美國證券交易委員會周四表示，根據聯邦法律，它不會將大多數“模因硬幣”歸類為證券

美國證券交易委員會周四表示，根據聯邦法律，它不會將大多數“模因硬幣”歸類為證券

The US Securities and Exchange Commission will not classify most “meme coins” as securities under federal law, the regulator said on Thursday, making a significant shift in its approach to cryptocurrency.

監管機構週四表示，根據聯邦法律，美國證券交易委員會不會將大多數“模因硬幣”歸類為證券，這在其加密貨幣的方法上發生了重大變化。

The SEC’s Division of Corporation Finance said in a staff statement that meme coins, which are inspired by internet memes and trends, are primarily purchased by individuals for entertainment and social purposes.

美國證券交易委員會（SEC）的公司財務部在一份員工聲明中說，受互聯網模因和趨勢啟發的模因硬幣主要是由個人購買的，用於娛樂和社會目的。

Moreover, the meme coins do not provide the potential for investing in a common enterprise with reasonable efforts to be made by the issuer, or a third party engaged by the issuer, to increase their value.

此外，模因硬幣並沒有為發行人或發行人參與的第三方做出的合理努力以提高其價值而進行投資的潛力。

“Accordingly, the staff generally concludes that such meme coins would not be considered securities,” the SEC said.

SEC說：“因此，工作人員通常得出結論認為，這種模因硬幣不會被視為證券。”

The move departs from the SEC’s previous stance, which saw former chair Gary Gensler push for meme coins to be treated as securities due to their close ties to online communities and potential for price manipulation.

此舉偏離了SEC先前的立場，該立場使前主席Gary Gensler推動了Meme硬幣作為證券，因為它們與在線社區有著密切的聯繫，並進行了價格操縱的潛力。

However, the SEC’s new chair Mark Uyeda, appointed by President Donald Trump earlier this year, has signaled a shift in policy.

但是，由唐納德·特朗普總統任命的SEC的新主席馬克·烏耶達（Mark Uyeda）表示，政策的轉變。

“It’s time for the Commission to rectify its approach and develop crypto policy in a more transparent manner,” Uyeda said in a statement.

烏耶達在一份聲明中說：“現在是時候以更透明的方式糾正其方法並製定加密政策了。”

The SEC’s announcement comes amid other developments in the crypto space, including the launch of Trump’s own meme coin, $TRUMP, which has since lost billions in value, and the dismissal of the SEC’s lawsuit against Coinbase (NASDAQ:COIN).

SEC的宣布是在加密貨幣領域的其他發展中發布的，包括發行特朗普自己的模因硬幣，特朗普$，此後損失了數十億美元的價值，以及對SEC針對Coinbase（NASDAQ：COIN）的訴訟的駁回。

The SEC had sued Coinbase and another crypto exchange, Binance, for operating without registering with the regulator, part of a broader crackdown on the industry that began last year.

SEC起訴了Coinbase和另一項加密交易所Binance，以在沒有在監管機構的情況下進行註冊，這是對去年開始的行業的更廣泛鎮壓的一部分。

The SEC’s move to provide guidance on meme coins comes after years of uncertainty, with varying interpretations among staff members.

SEC向模因硬幣提供指導的舉動是在多年的不確定性之後進行的，工作人員之間的解釋不同。

The staff said it will not comment on offerings that deviate from the described characteristics or appear to be attempting to evade U.S. securities laws.

工作人員表示，將不會對偏離所描述特徵或似乎試圖逃避美國證券法的產品發表評論。

“The staff may also determine to comment on an offering if, based on the facts and circumstances presented, it appears that the manner in which the offering is being conducted may facilitate or encourage fraudulent activity,” the SEC said.

美國證券交易委員會說：“工作人員還可以決定發表發表的發表，如果根據所提出的事實和情況，看來正在進行的產品的方式可能有助於或鼓勵欺詐活動。”