SEC轉移XRP狀態的方法

根據福克斯新聞通訊員查爾斯·加斯帕里諾（Charles Gasparino）的說法，SEC正在使用以太坊的監管處理作為確定XRP分類的基準。

The SEC is reportedly using the regulatory status of Ethereum as a benchmark in determining whether to classify XRP as a commodity, according to FOX News correspondent Charles Gasparino.

據福克斯新聞通訊員查爾斯·加斯帕里諾（Charles Gasparino）表示，據報導，SEC正在使用以太坊的監管狀況作為基準確定是否將XRP分類為商品。

This development, which follows U.S. District Judge Analisa Torres’s July 2023 ruling that XRP is not inherently a security, signals that the SEC might be softening its stance on crypto enforcement after years of legal battles.

這一發展是在美國地區法官Analisa Torres 2023年7月裁定XRP並非本質上是安全的，這表明SEC可能會在經過多年的法律戰鬥之後對加密執法方面的立場降低。

The agency’s classification of Ethereum, a ‘pure commodity,’ is being considered in contrast to XRP, which the SEC claims was sold in an unregistered, ongoing, and continuous manner to raise capital, forming the basis of a security.

與XRP相比，該機構對以太坊（以太坊的“純商品”的分類，SEC索賠是以未註冊，持續且連續的方式出售的，以籌集資金，形成了安全的基礎。

However, Judge Torres's ruling, which also stated that the SEC's actions in handling the case were "arbitrary, capricious, and an abuse of discretion," might lead to a different outcome.

但是，托雷斯法官的裁決也指出，SEC處理此案的行動是“任意，反复無常和濫用酌處權”，可能會導致不同的結果。

This ruling, especially in contrast to the administrative law judge's ruling against the SEC in the case against Coinbase, could be pivotal for the future of crypto regulation in the U.S.

這項裁決，特別是與行政法法官針對Coinbase案的SEC的裁決相比，這對於美國加密監管的未來可能是關鍵的

With regulatory bodies like the SEC and the Commodity Futures Trading Commission (CFTC) increasingly involved in crypto, projects are being pushed into a legal gray zone.

隨著SEC和商品期貨交易委員會（CFTC）等監管機構越來越多地參與加密貨幣，項目正在被推入合法的灰色區域。

While the CFTC classifies cryptocurrencies like Bitcoin, Ethereum, and Litecoin as commodities, the SEC maintains that most crypto projects, including Solana, are securities. This divergence in classification has sparked confusion and legal disputes.

儘管CFTC將比特幣，以太坊和萊特幣等加密貨幣歸類為商品，但SEC認為包括Solana在內的大多數加密項目都是證券。分類的這種差異引發了混亂和法律糾紛。

However, in January, during an interview with Benzinga, Bloomberg ETF analyst James Seyffart highlighted that the biggest obstacle to the approval of any XRP ETFs is regulatory clarity.

但是，在一月份，彭博ETF分析師詹姆斯·塞法特（James Seyffart）在接受本辛加（Benzinga）的採訪時強調，任何XRP ETF批准的最大障礙是監管性的清晰度。

"We’re still not seeing any movement on the ETF front. I think the biggest hurdle is going to be regulatory," said Seyffart.

Seyffart說：“我們仍然沒有看到ETF陣線上的任何動作。我認為最大的障礙將是監管的。”

The SEC is unlikely to approve any spot XRP ETFs until the case with Ripple is fully settled and we know for sure what the classification of XRP will be.

SEC不太可能批准任何位點XRP ETF，直到帶有波紋的情況完全解決，並且我們確定XRP的分類將是什麼。

If the court rules that XRP is a commodity, we could quickly see the approval of an ETF, similar to how quickly the Bitcoin ETF was approved once we finally got the green light from the SEC."

如果法院裁定XRP是一種商品，我們可以迅速看到ETF的批准，類似於比特幣ETF終於從SEC獲得綠燈後獲得批准的速度。”

This classification disparity is also pertinent to Solana, which the SEC continues to classify as a security despite its market cap exceeding $10 billion and its price action in 2024, which saw an astronomical 5,000% price increase from 2022 lows.

這種分類差異也與Solana有關，SEC仍將其歸類為安全性，儘管其市值超過100億美元，並且在2024年的價格行動，該公司的價格從202222222年的低點提高了5,000％。

According to FOX journalist Eleanor Terrett, the SEC and Ripple are in the final stages of settlement discussions.

根據福克斯記者埃莉諾·特雷特（Eleanor Terrett）的說法，SEC和Ripple處於解決討論的最後階段。

Sources familiar with the matter have revealed that the new leadership at the SEC is keen to begin a new chapter in its approach to crypto enforcement.

熟悉此事的消息人士表明，SEC的新領導層渴望開始其加密執法方法的新篇章。

As part of the settlement, Ripple's legal team is negotiating adjustments to the $125 million fine imposed by Judge Torres in her July ruling.

作為和解的一部分，Ripple的法律團隊正在談判對托雷斯法官在七月裁決中施加的1.25億美元罰款的調整。

Moreover, discussions are underway to modify the restrictions on Ripple's ability to sell XRP to institutional investors, aligning them with recent shifts in SEC policy. These restrictions, imposed by Judge Torres, are being challenged by Ripple, arguing that they are an "abuse of discretion" given the court's classification of XRP as a commodity.

此外，正在進行討論，以修改對Ripple將XRP出售給機構投資者的能力的限制，使他們與SEC政策的最新變化保持一致。托雷斯法官施加的這些限制受到波紋的挑戰，認為鑑於法院將XRP作為商品的分類，它們是“濫用酌處權”。

In other news, according to CoinGecko data, XRP’s fully diluted valuation (FDV) has officially surpassed Ethereum’s (ETHUSD) following a substantial price surge that unfolded during the course of Monday.

在其他新聞中，根據Coingecko數據，XRP的完全稀釋的估值（FDV）在周一的巨額價格上漲後，正式超過了以太坊（Ethusd）的估值。

This milestone highlights two key trends:

這個里程碑凸顯了兩個關鍵趨勢：

• The persistent legal battle between Ripple and the SEC is nearing its apex, potentially leading to a decisive moment for the crypto industry.

•Ripple和SEC之間的持續法律鬥爭正在接近其最高點，這可能導致加密行業的決定性時刻。

• The tide of institutional money is flowing into crypto at an increasing rate, especially in decentralized finance (DeFi).

•機構貨幣的潮流以越來越多的速度流入加密貨幣，尤其是在分散的金融（DEFI）中。

The final ruling by Judge Analisa Torres in July, which partially favored Ripple and ruled against the SEC, will likely be appealed by the SEC, further delaying the approval of any spot XRP ETFs.

Analisa Torres法官在7月作出的最終裁決（部分支持Ripple並對SEC裁定）可能會受到SEC的上訴，進一步延遲了任何位置XRP ETF的批准。

The judge's classification of XRP as a commodity in the relevant case might pave the way for the approval of such ETFs.

在相關案例中，法官將XRP作為商品的分類可能為批准此類ETF鋪平了道路。

Earlier this year, the SEC rejected several applications for spot Bitcoin ETFs, but later approved an application from Invesco to list an exchange-traded fund (ETF) that would allow investors to bet on Bitcoin futures.

今年早些時候，美國證券交易委員會（SEC）拒絕了點比特幣ETF的幾項申請，但後來批准了Invesco的申請，以列出交易所交易基金（ETF），該基金將允許投資者下注比特幣期貨。

At the beginning of the year, the SEC's stance was that it had concerns about the applicants' applications for spot Bitcoin ETFs, expressed in a statement from an SEC spokesperson.

在今年年初，SEC的立場是，它對SEC發言人的一份聲明中表達了對申請人的申請人申請。

"The SEC's concerns include, among other things, whether the applicants have fully met the requirements for approval, specifically the applicants' obligation to demonstrate that the ETF is being offered in the public interest and will not be subject to undue influence or manipulation."

“ SEC的擔憂包括申請人是否已經完全滿足批准要求，特別是申請人有義務證明ETF是出於公共利益而提供的，並且不會受到不當影響或操縱。”

The agency's classification of Ethereum, a ‘pure commodity,’ is being considered in contrast to XRP, which the SEC claims was sold in an unregistered, ongoing, and continuous manner to operate a common enterprise and a common scheme of a capital-raising enterprise, forming the basis of a security.

與XRP相比，該機構對以太坊的分類，“純商品”，SEC索賠是以未註冊，持續且連續的方式出售的，以經營共同的企業和一項資本投資企業的共同計劃，形成了安全的基礎。

However, Judge Torres's ruling, which also

但是，托雷斯法官的裁決也