加密市場監管清晰度被認為是數字資產行業增長的最佳催化劑

受訪者中有86％的人說，他們有數字資產的暴露或計劃在2025年進行分配，而84％的人表示，他們對加密貨幣的分配增加了

A new survey by crypto exchange Coinbase (COIN) and consulting firm EY-Parthenon (EYP) has identified regulatory clarity as the main catalyst for growth in the digital asset industry.

Crypto Exchange Coinbase（Coin）和諮詢公司Ey-Parthenon（EYP）的一項新調查已將監管清晰度確定為數字資產行業增長的主要催化劑。

The report, released on Thursday, is based on a survey of 352 institutional investors in the U.S., Europe and Asia-Pacific. The interview period was January 13 to 24.

該報告於週四發布，基於對美國，歐洲和亞太地區352個機構投資者的調查。面試期是1月13日至24日。

Among those surveyed, 86% said they had exposure to digital assets or planned to make allocations by 2025. A vast majority, 84%, said they had increased allocations to crypto and crypto-related products in 2024.

在接受調查的人中，有86％的人表示，他們已經接觸了數字資產或計劃到2025年進行分配。絕大多數，84％，他們在2024年對加密貨幣和與加密相關的產品的分配增加了。

Of those surveyed, 59% planned to allocate more than 5% of their assets under management to cryptocurrencies in 2025. Among hedge funds, that figure rose to 79%.

在接受調查的人中，有59％的人計劃在2025年分配超過5％的資產為加密貨幣。在對沖基金中，這一數字上升到79％。

An improving regulatory backdrop is viewed as a large tailwind for the digital asset industry, according to the report.

該報告稱，改進的監管背景被視為數字資產行業的巨大逆風。

The President has promised to make the U.S. the “crypto capital of the world,” and his administration has been working on creating clear regulatory frameworks for the industry.

總統已承諾將美國成為“世界的加密之都”，他的政府一直在努力為行業創建明確的監管框架。

“We are focused on making sure that the United States remains the leading financial technology center of the world and that we don’t cede that to another country,” Trump said at the White House last month.

特朗普上個月在白宮說：“我們專注於確保美國仍然是世界領先的金融技術中心，並且我們不會將其歸結為另一個國家。”

The administration has also been working on reducing the tax burden on crypto investors.

政府還一直致力於減輕加密投資者的稅收負擔。

In April, the administration proposed a rate of 15% on cryptocurrency gains realized by individuals and trusts, in a departure from capital gains tax rates that vary based on an investor’s income level and how long they hold an investment.

4月，政府提出，個人和信託的加密貨幣收益的利率為15％，這是由於資本利得稅率而偏離的，這些稅率根據投資者的收入水平以及他們持有投資的時間而有所不同。

The move came after members of Congress had pushed for a lower tax rate on crypto to encourage investment in the nascent technology.

此舉是在國會議員推動對加密貨幣的稅率較低的稅率來鼓勵對新生技術進行投資的情況之後進行的。

The administration’s proposal is part of a broader effort to adjust the tax code and raise revenue to reduce the federal deficit.

政府的提議是調整稅法並提高收入以減少聯邦赤字的更廣泛努力的一部分。

Congress will ultimately decide on the tax rate for cryptocurrency gains.

國會最終將決定加密貨幣收益的稅率。

Altcoins are also becoming increasingly popular amongst institutional investors, according to the survey. 73% of respondents said they held tokens other than bitcoin (BTC) and ether (ETH), led by hedge funds at 80%.

調查顯示，在機構投資者中，山寨幣也越來越受歡迎。 73％的受訪者表示，除了對沖基金為80％以外，他們持有以外的標記（BTC）和Ether（ETH）。

Among the altcoins that investors are interested in include tokens used in decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and metaverse projects.

在投資者感興趣的Altcoins中，包括用於分散融資（DEFI）協議，無牙代幣（NFTS）和Metaverse項目的代幣。

Coinbase and EYP also found that about half of the institutional investors surveyed said they leverage stablecoins, with yield generation, transactions, and foreign exchange cited as the main use cases.

Coinbase和EYP還發現，受調查的機構投資者中，大約一半的投資者表示，他們利用了穩定的穩定者，其中產量產生，交易和外匯被認為是主要用例。

Among institutional investors in Europe, 60% said they preferred to gain exposure to crypto via registered vehicles such as exchange-traded products (ETPs). In the U.S., 54% of respondents said they planned to use mutual funds, while 44% said they planned to invest via a private credit fund.

在歐洲的機構投資者中，有60％的人表示，他們寧願通過註冊車輛（例如交易所交易產品（ETP））獲得加密貨幣的接觸。在美國，有54％的受訪者表示他們計劃使用共同基金，而44％的受訪者表示，他們計劃通過私人信貸基金進行投資。