美國證券交易委員會是否應該負責監管模因？

海斯特·皮爾斯（Hester Peirce）說，可能不是。

The US Securities and Exchange Commission is unlikely to regulate memecoins, according to SEC Commissioner Hester Peirce.

SEC專員Hester Peirce表示，美國證券交易委員會不太可能規范成員。

In a Bloomberg interview on Tuesday, Peirce addressed the issue of memecoins, which have remained largely unregulated despite amassing a $75 billion market.

在周二的彭博社採訪中，皮爾斯（Peirce）談到了Memecoins問題，儘管積累了750億美元的市場，但該問題仍然在很大程度上不受監管。

“It depends on the facts and circumstances,” Peirce said. “Many of the memecoins that are out there probably do not have a home in the SEC, under our current set of regulations.”

皮爾斯說：“這取決於事實和情況。” “根據我們目前的一系列法規，那裡的許多模因可能在SEC中沒有房屋。”

Many have argued that memecoins are not securities, which would exclude them from the SEC’s regulatory purview.

許多人認為，模因不是證券，這將使他們從SEC的監管權限中排除。

That doesn’t necessarily mean memecoins will never be regulated, just probably not by the SEC.

這並不一定意味著永遠不會受到Memecoins的監管，而不是SEC不受限制。

“Maybe that's something the Commodity Futures Trading Commission wants to address,” Peirce said, adding that Congress could also step in to address the issue of memecoin regulation if it wanted to.

皮爾斯說：“也許這是商品期貨貿易委員會想要解決的問題。”他補充說，國會也可以介入以解決Memecoin法規的問題。

Peirce’s comments come amid controversy over the launch of official memecoins by former President Donald Trump and his wife Melania last month. Some expressed disbelief that the president would involve himself in a market known for its extreme price volatility, joke coins, and scammers.

皮爾斯（Peirce）在上個月前總統唐納德·特朗普（Donald Trump）和他的妻子梅拉尼亞（Melania）的官方紀念因爭議中引起了評論。一些人表示難以置信，總統會以其極端價格波動，笑話和騙子而聞名的市場。

The TRUMP token soared to a $15 billion market valuation before crashing 79%, leaving investors stranded. Melania’s token fared even worse, losing 89% of its value.

在崩潰79％之前，特朗普的代幣飆升至150億美元的市場估值，使投資者陷入困境。 Melania的代幣情況甚至更糟，損失了其價值的89％。

Memecoins have surged in popularity over the past year and a half. Such tokens, which are usually based on a popular figure or online meme, often explicitly detach themselves from any promise of gaining value.

在過去的一年半中，Memecoin的受歡迎程度激增。這樣的令牌通常基於流行的人物或在線模因，通常會明確地脫離任何獲得價值的承諾。

The Trump memecoin, for example, states on its website that it is intended to function as an expression of support for the president and not an investment.

例如，特朗普紀念因素在其網站上指出，它旨在表達對總統而不是投資的支持。

Even so, risk-tolerant investors routinely pile into memecoins like TRUMP due to their extreme volatility and the potential for buyers to make life-changing money quickly.

即便如此，冒險的投資者由於其極端波動和買家的潛力迅速賺錢而經常堆入像特朗普這樣的成人。

Peirce, who was tapped last month to lead a new crypto task force that will create bespoke regulations for digital assets, has quickly become one of the most influential voices in U.S. crypto regulation.

皮爾斯（Peirce）上個月被擊敗，負責一個新的加密特遣部隊，該特遣部隊將為數字資產製定定制法規，他迅速成為美國加密貨幣法規中最有影響力的聲音之一。

Earlier this month, she set the tone for Trump administration crypto regulation by saying the SEC won’t bail out rash investors.

本月初，她為特朗普政府加密法規定下了基調，說SEC不會救助輕率的投資者。

“If people want to buy a token or product that lacks a clear long-term value proposition, they should feel free to but should not be surprised if someday the price drops,” Peirce said in a policy statement published Feb. 4.

皮爾斯在2月4日發布的政策聲明中說：“如果人們想購買缺乏明確的長期價值主張的代幣或產品，那麼如果有一天下降，他們應該隨意，但不會感到驚訝。”

“People must decide for themselves, not look to Mama Government to tell them what to do or not to do, nor to bail them out when they do something that turns out badly.”

“人們必須自己決定，不要讓媽媽政府告訴他們該怎麼做或不做，或者在做一些事實證明的事情時要救助他們。”

In the same Bloomberg interview, Peirce also commented on the SEC’s previous approach to regulating crypto, which she has long criticized.

在同一次彭博訪談中，皮爾斯還評論了SEC先前對加密貨幣的調節方法，她一直批評這一方法。

“We’ve just put up roadblock after roadblock against people who are just trying to come in and talk to us as we have asked them to do,” she said, referring to former SEC Chair Gary Gensler’s call for crypto firms to engage with the regulator.

她說：“我們只是在與只是試圖按照我們要求他們做的那些試圖進來與我們交談的人們的障礙，”監管機構。

Despite Gensler repeatedly requesting crypto firms to engage with the SEC, many — such as US exchange Coinbase — say that the regulator had been reluctant to work with them.

儘管Gensler反复要求加密公司與SEC互動，但許多人（例如US Exchange Coinbase）表示，監管機構一直不願與他們合作。

“All I’m asking is that we have an innovation policy that allows people to innovate and allows people to try new things,” she said.

她說：“我要問的是，我們有一項創新政策，使人們可以創新並允許人們嘗試新事物。”