唐納德·川普的加密代幣如何適應法規

其他的，就看情況了。

Former President Donald Trump will be the "chief crypto advocate" for a venture launching a crypto yield product, even as he appeals to the crypto industry in his current bid for office.

前總統唐納德·川普將成為一家推出加密收益產品的企業的“首席加密倡導者”，儘管他在當前的競選中向加密行業發出了呼籲。

The narrative: Crypto is trying to make an impact this election cycle. Now, one of the leading contenders for President of the U.S. is set to be attached to a forthcoming crypto venture.

敘述：加密貨幣正試圖在本次選舉週期中產生影響。現在，美國總統的主要競爭者之一將加入即將推出的加密貨幣企業。

Why it matters: There's one pretty interesting question: how should the former president and current Republican nominee think about securities and anti-money laundering laws as he prepares to lend his name to a crypto project?

為什麼重要：有一個非常有趣的問題：當這位前總統和現任共和黨候選人準備將自己的名字借給加密項目時，他應該如何考慮證券和反洗錢法？

Breaking it down: Former President Donald Trump will be the "chief crypto advocate" for World Liberty Financial, a project based on Dough Finance and featuring his three sons and a host of other individuals in key roles, according to scoops by my colleagues Danny Nelson, Cheyenne Ligon and Sam Kessler this week.

詳細分析：根據我的同事丹尼·尼爾森(Danny Nelson) 的獨家報道，前總統唐納德·特朗普將成為World Liberty Financial 的“首席加密貨幣倡導者”，這是一個基於Dough Finance 的項目，由他的三個兒子和許多其他個人擔任關鍵角色。

A draft white paper seen by CoinDesk suggests that World Liberty Financial will sell 30% of the WLFI tokens generated, with the remaining 70% held by founders, service providers and other team members.

CoinDesk 看到的一份白皮書草案顯示，World Liberty Financial 將出售所產生的 30% 的 WLFI 代幣，其餘 70% 由創始人、服務提供者和其他團隊成員持有。

I want to focus on this part, as it raises some interesting regulatory questions. Trump, of course, has spent the past few months trying to woo crypto voters, making promises about installing industry-friendly regulators and making the U.S. the "crypto capital of the planet" in various public remarks.

我想重點關注這一部分，因為它提出了一些有趣的監管問題。當然，川普在過去的幾個月裡一直在努力吸引加密貨幣選民，在各種公開言論中承諾建立有利於行業的監管機構並使美國成為「地球的加密貨幣之都」。

This friendly stance, at odds with his opposition to crypto when he was actually in office, may end up benefiting him personally, given the upcoming World Liberty Financial launch.

這種友好的立場與他在實際任職時對加密貨幣的反對相悖，考慮到即將推出的世界自由金融，最終可能會給他個人帶來好處。

The major caveat here is that CoinDesk has seen draft documents; the final project may differ from what CoinDesk has reported on.

這裡要注意的是，CoinDesk 已經看到了文件草案；最終項目可能與 CoinDesk 報告的有所不同。

In the document CoinDesk did view, however, one common refrain has been that a 70% allocation toward existing project developers is relatively large, compared to other crypto projects.

然而，在 CoinDesk 確實看到的文件中，一個常見的說法是，與其他加密專案相比，分配給現有專案開發人員的 70% 相對較大。

The white paper also has a non-transferability clause, seemingly to prevent resales or suggest that investors can profit off of the tokens, at least at launch.

白皮書還包含不可轉讓條款，似乎是為了防止轉售或暗示投資者可以從代幣中獲利，至少在發行時是如此。

This alone would not be enough to bypass securities laws, said Dave Rodman, the founder and managing partner at Rodman Law Group.

羅德曼法律集團創始人兼執行合夥人戴夫羅德曼表示，僅憑這一點還不足以繞過證券法。

"If all that happens is that people buy tokens that are 'locked,' nothing has been done to reduce exposure to US securities laws if Americans purchase the token," he said.

「如果發生的一切只是人們購買『鎖定』的代幣，那麼如果美國人購買代幣，就沒有採取任何措施來減少美國證券法的風險，」他說。

It's also unclear, at least so far, who exactly controls the wallets, said Alexandra Damsker, an attorney and consultant.

律師兼顧問亞歷山德拉達姆斯克 (Alexandra Damsker) 表示，至少到目前為止，還不清楚誰確切控制這些錢包。

How the 70% retained is broken down is also unclear – whether each developer and project leader will receive an equal allocation or not.

保留的 70% 是如何分配的也不清楚——每個開發商和專案負責人是否會得到平等的分配。

WLFI is a governance token. Holders with some yet-to-be-defined minimum number of tokens can propose protocol changes or other suggestions, and all holders can vote using up to 5% of the total number of token supply. While the paper suggests this will "ensure fairness and distributed participation," any aligned group that holds a majority of tokens may be able to influence these proposals.

WLFI 是一種治理代幣。持有一些尚未確定的最低代幣數量的持有者可以提出協議變更或其他建議，並且所有持有者最多可以使用代幣供應總數的 5% 進行投票。儘管該論文表明這將“確保公平性和分散式參與”，但任何持有大多數代幣的聯合團體都可能能夠影響這些提案。

The white paper also included a line about screening purchasers to comply with sanctions regulations.

白皮書還包括一行關於篩選購買者以遵守制裁規定的內容。

The project will be a key target for attackers. We've already seen this, when X (formerly Twitter) accounts tied to Lara (Eric Trump's wife) and Tiffany Trump (one of Donald Trump's daughters) were hijacked this week to shill random addresses. Eric Trump tweeted that those addresses were a scam, prompting further confusion from people who couldn't tell if this meant that World Liberty Financial itself was not real or just the addresses (to be clear: World Liberty Financial is a real project; those addresses were not part of it).

該項目將成為攻擊者的主要目標。我們已經看到了這一點，當與勞拉（埃里克·特朗普的妻子）和蒂芙尼·特朗普（唐納德·特朗普的女兒之一）相關的X（以前的Twitter）帳戶本週被劫持以發送隨機地址時。艾瑞克·川普(Eric Trump) 在推特上表示，這些地址是一個騙局，這讓人們更加困惑，他們無法判斷這是否意味著世界自由金融本身不是真實的，或者只是這些地址（需要明確的是：世界自由金融是一個真實的項目；這些地址不屬於其中）。

Stories you may have missed:

您可能錯過的故事：

This week

本星期

Wednesday

週三

Thursday

週四

Elsewhere:

別處：

If you’ve got thoughts or questions on what I should discuss next week or any other feedback you’d like to share, feel free to email me at nik@coindesk.com or find me on Twitter @nikhileshde.

如果您對我下週應該討論的內容有想法或疑問，或者您想分享任何其他反饋，請隨時發送電子郵件至 nik@coindesk.com 或透過 Twitter @nikhileshde 找到我。

You can also join the group conversation on Telegram.

您也可以加入 Telegram 上的群組對話。

See ya’ll next week!

下週見！

Disclosure

揭露

Please note that ourprivacy policy,terms of use,cookies, do not sell my personal information CoinDesk is anaward-winning strict set of editorial policies. CoinDesk was acquired Bullish, Block.one; both companies haveinterests

請注意，我們的隱私權政策、使用條款、cookie、不出售我的個人資訊 CoinDesk 是一套屢獲殊榮的嚴格編輯政策。 CoinDesk 被 Bullish、Block.one 收購；兩家公司都有利益

Nikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.

Nikhilesh De 是 CoinDesk 全球政策和監管部門的總編輯。他擁有少量的比特幣和以太幣。