Super-Apps，Self-Custody和SEC的新剧本：NYC的观点

SEC对加密货币的不断发展的立场，专注于超级应用程序，自我顾客和加密项目，旨在在保护投资者的同时使法规现代化和促进创新现代化。

Super-Apps, Self-Custody, and the SEC's New Playbook: A NYC Perspective

Super-Apps，Self-Custody和SEC的新剧本：NYC的观点

The crypto landscape is shifting, and the SEC is rewriting its rules. Forget the image of the SEC as just a crypto cop. They're trying something new with 'Super-Apps, Self-Custody, SEC playbook', aiming to modernize securities laws for the blockchain age. This isn't just about enforcement; it's about fostering innovation right here in the U.S.

加密景观正在转移，SEC正在重写其规则。忘记SEC的形象只是一个加密警察。他们正在尝试使用“超级应用，自我顾客，SEC剧本”的新事物，旨在使区块链时代的证券法现代化。这不只是执法；这是关于在美国促进创新

Project Crypto: A New Sheriff in Town

加密项目：镇上的新警长

SEC Chairman Paul Atkins' 'Project Crypto' is a game-changer. The key idea? Most crypto assets aren't securities, and the rules need to reflect that. Atkins wants to provide clear guidelines, moving away from applying outdated laws to blockchain tech. It's about creating a framework where innovation can thrive without getting bogged down in regulatory confusion.

SEC主席Paul Atkins的“ Project Crypto”是一个改变游戏规则的人。关键主意？大多数加密资产不是证券，规则需要反映这一点。阿特金斯（Atkins）希望提供明确的指导方针，而不是将过时的法律应用于区块链技术。这是关于创建一个框架，在该框架中，创新可以蓬勃发展而不会陷入监管混乱中。

The Pillars of Progress: Clarity, Custody, and Super-Apps

进步的支柱：清晰，监护权和超级应用

So, what does this new playbook look like? Three things stand out:

那么，这本新剧本是什么样的？三件事脱颖而出：

• Clarity on Classifications: No more guessing games about what's a security and what isn't. Project Crypto aims to create clear rules, including potential safe harbors for early-stage tokens.
• Custody that Makes Sense: Self-custody is being recognized as an American value. The SEC wants to protect the right to hold your own digital assets, while also updating custody rules for institutions offering crypto services.
• Super-Apps Instead of Silos: The vision is to allow platforms that offer multiple services under one roof, from staking to trading, with regulators coordinating across agencies.

Super-Apps: The One-Stop Crypto Shop

超级应用：一站式加密货币

Super-apps could be the key to making crypto more accessible. Imagine a single platform where you can buy and sell crypto, trade traditional securities, stake your assets, and access lending products. Companies like Coinbase and Robinhood are already positioning themselves to capitalize on this trend. Coinbase's Base App, for example, is evolving into a self-custody wallet that connects to DeFi applications, making them easier to use.

超级应用可能是使加密货币更容易访问的关键。想象一下一个平台，您可以在其中买卖加密货币，交易传统证券，利用您的资产和访问贷款产品。 Coinbase和Robinhood等公司已经定位自己以利用这一趋势。例如，Coinbase的基本应用程序正在演变成一个自定义钱包，该钱包连接到Defi应用程序，使其易于使用。

Self-Custody: Taking Control of Your Assets

自我顾客：控制您的资产

The emphasis on self-custody is crucial. It empowers individuals to control their digital assets directly. As analyst Ali Martinez pointed out, the recent outflow of Ethena (ENA) tokens from exchanges suggests a move towards self-custody or staking, reducing sell pressure and signaling long-term value recognition. This trend is supported by increased whale activity, with large holders accumulating more tokens.

对自我顾客的强调至关重要。它使个人能够直接控制其数字资产。正如分析师阿里·马丁内斯（Ali Martinez）所指出的那样，埃塞纳（Ethena）令牌（ENA）的最新流出表明，朝着自我顾客或静止状态进行了迈进，减轻了卖出压力和信号的长期价值识别。鲸鱼活动的增加支持了这一趋势，大持有人积累了更多的令牌。

The SEC Playbook: Ripple's Case and Future Sales

SEC剧本：Ripple的情况和未来销售

The SEC's approach is also evident in how Ripple can sell XRP. They aren't banned, but they must follow stricter rules. As Vincent van Code explained, Ripple can sell to institutions if they register the sale with the SEC or use a legal exemption. This means following specific steps to limit who can buy, control where the sale happens, and restrict reselling. It's about playing by the book.

SEC的方法在Ripple如何出售XRP方面也很明显。他们没有被禁止，但必须遵循更严格的规则。正如Vincent Van Code所解释的那样，如果Ripple在SEC登记出售或使用法律豁免，则可以向机构出售。这意味着遵循特定的步骤，以限制谁可以购买，控制销售的发生地点并限制转售。这是关于播放书的。

A Word of Caution: Risks and Regulations

注意：风险和法规

While these developments are exciting, it's essential to be aware of the risks. More relaxed regulations could lead to increased fraud and theft. Super-apps also raise concerns about data protection. Investors need to do their homework on platforms and assets, paying close attention to custody and fraud protection rules.

尽管这些发展令人兴奋，但必须意识到风险。更轻松的法规可能导致欺诈和盗窃。超级应用也引起了人们对数据保护的担忧。投资者需要在平台和资产上做作业，密切关注监护权和欺诈保护规则。

Final Thoughts: Navigating the Crypto Evolution

最终想法：导航加密进化

The crypto market is constantly evolving, and the SEC's new approach reflects this. By fostering innovation, protecting self-custody, and providing clear guidelines, Project Crypto could unlock the full potential of digital assets. Of course, the SEC needs to ensure consumer protections aren't left in the dust. Still, it's a pretty wild time for digital assets!

加密市场正在不断发展，SEC的新方法反映了这一点。通过促进创新，保护自我顾客并提供明确的指导方针，Project Crypto可以释放数字资产的全部潜力。当然，SEC需要确保消费者的保护不会留在灰尘中。尽管如此，对于数字资产来说，这是一个非常疯狂的时期！