Stablecoin Bill通过了重要的程序投票，最终

他必须提醒对加密货币友好的民主党人，并忽略了讨厌加密的马萨诸塞州参议员伊丽莎白·沃伦（Elizabeth Warren）对立法的政治化

A bill setting up a legal framework for stablecoins and other digital assets passed a key procedural vote Monday night, setting the stage for a final vote on the legislation this week.

一项法案为Stablecoins和其他数字资产建立了法律框架，周一晚上通过了一项关键的程序投票，为本周的立法进行了最终投票。

The Senate voted 66-34 to proceed to the bill, setting up debate on the measure. The legislation, known as the GENIUS Act, will now be brought to the floor for a final vote, probably later this week.

参议院以66-34投票通过了该法案，对该措施进行了辩论。该立法被称为《天才法》，现在将被带到地板上进行最后的投票，可能是本周晚些时候。

The bill, sponsored by Tennessee GOP Sen. Bill Hagerty, had been stalled in the Senate for months due to opposition from crypto-hating Massachusetts Sen. Elizabeth Warren and other Democrats.

田纳西州共和党参议员比尔·哈格蒂（Bill Hagerty）赞助的该法案在参议院停滞了几个月，这是由于令人讨厌的马萨诸塞州参议员伊丽莎白·沃伦（Elizabeth Warren）和其他民主党人的反对。

But after a last-minute push by the Trump administration, which has been keen to get crypto legislation passed, the Senate finally agreed to move forward with the measure.

但是，在特朗普政府渴望通过加密立法的最后一刻，参议院终于同意采取措施前进。

The bill is a modified version of bipartisan legislation that passed the House last year but ultimately stalled in the Senate. It sets up clear rules for the creation of stablecoins, popular digital assets that are backed up by real assets like US Treasuries, as opposed to the hot air of most crypto.

该法案是两党立法的修改版本，该法案去年通过了众议院，但最终陷入了参议院。它为创建Stablecoins的明确规则，这是由像美国国库（US Tealeans）这样的真实资产提供支持的流行数字资产，而不是大多数加密货币的热空气。

The bill also includes provisions for better disclosures of the hard assets, better ways to transact the stablecoins and rules for keeping them in reserve, which according to sources will be more efficient because it prevents the big banks from profiting off of one of the traditional banking system’s anachronisms. They won’t be able to profit from the “float” because transactions can take place seamlessly, one of the benefits of digital coins and its underlying blockchain technology.

该法案还包括更好地披露硬资产的规定，交易稳定币的更好方法以及使其保持储备的规则，根据消息来源，这将更加有效，因为它可以防止大银行从传统银行系统的一种过于不合时宜的情况下获利。他们将无法从“浮动”中获利，因为交易可以无缝进行，这是数字硬币及其基础区块链技术的好处之一。

Hagerty has emerged as crypto’s most effective and much-needed spokesman on Capitol Hill. Sources in the digital coin business say he first fought skepticism in his own party — Sens. Rand Paul and Josh Hawley were no votes — and managed to twist enough arms to get the bill to a vote before the Senate turned to passage of President Trump’s “big, beautiful budget” early Thursday morning.

哈格蒂（Hagerty）已成为加密货币（Crypto）在国会山（Capitol Hill）上最有效，最需要的发言人。数字硬币业务中的消息人士说，他首先在自己的政党中与怀疑主义 - 兰德·保罗（Rand Paul）和乔什·霍利（Josh Hawley）没有选票 - 并设法扭曲了足够的武器，以在参议院转向周四清晨的特朗普总统“大而美丽的预算”之前，将法案投票。

He also battled Elizabeth Warren. When the procedural vote on the Genius Act came late Monday, Warren began telling her Democratic colleagues that passage of the bill is part of a Trumpian crypto grift since the president and his wife have meme coins. The Massachusetts senator went on to tout Hunter Biden and the president’s son's "swampy" dealings in a bid to get her colleagues to vote against the measure.

他还与伊丽莎白·沃伦（Elizabeth Warren）作战。当周一晚些时候对《天才法》的程序投票时，沃伦开始告诉她的民主党同事，该法案通过是特朗普加密货币的一部分，因为总统和他的妻子有模因硬币。马萨诸塞州参议员继续吹捧猎人拜登和总统儿子的“沼泽”交易，以使她的同事投票反对这一措施。

The numbers soon went sideways; Hagerty worried he didn’t have the minimum 60 mandatory votes to pass the measure given Senate filibuster rules.

数字很​​快就侧面了。哈格蒂（Hagerty）担心，他没有至少60票的强制性投票来通过参议院的法规。

“It will be either 59 votes or 70,” one nervous Hagerty aide predicted.

一位紧张的Hagerty助手预测：“这将是59票或70票。”

In the end, he got 36 Republican senators plus 30 Democratic senators, with only Paul, GOP Senator Jerry Moran and GOP Senator Tim Scott absent from the vote.

最后，他获得了36名共和党参议员加30名民主党参议员，只有保罗，共和党参议员杰里·莫兰（Jerry Moran）和共和党参议员蒂姆·斯科特（Tim Scott）缺席。

His winning argument: Stablecoins aren'operability meme coins. The legislation has little to do with Trump’s crypto side hustle. It’s just good law.

他的获胜论点：Stablecoins Aren'Aren'ablesabilable Meme Coins。该立法与特朗普的加密货币方面的喧嚣无关。这只是好法律。

Now some bad news. Trump’s crypto business isn’t the scandal of the century that Warren & Co. tried to make it. Unlike Hunter Biden’s swampy overseas dealings, talk of payments to the “big guy,” it’s totally disclosed for the public to debate.

现在一些坏消息。特朗普的加密业务不是沃伦公司试图实现这一目标的世纪丑闻。与亨特·拜登（Hunter Biden）的海外交易，谈论向“大个子”的付款的谈论，公众完全披露了辩论。

And yet, you can make the case that it looks bad. It’s still an optics problem for the GOP that can be exploited when the senate tries to pass other more important crypto bills. Amendments about Trump’s business dealings could bogged down full passage of the legislation. It’s the likely reason for some of the GOP holdouts.

但是，您可以证明它看起来不好。对于共和党来说，这仍然是一个光学问题，当参议院试图通过其他更重要的加密票据时，可以利用它。关于特朗普的商业交易的修正案可能会陷入立法的全部通过。这是某些共和党保留的可能原因。

The problem is obvious: The president appoints the people heading crypto regulation, the heads of the Securities and Exchange Commission and the Commodity Futures Trading Commission. Trump is literally de-regulating an industry he’s profiting from. This appearance problem could be a sticking point when Congress takes its next legislative step, a rewrite of securities laws to better serve digital coins.

问题很明显：总统任命了领导加密法规的人民，证券交易委员会和商品期货贸易委员会的负责人。特朗普实际上是在使他从中获利的行业取消监管。当国会采取下一个立法步骤时，这个外观问题可能是一个令人难以置信的点，这是对证券法的重写，以更好地为数字硬币服务。

Plus, some in the crypto industry weren’t happy with the makeup of the administration’s crypto council, which was charged with mainstreaming the industry and getting legislation that does just that.

另外，加密货币行业的一些人对政府加密委员会的构成不满意，该委员会被控以将行业主流化并获得实现这一目标的立法。

Led by venture capitalist David Sacks and a former congressional candidate Bo Hines, the council had “no juice” on Capitol Hill, as I reported last week, when Hagerty needed to twist arms just to bring the bill to a vote. When the vote came, Hagerty was alone again.

正如我上周报道的那样，在风险资本家戴维·萨克斯（David Sacks）和前国会候选人博·海因斯（Bo Hines）的带领下，该委员会在国会山（Capitol Hill）上有“无果汁”，当时我上周报道，当哈格蒂（Hagerty）需要扭动武器以使该法案投票。当投票来临时，哈格蒂又一个人呆了。

The White House is pushing back on this interpretation of council’s work; it assembled some formidable counter arguments from industry sources including Cody Carbone, the CEO of the Digital Chamber of Commerce, a leading crypto advocacy group who said in a statement: “The White House Crypto Council has played a pivotal role in advancing digital asset policy in the United States since Inauguration Day. Thanks to Bo and David’s leadership and coordination, we’re on the brink of real, meaningful legislative action for the first time.”

白宫正在推迟对理事会工作的这种解释。它汇集了一些来自行业来源的强烈反对，包括Cody Carbone，Cody Carbone是数字商会的首席执行官。