對新特朗普政府的眾多希望之一，即對加密貨幣行業的戰爭結束

對新特朗普政府的眾多希望之一，即對加密貨幣行業的戰爭結束，於2025年2月開始取得成果。

One of the many hopes for the new Trump administration, the end to the supposed war against the cryptocurrency industry, started bearing fruit in February 2025.

對新特朗普政府的眾多希望之一，即對加密貨幣行業的戰爭結束，於2025年2月開始取得成果。

Specifically, the U.S. Securities and Exchange Commission (SEC) began dropping multiple long-standing and high-profile cases against various digital assets companies.

具體而言，美國證券交易委員會（SEC）開始針對各種數字資產公司撤銷多個長期且引人注目的案件。

The first of these wins came for the world’s largest publicly traded cryptocurrency exchange, Coinbase (NASDAQ:COIN). Though the decision remains subject to Commissioner approval, it would appear that the company is confident the matter has been resolved.

這些勝利是全球最大的公共交易加密貨幣交易所Coinbase（NASDAQ：COIN）。儘管該決定仍得到專員批准的約束，但似乎該公司有信心該問題已解決。

Like most other similar entities, Coinbase was targeted on the grounds that cryptocurrencies sold on its platform were, in fact, unregistered securities.

像大多數其他類似實體一樣，Coinbase的目標是在其平台上出售的加密貨幣實際上是未註冊的證券。

Multiple other companies also announced that the SEC had closed its probes and would not be taking any further regulatory actions.

其他多家公司還宣布，SEC已關閉了調查，不會採取任何進一步的監管行動。

Since February 20, Uniswap Labs – the company behind the decentralized platform of the same name – Gemini, and cryptocurrency-friendly online brokerage Robinhood (NASDAQ:HOOD) have all seen the regulator drop its cases.

自2月20日以來，Uniswap Labs - 同名分散平台背後的公司 - Gemini和對加密貨幣友好型在線經紀（NASDAQ：HOOD）都看到了監管機構的案件。

In April, the SEC issued a Wells notice claiming that Uniswap Labs operated as an unregistered broker, operated an exchange, and sold a security.

SEC在4月發布了一份Wells通知，聲稱Uniswap Labs是無人註冊的經紀人，經營交易所並出售了保證金。

As of yesterday, that investigation has officially been closed, and the SEC is taking no further action.

截至昨天，該調查已正式關閉，而SEC不採取進一步的行動。

Additionally, OpenSea, one of the best-known non-fungible token (NFT) trading platforms, announced that the SEC is in the process of closing a probe targeting it.

此外，Opensea是最著名的非殺菌令牌（NFT）交易平台之一，宣布SEC正在關閉針對探測器的過程。

Still, amidst the deluge of dropped cases and closed investigations, one name has been notable in its absence: Ripple Labs.

儘管如此，在大量案件和封閉調查的洪水中，一個名字在缺席的情況下仍然很明顯：Ripple Labs。

Did Ripple win its legal battle against the SEC?

Ripple是否贏得了與SEC的法律鬥爭？

Ripple Labs has become exceptionally prominent due to its long-standing legal battle with the Commission over the XRP token. The case has been identified as pivotal for the entire industry, as it could set either a dangerous or a beneficial precedent for the handling of digital assets.

Ripple Labs由於與XRP代幣的委員會的長期法律鬥爭而變得異常突出。該案件已被確定為整個行業的關鍵，因為它可以為處理數字資產的處理設定危險或有益的先例。

During the fight, Ripple has experienced many ups and downs, with perhaps its biggest triumph coming when XRP became one of the few cryptocurrencies to have full legal clarity that it is not, in fact, a security.

在戰鬥中，Ripple經歷了許多跌宕起伏，當XRP成為少數幾個加密貨幣之一時，它最大的勝利也許就可以完全清楚地表明，實際上並非安全。

Though many have, in the wake of the ruling, all but proclaimed victory, the SEC continues contesting the matter with its latest appeal – filed only days before Donald Trump’s inauguration and Gary Gensler’s exit from the agency – claiming that the contracts used to sell the token are, in fact unregistered securities.

儘管在裁定之後，許多人幾乎宣布勝利，但SEC仍繼續以最新的上訴對此事提出質疑 - 僅在唐納德·特朗普就職典禮和加里·加斯勒（Gary Gensler）退出該機構的前幾天 - 聲稱用於出售代幣的合同實際上是未註冊的證券。

Both the initial excitement and the subsequent disappointment with the lack of a swift and favorable resolution are clearly visible in the price performance of XRP itself. Upon Trump’s re-election, the token entered a rally that saw it soar 540% from its long-standing level of around $0.50 to highs of over $3.30.

在XRP本身的價格性能中，最初的興奮和隨後的失望都在缺乏迅速而有利的分辨率上都可以看到。特朗普連任後，代幣參加了一次集會，從長途降低了0.50美元，高達3.30美元以上的高度，這一集會飆升了540％。

On the other hand, XRP is 28.24% in the red since January 20, the day Gensler stepped down, indicating that enthusiasm has somewhat dissipated. Still, traders retain at least some confidence if the token’s price is to be used as a gauge. At its press time price of $2.23, it remains 330% above where it was on November 1, 2024.

另一方面，自1月20日以來，XRP的紅色為28.24％，Gensler辭職的那一天，表明熱情已經消失了。儘管如此，如果要將代幣的價格用作量表，交易者仍然至少保持一定的信心。以2.23美元的新聞時間價格，它在2024年11月1日以上的時間高330％。