预计美国参议院将在美国东部时间下午8点为指导和建立国家创新（GENIUS）法案（GENIUS）投票。

《天才法》试图建立一个联邦监管框架，以付款稳定的稳定框架，但由于立法者之间的分歧，最近几周在最近几周都面临障碍。

The US Senate is expected to vote on the bipartisan GENIUS Act today at approximately 8 P.M. EDT. However, it remains unclear whether the bill will pass or continue to face delays.

预计美国参议院将在美国东部时间大约下午8点对《两党天才法》上投票。但是，尚不清楚该法案是否会通过还是继续面临延误。

The GENIUS Act, which stands for Guiding and Establishing National Innovation for US Stablecoins, aims to establish a federal regulatory framework for payment stablecoins. The bill has faced several setbacks in recent weeks due to a divide among lawmakers.

《天才法》代表指导和建立为美国稳定的国家创新，旨在为付款稳定的联邦监管框架建立联邦监管框架。由于立法者之间的分歧，该法案在最近几周遭受了几次挫折。

This debate comes just over a week after a failed procedural vote, in which all 49 Democratic senators blocked a motion to invoke cloture on the bill’s consideration, effectively halting its initial path to the floor.

这场辩论发生在程序投票失败之后的一周多了，其中所有49名民主党参议员都封锁了一项动议，以该法案的考虑，有效地停止了其最初的地板道路。

In the subsequent days, reports of a bipartisan effort to re-adapt the bill for another vote emerged, leading to changes in the proposal that were initially rejected by Democrats.

在接下来的日子里，有两党努力重新适应该法案进行另一次投票的报道，导致提案最初被民主党人拒绝的变化。

Democrats have expressed concerns about the bill’s implications for consumer protection, national security, and the potential for corruption, which they believe could arise from broad exemptions for Trump family crypto projects and other political figures.

民主党人对该法案对消费者保护，国家安全和腐败潜力的影响表示关注，他们认为这可能是由于对特朗普家庭加密项目和其他政治人物的广泛豁免而产生的。

Bill supporters, including Senate Republicans, industry groups, and some moderate Democrats, have framed the GENIUS Act as a needed legislative foundation for the burgeoning stablecoin market.

法案的支持者，包括参议院共和党人，行业团体和一些温和的民主党人，已将天才构成为新兴的稳定市场所需的立法基础。

Sen. Bill Hagerty (R-TN), the bill’s sponsor, described the legislation as pro-growth and the first ever regulatory framework for payment stablecoins. He highlighted its role in strengthening the US dollar, increasing demand for Treasury assets, and keeping innovation onshore.

该法案的赞助商比尔·哈格蒂（Bill Hagerty）参议员比尔·哈格蒂（R-TN）将该立法描述为付款稳定的第一个监管框架。他强调了它在加强美元，增加对国库资产的需求并在岸上保持创新的作用。

“This bipartisan legislation will bring critical clarity and stability to the digital asset ecosystem and provide valuable new protections for American consumers and small businesses,” said Amanda Tuminelli, executive director and chief legal officer of the DeFi Education Fund. “We urge a yes vote on the GENIUS Act as it is in the best interest of the US dollar, American consumers and small businesses.”

Defi教育基金执行董事兼首席法律官Amanda Tuminelli表示：“这项两党立法将为数字资产生态系统带来关键的清晰度和稳定性，并为美国消费者和小型企业提供宝贵的新保护。” “我们敦促对《天才法案》的“是”投票，因为它符合美元，美国消费者和小型企业的最大利益。”

“This vote is a critical step to establish a regulatory framework for stablecoins that fosters responsible innovation and provides certainty for businesses and consumers,” added Ji Kim, acting CEO of the Crypto Council for Innovation. “The legislation is essential for preserving US leadership in digital finance and ensuring that the US remains the global reserve currency.”

加密创新委员会代理首席执行官Ji Kim补充说：“这项投票是为Stablecoins建立监管框架的关键步骤，该框架促进负责任的创新并为企业和消费者提供确定性。” “该立法对于维护美国在数字融资方面的领导力至关重要，并确保美国仍然是全球储备货币。”

Support for the bill has also come from advocacy organizations like Stand With Crypto, which stated that the Senate vote is a “key vote” for its 52 million American members. The group urged constituents to contact their senators and encourage them to vote yes on the GENIUS Act.

对该法案的支持也来自加密货币（Crypto）等倡导组织，该组织表示，参议院投票是其5200万美国成员的“关键投票”。该组织敦促选民与参议员联系，并鼓励他们对《天才法》投票。

“This vote will determine whether the Senate can rise above partisan bickering and provide the certainty and stability needed to keep America's financial system at the forefront of global innovation,” Stand With Crypto said in a statement.

“这次投票将决定参议院是否可以超越党派争吵，并提供使美国金融体系处于全球创新最前沿所需的确定性和稳定性，” Crypto在一份声明中说。

Justin Slaughter, VP of regulatory affairs at Paradigm and a former Democratic staffer, offered a pragmatic endorsement of the bill, noting that this is about as good as it can get for years and years.

范式监管事务的副总裁贾斯汀·斯劳特（Justin Slaughter），前民主党工作人员提供了对该法案的务实认可，并指出这与多年来一样好。

“This is close to the best we can get for years and years—and it's a good bill that addresses the regulatory void surrounding stablecoins and mirrors the approach adopted by the EU, UK and Japan,” Slaugther wrote in a post on X, formerly known as Twitter.

Slaugther在X上的一篇文章中写道：“这几年和多年来我们能获得的最好的数年，这是一项很好的法案，涉及围绕稳定的稳定的监管空隙，并反映了欧盟，英国和日本采用的方法。”

He added that while the bill isn't perfect, it provides a useful starting point for further refinements in the House.

他补充说，尽管该账单并不完美，但它为在房屋中进行进一步改进提供了有用的起点。

"This is an important vote for the future of financial technology and innovation in the United States. I urge the Senate to pass the GENIUS Act so we can continue to lead the world in the 21st century," he concluded.

他总结说：“这是美国金融技术和创新的未来的重要投票。我敦促参议院通过《天才法》，以便我们可以在21世纪继续领导世界。”

The post pointed out that the House Financial Services Committee has already begun working on legislation to create a comprehensive digital asset framework, which could be rolled out in the fall.

该帖子指出，众议院金融服务委员会已经开始制定立法，以创建一个全面的数字资产框架，这可以在秋季推出。

"We can get this done. Let’s show the world that America is still the land of opportunity and the best place to start a business and change the world," Slaugther noted.

Slaugther指出：“我们可以完成这项工作。让我们向世界展示美国仍然是机会之地，也是开展业务并改变世界的最佳地点。”

The bill’s supporters maintained that the GENIUS Act will provide a clear and consistent regulatory framework for stablecoins, reducing legal uncertainty for innovators and promoting efficient capital allocation.

该法案的支持者坚持认为，《天才法案》将为稳定币提供明确，一致的监管框架，减少创新者的法律不确定性并促进有效的资本分配。

Opponents, however, argued that the bill’s latest draft contains broad loopholes that could be exploited by Trump family crypto projects and other political figures, thereby undermining efforts to combat corruption and safeguard national security.

然而，反对者认为，该法案的最新草案包含了广泛的漏洞，特朗普家庭加密项目和其他政治人物可能会利用这些漏洞，从而破坏了打击腐败和保护国家安全的努力。

A May 19 memo by Senate Banking Committee Democratic staff highlighted concerns about the bill’s provisions, which could permit elected officials, including President Donald Trump and his family, to own or personally profit from stablecoin ventures.

参议院银行委员会民主党参谋长的5月19日备忘录强调了对该法案的规定的担忧，该规定可以允许包括唐纳德·特朗普总统及其家人在内的民选官员从Stablecoin Ventures拥有或亲自获利。

The memo claimed that the bill’s current language could allow Trump to benefit from the USD1 stablecoin, the token being issued by a project endorsed by him and his family, World Liberty Financial.

该备忘录声称，该法案目前的语言可以使特朗普从USD1 Stablecoin中受益，这是由他和他的家人World Liberty Financial所认可的项目发行的代币。

“The latest draft continues to contain broad loopholes that could be exploited by Trump family crypto projects and other political figures, thereby undermining efforts to combat corruption and safeguard national security,” the memo stated.

备忘录说：“最新草案继续包含特朗普家庭加密项目和其他政治人物可能利用的广泛漏洞，从而破坏了打击腐败和保护国家安全的努力。”

The document also mentioned that allowing the trading of stablecoins issued offshore on US-based exchanges could make it easier for criminals to move funds into the US financial system

该文件还提到，允许在基于美国的交易所发行近海的Stablecoins交易可以使罪犯更容易将资金转移到美国金融体系