美國證券交易委員會（SEC）正在考慮將XRP分類為商品

SEC關於加密貨幣的裁決將對整個行業產生重大影響。

The U.S. Securities and Exchange Commission (SEC) is considering classifying XRP as a commodity in its ongoing settlement talks with Ripple, according to a report by FOX.

福克斯的一份報告顯示，美國證券交易委員會（SEC）正在考慮將XRP分類為與Ripple的持續和解談判中的商品。

The major point of dispute in the settlement talks concerns XRP’s commodity characteristics stemming from its utility, along with its trading behavior. According to the SEC, Ether (ETH) started as an Initial Coin Offering before becoming a commodity through its time-based evolution.

解決方案中的主要爭議重點是XRP的商品特徵源於其效用以及其交易行為。根據SEC的說法，Ether（ETH）最初是作為初始硬幣提供的，然後通過其基於時間的進化成為商品。

However, the SEC, along with the Federal Reserve Banks, is evaluating if XRP should be recognized as a commodity exchange instead of a security. The regulation status of XRP depends on whether the regulators decide it is a security or a commodity.

但是，SEC與聯邦儲備銀行一起評估XRP是否應被認為是商品交易所而不是擔保。 XRP的監管狀態取決於監管機構是否決定其是安全性還是商品。

The SEC is comparing Ether to XRP in its calculus, and the ruling about cryptocurrency would create significant effects for the entire industry.

SEC在其微積分中與XRP進行了比較，有關加密貨幣的裁決將對整個行業產生重大影響。

The Conditions That Could Lead the SEC to Classify XRP as a Commodity Like Ether

可能導致SEC將XRP歸類為Ether這樣的商品的條件

The SEC is considering the conditions that could lead their legal team to classify XRP as a commodity similar to ETH. An XRP reclassification may trigger new regulatory measures for other cryptocurrencies across the board.

SEC正在考慮可能導致法律團隊將XRP歸類為類似於ETH的商品的條件。 XRP重新分類可能會觸發全面其他加密貨幣的新調節措施。

Chief Technology Officer David Schwartz from Ripple shared his perspectives through the social media platform X. Schwartz stated that ETH experienced private sales before its blockchain launched, whereas XRP had no such sales activity. The SEC might heavily consider the separation made between XRP and ETH when formulating its judgment.

Ripple的首席技術官David Schwartz通過社交媒體平台X分享了他的觀點。Schwartz表示，ETH在其區塊鏈推出之前經歷了私人銷售，而XRP沒有這種銷售活動。 SEC在製定其判斷時可能會大量考慮XRP和ETH之間的分離。

The regulation status of XRP depends on whether the regulators decide it is a security or a commodity.

XRP的監管狀態取決於監管機構是否決定其是安全性還是商品。

The major point of dispute in the settlement concerns the characteristics of the token that could lead to it being viewed as a commodity.

解決方案中的主要爭議重點是代幣的特徵，可能導致它被視為商品。

According to the SEC, ETH started as an ICO before becoming a commodity through its time-based evolution.

根據SEC的說法，ETH是作為ICO開始的，然後通過其基於時間的發展成為商品。

The apex court ruled that the crypto tokens sold during the fundraising were securities but later transitioned into commodities as they were traded publicly.

最高法院裁定，在籌款期間出售的加密代幣是證券，但後來在公開交易時過渡到商品。

The apex court also ruled that the crypto tokens sold during the fundraising were securities but later transitioned into commodities as they was traded on exchanges.

最高法院還裁定，在籌款期間出售的加密代幣是證券，但後來在交易所交易時過渡到商品。

The Importance Of Judge Analisa Torres’s Ruling

Analisa Torres法官的裁決的重要性

Analisa Torres's ruling recognized XRP as distinct from the other cryptocurrency types.

Analisa Torres的統治認為XRP與其他加密貨幣類型不同。

The varsity is setting the deadline of April 16, 2025, to file its appellant brief.

校隊正在設定2025年4月16日的截止日期，以提交其上訴摘要。

The apex court also ruled that the crypto tokens sold during the fundraising were securities but later transitioned into commodities as they was traded on exchanges.

最高法院還裁定，在籌款期間出售的加密代幣是證券，但後來在交易所交易時過渡到商品。

The varsity is setting the deadline of April 16, 2025, to file its appellant brief.

校隊正在設定2025年4月16日的截止日期，以提交其上訴摘要。

The SEC faces an increasingly complex enforcement situation because Judge Analisa Torres recognized XRP as distinct from the other cryptocurrency types.

SEC面臨越來越複雜的執法情況，因為Analisa Torres法官認為XRP與其他加密貨幣類型不同。

Analisa Torres's ruling recognized XRP as distinct from the other cryptocurrency types.

Analisa Torres的統治認為XRP與其他加密貨幣類型不同。

This case will establish important legal principles for the whole crypto industry.

此案將為整個加密行業建立重要的法律原則。

The classification of XRP as a commodity would possibly decrease regulatory limitations.

將XRP分類為商品可能會降低監管局限性。

The varsity could encounter additional legal battles because its classification remains as a security.

校隊可能會遇到其他法律鬥爭，因為其分類仍然是安全性。

The crypto community is closely following the SEC's forthcoming actions.

加密社區正在緊密遵循SEC即將採取的行動。

The decision could impact not only the varsity but also the broader cryptocurrency market.

該決定不僅可能影響大學，而且會影響更廣泛的加密貨幣市場。