美國證券交易委員會主席提出擔憂：加密貨幣公司是否違反揭露規則？

美國證券交易委員會主席加里詹斯勒 (Gary Gensler) 對加密貨幣公司規避揭露規則表示擔憂。他在一次會議上發表演說時強調了有效市場透明度對於有效引導資本和培養信任的重要性。 Gensler 聲稱，加密貨幣行業的一些參與者逃避揭露要求，阻礙了透明度並可能影響市場誠信。他主張強制揭露，以確保在不斷發展的加密貨幣環境中市場透明度和投資者保護。

Do Crypto Firms Really Skirt Disclosure Rules?

加密貨幣公司真的違反揭露規則嗎？

SEC Chair Gary Gensler recently addressed the Columbia Law School Conference, emphasizing the importance of mandatory disclosure requirements for companies. He argues that these requirements:

美國證券交易委員會 (SEC) 主席加里·詹斯勒 (Gary Gensler) 最近在哥倫比亞法學院會議上發表講話，強調強制揭露要求對公司的重要性。他認為這些要求：

• Promote efficient markets by providing more information for better price discovery.
• Direct capital to its most productive use by providing valuable signals.
• Foster trust in markets and companies seeking public funding.

Are Crypto Firms Avoiding Disclosure?

透過提供更多資訊以更好地發現價格，促進有效市場。透過提供有價值的訊號，將資本引導至最有生產力的用途。培養對市場和尋求公共資金的公司的信任。加密貨幣公司是否避免披露？

Gensler alleges that some players in the "crypto securities markets" evade public offering registration requirements. This, he says, means no mandatory disclosure. He believes the crypto markets could benefit from some transparency.

Gensler 聲稱，「加密證券市場」的一些參與者逃避公開發行註冊要求。他說，這意味著沒有強制披露。他認為加密貨幣市場可以從一定程度的透明度中受益。

Ethereum's Status Unclear

以太坊的現狀尚不清楚

Earlier this month, Gensler declined to clarify whether Ethereum (ETH) is a security or a commodity. He cited ongoing filings but stated that the determination depends on whether the investing public expects profits based on the efforts of others.

本月早些時候，Gensler 拒絕澄清以太坊（ETH）是一種證券還是一種商品。他引用了正在進行的文件，但表示這項決定取決於投資公眾是否期望基於其他人的努力獲得利潤。

Additional Perspectives

額外的觀點

The SEC's stance on crypto disclosure has been met with mixed reactions. Some argue that it's essential for investor protection, while others see it as overreach that stifles innovation.

美國證券交易委員會對加密貨幣揭露的立場引起了不同的反應。有些人認為這對保護投資者至關重要，而有些人則認為這是扼殺創新的過度行為。

Regulatory Clarity Needed

監管需要明確

The crypto industry is seeking clarity on the SEC's stance on digital assets. Clear guidelines are necessary to foster responsible growth and protect investors.

加密產業正在尋求明確 SEC 對數位資產的立場。明確的指導方針對促進負責任的成長和保護投資者是必要的。

Balancing Innovation and Investor Protection

平衡創新與投資人保護

Striking a balance between promoting innovation and safeguarding investors is crucial. The SEC must carefully consider the potential impact of its actions on both fronts.

在促進創新和保護投資者之間取得平衡至關重要。 SEC 必須仔細考慮其行動在這兩方面的潛在影響。

Potential Implications for Crypto Firms

對加密貨幣公司的潛在影響

Crypto firms that fail to comply with disclosure requirements may face enforcement actions. They should assess their compliance status and take steps to ensure they meet the necessary standards.

不遵守揭露要求的加密貨幣公司可能會面臨執法行動。他們應評估其合規狀況並採取措施確保符合必要的標準。

Conclusion

結論

The SEC's focus on crypto disclosure highlights the importance of transparency and investor protection in the digital asset industry. As the crypto market continues to evolve, regulatory clarity and a balanced approach will be essential to its long-term success.

美國證券交易委員會對加密貨幣揭露的關注凸顯了數位資產產業透明度和投資者保護的重要性。隨著加密貨幣市場的不斷發展，監管的清晰度和平衡的方法對其長期成功至關重要。