即將離任的 SEC 主席加里·詹斯勒 (Gary Gensler) 盤問他作為加密貨幣監管機構的動盪統治

即將卸任的美國證券交易委員會 (SEC) 主席加里·詹斯勒 (Gary Gensler) 在周二的採訪中陷入了困境，因為他對金融監管機構在其統治下的訴訟優先政策提出了質疑。

Outgoing U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler faced grilling over the financial regulator's litigation-first policy during his tenure in a Tuesday interview.

即將離任的美國證券交易委員會 (SEC) 主席加里·詹斯勒 (Gary Gensler) 在周二的採訪中面臨著金融監管機構在其任職期間訴訟優先政策的質疑。

Gensler defended the SEC's actions, describing it as "a law enforcement agency" tasked with protecting investors from fraud, manipulation, and other securities law violations.

詹斯勒為美國證券交易委員會的行為進行了辯護，稱其為“執法機構”，其任務是保護投資者免受欺詐、操縱和其他證券法違規行為的侵害。

Bitcoin and the SECバトル

比特幣與 SEC 之戰

During the CNBC interview, host Joe Kernen highlighted the SEC's stance on Bitcoin, stating that Gensler either "stood in the way of a totally new industry, or you were unable to prevent a huge bubble from forming, which is going to end very badly, and neither one is going to be much of a legacy to look back on."

在 CNBC 採訪中，主持人 Joe Kernen 強調了 SEC 對比特幣的立場，表示 Gensler 要么「阻礙了一個全新行業的發展，要么無法阻止巨大泡沫的形成，而泡沫的結局將會非常糟糕，兩者都不會成為值得回顧的遺產。

Gensler maintained that he never labeled Bitcoin a security, but asserted that "these 10,000 or 15,000 other tokens" have "hurt" investors for years.

Gensler 堅稱，他從未將比特幣標記為證券，但聲稱「這 10,000 或 15,000 個其他代幣」多年來「傷害」了投資者。

Kernen further noted that if Bitcoin had a hard time evolving under Gensler's SEC, "it's very difficult for anything good to happen," suggesting that the previous SEC leadership, including Gensler, appeared to put up multiple obstacles in the crypto industry's path.

Kernen 進一步指出，如果比特幣在 Gensler 的 SEC 領導下發展困難，“就很難發生任何好事”，這表明包括 Gensler 在內的前 SEC 領導層似乎在加密行業的道路上設置了多重障礙。

Gensler mentioned being on the job for only a few months when Bitcoin exchange-traded funds (ETFs) based on futures were approved. However, Kernen quickly countered with a battle-ready response, stating, "After a lawsuit."

Gensler 提到，當基於期貨的比特幣交易所交易基金（ETF）獲得批准時，他才上任幾個月。然而，克南很快就做出了戰鬥準備的回應，稱「在一場訴訟之後」。

Kernen's words carry significance, considering how spot Bitcoin ETFs took a decade before finally being approved in January 2024, following a lawsuit that appeared to pressure the regulatory agency into approving the funds. Several months later, ETFs for Ethereum were also approved.

考慮到現貨比特幣 ETF 花了十年時間才最終在 2024 年 1 月獲得批准，此前一場訴訟似乎迫使監管機構批准這些基金，Kernen 的言論具有重要意義。幾個月後，以太坊 ETF 也獲得批准。

Other Digital Coins and the SEC Scanner

其他數位硬幣和 SEC 掃描儀

Gensler maintained that other digital currencies beyond Bitcoin are not compliant with securities laws and hence require oversight.

Gensler 認為，比特幣以外的其他數位貨幣不符合證券法，因此需要監管。

"A sector of this field, crypto, the investing public is investing based on projects and these things. I'm not prejudging any one of them, but many of them are covered by the securities laws. And in that field, there's a lot of noncompliance," he said.

「這個領域的一個部門，加密貨幣，投資公眾正在根據項目和這些東西進行投資。我不會預先判斷其中任何一個，但其中許多都受到證券法的保護。在這個領域，有很多不遵守規定， 」他說。

It's worth noting that Gensler has faced criticism from many in the crypto space for not being clear on the legal status of Ethereum, even when asked under oath. After ETH ETFs were approved, Gensler still did not provide clarity on whether Ethereum is a security or a commodity. It remains to be seen whether the new leadership will give clarity on this matter.

值得注意的是，Gensler 面臨著加密貨幣領域許多人的批評，因為即使在宣誓的情況下，他也不清楚以太坊的法律地位。在 ETH ETF 獲得批准後，Gensler 仍然沒有明確說明以太坊是證券還是商品。新領導層是否會澄清此事還有待觀察。

Gensler on Bitcoin's Future and Other Coins' Utility

Gensler 談比特幣的未來和其他貨幣的實用性

Despite describing BTC as a highly speculative and volatile asset, Gensler expressed his belief in a future for the world's largest cryptocurrency by market capitalization if a majority of the world's population wants to trade it.

儘管將 BTC 描述為高度投機性和波動性的資產，但 Gensler 表示，如果世界上大多數人都願意交易這種全球市值最大的加密貨幣，他的未來充滿信心。

" I think that Bitcoin is a highly speculative, volatile asset. But with 7 billion people around the globe, if they want to trade it just like we do have gold for 10,000 years, we have Bitcoin. It might be something else in the future as well," Gensler said.

「我認為比特幣是一種高度投機性、波動性的資產。但是，全球有70 億人，如果他們想像我們擁有一萬年的黃金一樣交易比特幣，我們就擁有比特幣。未來可能會是另外一種情況也是如此，」詹斯勒說。

As for the thousands of other coins in the crypto market, Gensler believes they need to prove their utility. According to him, they have to "show that they actually have fundamentals underlying them or they won't persist."

至於加密貨幣市場上的數千種其他代幣，Gensler 認為它們需要證明自己的實用性。他表示，他們必須“證明他們確實有基本面，否則他們不會堅持下去。”

Gensler will step down as SEC Chair on January 20, during incoming President Donald Trump's inauguration. Trump has nominated former Commissioner Paul Atkins to replace him.

Gensler 將於 1 月 20 日在即將上任的總統唐納德·川普就職典禮期間辭去 SEC 主席職務。川普已提名前專員保羅·阿特金斯接替他。

Atkins' nomination was met with optimism from crypto users – both small-time holders and key industry players – as he is expected to usher in a more positive and progressive approach toward regulating digital assets.

阿特金斯的提名得到了加密貨幣用戶（包括小型持有者和主要行業參與者）的樂觀態度，因為預計他將在監管數位資產方面引入更積極和進步的方法。