SEC转移XRP状态的方法

根据福克斯新闻通讯员查尔斯·加斯帕里诺（Charles Gasparino）的说法，SEC正在使用以太坊的监管处理作为确定XRP分类的基准。

The SEC is reportedly using the regulatory status of Ethereum as a benchmark in determining whether to classify XRP as a commodity, according to FOX News correspondent Charles Gasparino.

据福克斯新闻通讯员查尔斯·加斯帕里诺（Charles Gasparino）表示，据报道，SEC正在使用以太坊的监管状况作为基准确定是否将XRP分类为商品。

This development, which follows U.S. District Judge Analisa Torres’s July 2023 ruling that XRP is not inherently a security, signals that the SEC might be softening its stance on crypto enforcement after years of legal battles.

这一发展是在美国地区法官Analisa Torres 2023年7月裁定XRP并非本质上是安全的，这表明SEC可能会在经过多年的法律战斗之后对加密执法方面的立场降低。

The agency’s classification of Ethereum, a ‘pure commodity,’ is being considered in contrast to XRP, which the SEC claims was sold in an unregistered, ongoing, and continuous manner to raise capital, forming the basis of a security.

与XRP相比，该机构对以太坊（以太坊的“纯商品”的分类，SEC索赔是以未注册，持续且连续的方式出售的，以筹集资金，形成了安全的基础。

However, Judge Torres's ruling, which also stated that the SEC's actions in handling the case were "arbitrary, capricious, and an abuse of discretion," might lead to a different outcome.

但是，托雷斯法官的裁决也指出，SEC处理此案的行动是“任意，反复无常和滥用酌处权”，可能会导致不同的结果。

This ruling, especially in contrast to the administrative law judge's ruling against the SEC in the case against Coinbase, could be pivotal for the future of crypto regulation in the U.S.

这项裁决，特别是与行政法法官针对Coinbase案的SEC的裁决相比，这对于美国加密监管的未来可能是关键的

With regulatory bodies like the SEC and the Commodity Futures Trading Commission (CFTC) increasingly involved in crypto, projects are being pushed into a legal gray zone.

随着SEC和商品期货交易委员会（CFTC）等监管机构越来越多地参与加密货币，项目正在被推入合法的灰色区域。

While the CFTC classifies cryptocurrencies like Bitcoin, Ethereum, and Litecoin as commodities, the SEC maintains that most crypto projects, including Solana, are securities. This divergence in classification has sparked confusion and legal disputes.

尽管CFTC将比特币，以太坊和莱特币等加密货币归类为商品，但SEC认为包括Solana在内的大多数加密项目都是证券。分类的这种差异引发了混乱和法律纠纷。

However, in January, during an interview with Benzinga, Bloomberg ETF analyst James Seyffart highlighted that the biggest obstacle to the approval of any XRP ETFs is regulatory clarity.

但是，在一月份，彭博ETF分析师詹姆斯·塞法特（James Seyffart）在接受本辛加（Benzinga）的采访时强调，任何XRP ETF批准的最大障碍是监管性的清晰度。

"We’re still not seeing any movement on the ETF front. I think the biggest hurdle is going to be regulatory," said Seyffart.

Seyffart说：“我们仍然没有看到ETF阵线上的任何动作。我认为最大的障碍将是监管的。”

The SEC is unlikely to approve any spot XRP ETFs until the case with Ripple is fully settled and we know for sure what the classification of XRP will be.

SEC不太可能批准任何位点XRP ETF，直到带有波纹的情况完全解决，并且我们确定XRP的分类将是什么。

If the court rules that XRP is a commodity, we could quickly see the approval of an ETF, similar to how quickly the Bitcoin ETF was approved once we finally got the green light from the SEC."

如果法院裁定XRP是一种商品，我们可以迅速看到ETF的批准，类似于比特币ETF终于从SEC获得绿灯后获得批准的速度。”

This classification disparity is also pertinent to Solana, which the SEC continues to classify as a security despite its market cap exceeding $10 billion and its price action in 2024, which saw an astronomical 5,000% price increase from 2022 lows.

这种分类差异也与Solana有关，SEC仍将其归类为安全性，尽管其市值超过100亿美元，并且在2024年的价格行动，该公司的价格从202222222年的低点提高了5,000％。

According to FOX journalist Eleanor Terrett, the SEC and Ripple are in the final stages of settlement discussions.

根据福克斯记者埃莉诺·特雷特（Eleanor Terrett）的说法，SEC和Ripple处于解决讨论的最后阶段。

Sources familiar with the matter have revealed that the new leadership at the SEC is keen to begin a new chapter in its approach to crypto enforcement.

熟悉此事的消息人士表明，SEC的新领导层渴望开始其加密执法方法的新篇章。

As part of the settlement, Ripple's legal team is negotiating adjustments to the $125 million fine imposed by Judge Torres in her July ruling.

作为和解的一部分，Ripple的法律团队正在谈判对托雷斯法官在七月裁决中施加的1.25亿美元罚款的调整。

Moreover, discussions are underway to modify the restrictions on Ripple's ability to sell XRP to institutional investors, aligning them with recent shifts in SEC policy. These restrictions, imposed by Judge Torres, are being challenged by Ripple, arguing that they are an "abuse of discretion" given the court's classification of XRP as a commodity.

此外，正在进行讨论，以修改对Ripple将XRP出售给机构投资者的能力的限制，使他们与SEC政策的最新变化保持一致。托雷斯法官施加的这些限制受到波纹的挑战，认为鉴于法院将XRP作为商品的分类，它们是“滥用酌处权”。

In other news, according to CoinGecko data, XRP’s fully diluted valuation (FDV) has officially surpassed Ethereum’s (ETHUSD) following a substantial price surge that unfolded during the course of Monday.

在其他新闻中，根据Coingecko数据，XRP的完全稀释的估值（FDV）在周一的巨额价格上涨后，正式超过了以太坊（Ethusd）的估值。

This milestone highlights two key trends:

这个里程碑凸显了两个关键趋势：

• The persistent legal battle between Ripple and the SEC is nearing its apex, potentially leading to a decisive moment for the crypto industry.

•Ripple和SEC之间的持续法律斗争正在接近其最高点，这可能导致加密行业的决定性时刻。

• The tide of institutional money is flowing into crypto at an increasing rate, especially in decentralized finance (DeFi).

•机构货币的潮流以越来越多的速度流入加密货币，尤其是在分散的金融（DEFI）中。

The final ruling by Judge Analisa Torres in July, which partially favored Ripple and ruled against the SEC, will likely be appealed by the SEC, further delaying the approval of any spot XRP ETFs.

Analisa Torres法官在7月作出的最终裁决（部分支持Ripple并对SEC裁定）可能会受到SEC的上诉，进一步延迟了任何位置XRP ETF的批准。

The judge's classification of XRP as a commodity in the relevant case might pave the way for the approval of such ETFs.

在相关案例中，法官将XRP作为商品的分类可能为批准此类ETF铺平了道路。

Earlier this year, the SEC rejected several applications for spot Bitcoin ETFs, but later approved an application from Invesco to list an exchange-traded fund (ETF) that would allow investors to bet on Bitcoin futures.

今年早些时候，美国证券交易委员会（SEC）拒绝了点比特币ETF的几项申请，但后来批准了Invesco的申请，以列出交易所交易基金（ETF），该基金将允许投资者下注比特币期货。

At the beginning of the year, the SEC's stance was that it had concerns about the applicants' applications for spot Bitcoin ETFs, expressed in a statement from an SEC spokesperson.

在今年年初，SEC的立场是，它对SEC发言人的一份声明中表达了对申请人的申请人申请。

"The SEC's concerns include, among other things, whether the applicants have fully met the requirements for approval, specifically the applicants' obligation to demonstrate that the ETF is being offered in the public interest and will not be subject to undue influence or manipulation."

“ SEC的担忧包括申请人是否已经完全满足批准要求，特别是申请人有义务证明ETF是出于公共利益而提供的，并且不会受到不当影响或操纵。”

The agency's classification of Ethereum, a ‘pure commodity,’ is being considered in contrast to XRP, which the SEC claims was sold in an unregistered, ongoing, and continuous manner to operate a common enterprise and a common scheme of a capital-raising enterprise, forming the basis of a security.

与XRP相比，该机构对以太坊的分类，“纯商品”，SEC索赔是以未注册，持续且连续的方式出售的，以经营共同的企业和一项资本投资企业的共同计划，形成了安全的基础。

However, Judge Torres's ruling, which also

但是，托雷斯法官的裁决也