SEC專員Hester Peirce制定了一個大膽的七點計劃，敦促國會削減繁文tape節

美國證券交易委員會（SEC）專員Hester M. Peirce呼籲國會簡化加密貨幣監督並減少監管混亂

The cryptocurrency industry faces a critical juncture as institutions grapple with integrating new technologies into existing legal frameworks.

當機構努力將新技術集成到現有法律框架中時，加密貨幣行業面臨著關鍵的關鍵。

At the Digital Chamber’s 8th Annual DC Blockchain Summit in Washington D.C. on March 26, U.S. Securities and Exchange Commission (SEC) Commissioner Hester M. Peirce urged Congress to streamline cryptocurrency oversight and reduce regulatory confusion.

在3月26日，美國證券交易委員會（SEC）專員Hester M. Peirce敦促國會敦促國會簡化加密貨幣監督並減少監管混亂，在3月26日在華盛頓特區舉行的數字商會舉行的第八屆年度DC區塊鏈峰會上。

Currently spearheading the Crypto Task Force at the SEC—an initiative launched earlier this year to navigate clearer regulatory pathways for the cryptocurrency industry—Peirce highlighted the pressing need for synergy in cryptocurrency regulation.

目前，率先在SEC上率領加密貨幣工作隊，這是一項計劃於今年早些時候發起的，旨在駕駛加密貨幣行業的更清晰的監管途徑，這強調了對加密貨幣調節中對協同作用的緊迫需求。

Highlighting the complexities of multi-agency rulemaking, Commissioner Peirce noted the broad mandates assigned to a diverse set of regulators in cryptocurrency. From the SEC and Commodity Futures Trading Commission (CFTC) to the Financial Crimes Enforcement Network (FinCEN) and state-level bodies, each regulator plays a role in overseeing various aspects of the cryptocurrency market.

Peirce專員強調了多機構規則制定的複雜性，指出了分配給加密貨幣中各種監管機構的廣泛任務。從SEC和商品期貨貿易委員會（CFTC）到金融犯罪執法網絡（FINCEN）和州級機構，每個監管機構在監督加密貨幣市場的各個方面都起著作用。

However, she pointed out the inefficiencies inherent in this structure. Overlap in regulatory scope across different agencies leads to increased costs for both market participants who must comply with multiple sets of rules and regulators who must coordinate their efforts to avoid duplication.

但是，她指出了這種結構固有的效率低下。在不同機構之間的監管範圍重疊會導致兩位市場參與者的成本增加，他們必須遵守多個規則和監管機構，他們必須協調努力以避免重複。

Further addressing the difficulties in legislating new technologies, Commissioner Peirce observed that the nature of crypto assets adds another layer of complexity. She explained:

Peirce專員進一步解決了立法新技術的困難，觀察到加密資產的性質增加了另一層複雜性。她解釋說：

The overlap is likely only to get worse because crypto assets can represent anything from cash, to a financial instrument, like a security or a futures contract, to a work of precious art.

重疊可能只會變得更糟，因為加密資產可以代表從現金到金融工具（例如安全或期貨合約）再到寶貴藝術品的任何東西。

To mitigate these challenges and foster a more efficient regulatory landscape, Commissioner Peirce presented seven key recommendations to Congress for streamlining cryptocurrency oversight.

為了減輕這些挑戰並培養更有效的監管景觀，專員皮爾斯（Peirce）向國會提出了七個關鍵建議，以簡化加密貨幣監督。

1. Don’t Create a New Agency; Empower Existing Ones

1。不要創建新代理；賦予現有的權力

Instead of establishing a new agency to oversee cryptocurrencies, which would likely create additional layers of bureaucracy and slow down the process, Congress should consider empowering existing regulators to take on broader roles in specific areas of crypto regulation. This approach would leverage the experience and expertise of institutions like the SEC, CFTC, and state securities regulators to oversee various aspects of the crypto market in a more focused manner.

國會應該考慮授權現有監管機構在特定的加密監管領域中扮演更廣泛的角色，而不是建立一個新機構來監督加密貨幣，這可能會創造額外的官僚主義層次。這種方法將利用SEC，CFTC和國家證券監管機構等機構的經驗和專業知識，以更加集中的方式監督加密貨幣市場的各個方面。

2. Limit the Scope of New Statutes

2。限制新法規的範圍

In an effort to avoid overregulation and ensure agility in the fast-moving crypto sector, Congress should keep the scope of new statutes as narrow as possible. For instance, when assigning regulatory authority, the goal should be to limit the scope of new legislation to U.S.-based or U.S.-targeted platforms. This would streamline the regulatory process and prevent it from becoming bogged down in minute details.

為了避免過度調節並確保快速移動的加密貨幣行業的敏捷性，國會應保持新法規的範圍。例如，在分配監管機構時，目標應該是將新立法的範圍限制為基於美國或靶向的平台。這將簡化監管過程，並防止其在細節上陷入困境。

3. Provide for Federal Preemption in Areas of Interstate Commerce

3。在州際貿易領域提供聯邦先發製人

To mitigate conflicts between state and federal laws and create a more seamless regulatory environment for crypto platforms operating across state lines, Congress could consider providing for federal preemption in areas of interstate commerce. This would streamline compliance burdens on crypto firms and foster greater cooperation between state and federal regulators.

為了減輕州和聯邦法律之間的衝突，並為跨州行動的加密平台創造了更無縫的監管環境，國會可以考慮在州際貿易領域提供聯邦搶先。這將簡化加密企業的合規性負擔，並促進州和聯邦監管機構之間的更大合作。

4. Assign Oversight of Specific Crypto Asset Types to Particular Federal Agencies

4.將特定加密資產類型的監督分配給特定的聯邦機構

In an effort to optimize the regulatory framework, Congress could assign oversight of specific types of crypto assets to particular federal agencies. For instance, those crypto assets that meet the definition of securities could fall under the purview of the SEC, which already has experience in regulating such instruments. Similarly, crypto assets used in commodity futures contracts could be assigned to the CFTC, and those implicating money laundering concerns could be placed under the supervision of FinCEN. This specialized assignment would allow each agency to leverage its existing expertise and experience to regulate specific crypto asset types effectively.

為了優化監管框架，國會可以將特定類型的加密資產分配給特定的聯邦機構。例如，那些符合證券定義的加密資產可能屬於SEC的權限，SEC已經具有調節此類工具的經驗。同樣，商品期貨合約中使用的加密資產可以分配給CFTC，那些暗示洗錢問題的人可以在Fincen的監督下放置。這項專業任務將使每個機構能夠利用其現有的專業知識和經驗來有效地調節特定的加密資產類型。

5. Provide Legal Clarity for Trading Various Crypto Assets on Platforms Overseen by Either the SEC or CFTC

5。在SEC或CFTC監督的平台上交易各種加密資產，提供法律清晰度

To create a clear and comprehensive regulatory framework for crypto trading platforms, Congress could consider an amendment to Section 15 of the Securities Exchange Act of 1934. This amendment would authorize the SEC to register any trading platform that is capable of executing trades but does not hold customer assets. In contrast, the CFTC would oversee platforms that combine both trading and custody functions.

為了為加密貨幣交易平台創建明確而全面的監管框架，國會可以考慮對1934年《證券交易法》第15條的修正案。該修正案將授權SEC註冊任何能夠執行交易但不持有客戶資產的交易平台。相比之下，CFTC將監督結合交易和監護功能的平台。

Moreover, to ensure the efficient integration of new technologies into the financial system, Congress could authorize the SEC to register any trading venue that operates more like an Alternative Trading System (ATS) in accordance with Section 11A of the Securities Exchange Act. This would create a flexible and adaptable framework for registering new types of trading venues.

此外，為了確保將新技術有效整合到金融體系中，國會可以根據《證券交易所法》第11A條的規定，授權SEC註冊任何更像替代交易系統（ATS）的交易場所。這將創建一個靈活且適應性的框架，用於註冊新類型的交易場所。

6. Apply the Established Principles of Regulatory Law from Traditional Financial Markets to Crypto

6.應用傳統金融市場的監管法原則到加密貨幣

In an effort to streamline the regulatory landscape and avoid placing an undue burden on crypto firms, Congress should consider applying the established principles of regulatory law from traditional financial markets to crypto. This would involve striking a balance between administrative efficiency and the need for robust oversight.

為了簡化監管格局並避免給加密貨幣公司施加不適當的負擔，國會應考慮將傳統金融市場的既定監管法原則運送到加密貨幣。這將涉及在行政效率和對強大監督的需求之間取得平衡。

For instance, in cases where a new crypto regulation overlaps with an existing statute but does not add anything new, the existing statute should take precedence to avoid redundancy and administrative burdens. Additionally, in cases of "unfunded mandates," which impose new obligations on private parties without providing the necessary funding, Congress should ensure that the assigned regulator has the capacity to carry out the assigned tasks.

例如，如果新的加密法規與現有法規重疊但沒有添加新的任何新法規，則現有法規應優先考慮冗餘和行政負擔。此外，在“無資金授權”的情況下，該命令在不提供必要資金的情況下對私人各方施加了新的義務，國會應確保指定的監管機構有能力執行指定的任務。

7. Protect the Right of Americans to Peer-

7.保護美國人有權同行的權利 -