更新以纠正SEC向UNISWAP发送了Wells通知，但没有提出指控。

SEC专员Hester Peirce在5月8日发表的演讲中说，美国证券交易委员会（SEC）正在考虑更改规则，以使公司更加自由地签发标记证券。

The US Securities and Exchange Commission (SEC) is mulling over changes to existing rules that could pave the way for companies to more easily issue tokenized securities, SEC Commissioner Hester Peirce has said.

SEC专员Hester Peirce表示，美国证券交易委员会（SEC）正在考虑对现有规则的变更，这可能为公司更容易签发令牌证券铺平道路。

In a speech published on Monday, May 8, Peirce said that the regulator is “considering a potential exemptive order” for firms using blockchain technology to “issue, trade, and settle securities.” This exemption would see such firms released from certain registration requirements.

皮尔斯（Peirce）在5月8日星期一发表的演讲中说，监管机构正在“考虑使用区块链技术“发行，贸易和解决证券”的公司“潜在的豁免命令”。这种豁免将使此类公司从某些注册要求中释放出来。

For instance, decentralized exchanges (DEXs) may no longer need to register “as a broker-dealer, clearing agency, or an exchange,” Peirce said. The SEC has previously sent numerous Wells notices to DEXs such as Uniswap for allegedly failing to register as securities exchanges.

例如，Peirce说，分散的交流（DEX）可能不再需要注册“作为经纪交易商，清算机构或交易所”。 SEC以前曾向诸如Uniswap之类的DEX发送了许多井通知，据称未注册为证券交易。

Firms should “not have to comply with inapt regulations, which, in many cases, were developed well before the technologies being tested existed and may be obviated by attributes of that technology,” Peirce added.

Peirce补充说，企业不必遵守INAPT法规，在许多情况下，这是在进行测试的技术之前就已经开发的，并且可以通过该技术的属性来消除。” Peirce补充说。

However, despite this exemption, companies would still be expected to comply with rules designed to prevent fraud and market manipulation, the commissioner explained. They may also need to meet certain disclosure and recordkeeping requirements.

但是，尽管有这种豁免，但仍应期望公司遵守旨在防止欺诈和市场操纵的规则。他们可能还需要满足某些披露和记录保存要求。

The SEC has dramatically pivoted its stance on cryptocurrency oversight since US President Donald Trump took office in January.

自从美国总统唐纳德·特朗普（Donald Trump）在一月份上任以来，SEC对加密货币的监督的立场非常重要。

Under the leadership of former SEC Chair Gary Gensler, the agency brought a vast majority of its cases against crypto firms for allegedly breaching securities law. In total, the SEC brought 100 cases against crypto firms during Gensler’s tenure, which ended on April 21.

在前美国证券交易委员会主席加里·贡斯勒（Gary Gensler）的领导下，该机构将其绝大多数案件针对加密货币公司提出了涉嫌违反证券法的案件。总共，SEC在Gensler的任期期间总共提出了100起针对加密货币公司的案件，该公司于4月21日结束。

However, under Trump nominee Paul Atkins, who was sworn in as chair on April 21, the agency has claimed jurisdiction over a narrower segment of cryptocurrencies.

但是，在4月21日宣誓就任主席的特朗普提名人保罗·阿特金斯（Paul Atkins）领导下，该机构声称对较狭窄的加密货币的管辖权。

In February, the SEC issued guidance stating that memecoins—if clearly identified as purely speculative assets with no intrinsic value—do not qualify as investment contracts under US law.

SEC在2月发布了指南，指出，模因（如果明确被确定为纯粹的投机资产，没有内在价值），这不符合根据美国法律的投资合同的资格。

The regulator also said in April that stablecoins—digital tokens pegged to the US dollar—similarly do not qualify as securities if they are marketed solely as a means of making payments.

监管机构还在4月表示，稳定的代币（数字令牌与美元挂钩）相似，如果仅作为付款的手段，他们就不具备作为证券的资格。