强调了对加密货币的越来越多的认识，但国际货币基金组织对这些资产的分类引发了讨论。

One such conversation regarding XRP prompted a response from Schwartz.

关于XRP的一次对话促使Schwartz的回应。

Ripple CTO Responds to IMF's Classification of Utility Tokens Like XRP

Ripple CTO响应IMF的分类，例如XRP

Ripple CTO响应IMF的分类，例如XRP

Schwartz has contested suggestions that XRP could be considered a security based on the IMF's definition of a utility token.

施瓦茨（Schwartz）提出了建议，即XRP可以根据国际货币基金组织（IMF）对公用事业令牌的定义视为安全性。

To provide context, the IMF's new Balance of Payment Manual, BPM7, classifies crypto-assets according to whether they impose a financial claim or liability on the issuer.

为了提供上下文，国际货币基金组织的新付款手册bpm7的新余额根据对发行人的财务索赔还是责任对加密资产进行了分类。

While the IMF argues that Bitcoin does not impose this liability due to the mining process, it suggests utility tokens—which the framework often refers to as altcoins—do.

尽管国际货币基金组织认为比特币并不施加由于采矿过程而施加责任，但它表明框架通常称为Altcoins，这表明了实用程序令牌。

The framework asserts that these assets are "debt securities" that offer holders future access to goods and services. This has led some to make humorous remarks about XRP being listed as a security permanently.

该框架声称这些资产是“债务证券”，可为持有人提供未来获得商品和服务的访问。这导致一些人对XRP永久列为安全性发表了幽默的评论。

However, Schwartz counters that if XRP fits this definition of a utility token, then Bitcoin and Ethereum also fall within it.

但是，施瓦茨（Schwartz）反驳说，如果XRP符合实用程序令牌的此定义，那么比特币和以太坊也属于其中。

"If XRP is a utility token [or security per IMF] because you can use it to pay future transaction fees, then so are Bitcoin and Ethereum," Schwartz stated.

Schwartz说：“如果XRP是实用程序（或根据IMF的安全性），因为您可以使用它来支付未来的交易费用，那么比特币和以太坊也是如此。”

If XRP is a utility token because you can use it to pay future transaction fees, then so are BTC and ETH.

如果XRP是实用程序代币，因为您可以使用它来支付未来的交易费用，那么BTC和ETH也是如此。

— David "JoelKatz" Schwartz (@JoelKatz) March 23, 2025

- David“ Joelkatz” Schwartz（@Joelkatz）2025年3月23日

It's worth noting that if one takes the IMF's definition of utility tokens literally, it could classify not only XRP but also other major assets like Ethereum and Solana as "debt securities."

值得注意的是，如果人们以IMF对公用事业令牌的定义从字面上看，它不仅可以对XRP进行分类，还可以将其他主要资产（如以太坊和Solana）归类为“债务证券”。

Meanwhile, the Ripple CTO maintains that, to the best of his knowledge, no major token fully meets the IMF's criteria for a security in their definition of a utility token.

同时，涟漪首席技术官坚持认为，据他所知，没有一个大型令牌完全符合IMF在定义公用事业令牌方面的安全标准。

The latest debate over XRP's classification comes as Ripple prepares to conclude the legal battle in which the classification of XRP plays a central role.

关于XRP分类的最新辩论是因为Ripple准备结论XRP分类起着核心作用的法律斗争。

In 2020, the U.S. Securities and Exchange Commission (SEC) charged the blockchain payments firm with violations of securities law concerning its sales of XRP.

2020年，美国证券交易委员会（SEC）指控区块链支付公司违反了有关其XRP销售的证券法。

In 2023, District Judge Analisa Torres ruled that Ripple's programmatic XRP sales did not constitute security offerings but held that Ripple's direct sales to institutional investors did.

2023年，地方法院法官Analisa Torres裁定Ripple的程序化XRP销售并不构成安全产品，但认为Ripple向机构投资者的直接销售提供了。