Ripple首席技術官David Schwartz批評XRP是安全的建議

大衛·施瓦茨（David Schwartz）拒絕了XRP根據國際貨幣基金組織（IMF）對公用事業令牌的定義作為安全性的建議。

Ripple's Chief Technology Officer, David Schwartz, has defended his stance on why XRP is not a security despite the International Monetary Fund's (IMF) definition of a utility token.

Ripple的首席技術官David Schwartz捍衛了他對為什麼XRP的立場，儘管國際貨幣基金組織（IMF）對公用事業令牌的定義（IMF），但它不是安全。

Last week, the IMF rolled out the first update to its Balance of Payments and International Investment Manual since 2009, introducing a framework for cryptocurrencies.

上週，國際貨幣基金組織（IMF）自2009年以來首次更新了其付款和國際投資手冊的更新，引入了加密貨幣框架。

While the update underscores the increasing recognition of cryptocurrencies, the IMF's categorization of these assets has sparked discussions.

儘管更新強調了對加密貨幣的越來越多的認識，但國際貨幣基金組織對這些資產的分類引發了討論。

One such conversation regarding XRP prompted a response from Schwartz.

關於XRP的一次對話促使Schwartz的回應。

Ripple CTO Responds to IMF's Classification of Utility Tokens Like XRP

Ripple CTO響應IMF的分類，例如XRP

Ripple CTO響應IMF的分類，例如XRP

Schwartz has contested suggestions that XRP could be considered a security based on the IMF's definition of a utility token.

施瓦茨（Schwartz）提出了建議，即XRP可以根據國際貨幣基金組織（IMF）對公用事業令牌的定義視為安全性。

To provide context, the IMF's new Balance of Payment Manual, BPM7, classifies crypto-assets according to whether they impose a financial claim or liability on the issuer.

為了提供上下文，國際貨幣基金組織的新付款手冊bpm7的新余額根據對發行人的財務索賠還是責任對加密資產進行了分類。

While the IMF argues that Bitcoin does not impose this liability due to the mining process, it suggests utility tokens—which the framework often refers to as altcoins—do.

儘管國際貨幣基金組織認為比特幣並不施加由於採礦過程而施加責任，但它表明框架通常稱為Altcoins，這表明了實用程序令牌。

The framework asserts that these assets are "debt securities" that offer holders future access to goods and services. This has led some to make humorous remarks about XRP being listed as a security permanently.

該框架聲稱這些資產是“債務證券”，可為持有人提供未來獲得商品和服務的訪問。這導致一些人對XRP永久列為安全性發表了幽默的評論。

However, Schwartz counters that if XRP fits this definition of a utility token, then Bitcoin and Ethereum also fall within it.

但是，施瓦茨（Schwartz）反駁說，如果XRP符合實用程序令牌的此定義，那麼比特幣和以太坊也屬於其中。

"If XRP is a utility token [or security per IMF] because you can use it to pay future transaction fees, then so are Bitcoin and Ethereum," Schwartz stated.

Schwartz說：“如果XRP是實用程序（或根據IMF的安全性），因為您可以使用它來支付未來的交易費用，那麼比特幣和以太坊也是如此。”

If XRP is a utility token because you can use it to pay future transaction fees, then so are BTC and ETH.

如果XRP是實用程序代幣，因為您可以使用它來支付未來的交易費用，那麼BTC和ETH也是如此。

— David "JoelKatz" Schwartz (@JoelKatz) March 23, 2025

- David“ Joelkatz” Schwartz（@Joelkatz）2025年3月23日

It's worth noting that if one takes the IMF's definition of utility tokens literally, it could classify not only XRP but also other major assets like Ethereum and Solana as "debt securities."

值得注意的是，如果人們以IMF對公用事業令牌的定義從字面上看，它不僅可以對XRP進行分類，還可以將其他主要資產（如以太坊和Solana）歸類為“債務證券”。

Meanwhile, the Ripple CTO maintains that, to the best of his knowledge, no major token fully meets the IMF's criteria for a security in their definition of a utility token.

同時，漣漪首席技術官堅持認為，據他所知，沒有一個大型令牌完全符合IMF在定義公用事業令牌方面的安全標準。

The latest debate over XRP's classification comes as Ripple prepares to conclude the legal battle in which the classification of XRP plays a central role.

關於XRP分類的最新辯論是因為Ripple準備結論XRP分類起著核心作用的法律鬥爭。

In 2020, the U.S. Securities and Exchange Commission (SEC) charged the blockchain payments firm with violations of securities law concerning its sales of XRP.

2020年，美國證券交易委員會（SEC）指控區塊鏈支付公司違反了有關其XRP銷售的證券法。

In 2023, District Judge Analisa Torres ruled that Ripple's programmatic XRP sales did not constitute security offerings but held that Ripple's direct sales to institutional investors did.

2023年，地方法院法官Analisa Torres裁定Ripple的程序化XRP銷售並不構成安全產品，但認為Ripple向機構投資者的直接銷售提供了。