title: The top US securities regulator is officially announcing that memecoins do not fall under its purview, comparing the burgeoning crypto sector to “non-functional” collector’s items.

在新的聲明中，美國證券交易委員會（SEC）宣布，模因官方不是證券。

The U.S. Securities and Exchange Commission (SEC) has officially announced that memecoins do not fall under its purview, comparing the burgeoning crypto sector to “non-functional” collector’s items.

美國證券交易委員會（SEC）已正式宣布，Memecoins不屬於其權限，將新興的加密貨幣部門與“非功能”收藏家的物品進行了比較。

In a new statement, the SEC is declaring that memecoins are officially not securities.

在一份新聲明中，SEC宣布Memecoins正式不是證券。

As defined by the SEC’s statement, “A ‘meme coin’ is a type of crypto asset inspired by internet memes, characters, current events, or trends for which the promoter seeks to attract an enthusiastic online community to purchase the meme coin and engage in its trading.”

正如SEC的聲明所定義的那樣：“模因硬幣是一種受互聯網模因，角色，時事或趨勢啟發的加密資產，發起人試圖吸引熱情的在線社區購買模因硬幣並進行交易。”

The SEC says memecoins are more like collectibles and entertainment items than securities.

SEC說，模因更像是收藏品和娛樂項目，而不是證券。

According to the SEC, memecoins fail the Howey test, a litmus test for deciding whether or not something is a security.

根據SEC，Memecoins未能通過Howey Test，這是一項試金石測試，用於確定某物是否是安全性。

“First, meme coin purchasers are not making an investment in an enterprise. That is, their funds are not pooled together to be deployed by promoters or other third parties for developing the coin or a related enterprise.

“First, meme coin purchasers are not making an investment in an enterprise.也就是說，他們的資金並沒有被匯總在一起，以由發起人或其他第三方開髮用於開發硬幣或相關企業的資金。

Second, any expectation of profits that meme coin purchasers have is not derived from the efforts of others. That is, the value of meme coins is derived from speculative trading and the collective sentiment of the market, like a collectible.”

其次，任何對Meme Coin購買者所獲得的利潤的期望都不是從他人的努力中得出的。也就是說，模因硬幣的價值源自投機性交易和市場的集體情感，就像收藏品一樣。”

The SEC’s official statement echoes comments made by Commissioner Hester Peirce on memecoins earlier this month.

SEC的官方聲明呼應了本月早些時候專員Hester Peirce對Memecoins的評論。

“Just because something is out there and it’s popular does not mean that it will fit within the SEC jurisdiction. So I just caution people not to assume that there’s going to be an SEC regulatory backstop to everything…” Peirce said at the time.

“僅僅因為那裡有東西，而且它很受歡迎並不意味著它將適合SEC管轄範圍。因此，我只是警告人們不要以為一切都會有SEC監管的後台……” Peirce當時說。

The statement comes on the heels of an overhaul at the regulatory agency. In addition to the consolidation and creation of a new crypto task force, the Cyber and Emerging Technologies Unit (CETU), just last week, the SEC has also dropped several high-profile investigations as February comes to an

該聲明是在監管機構大修的高跟鞋之後。除了在上週的網絡和新興技術部（CETU）的新加密特遣部隊（CETU）的合併和創建外，SEC還放棄了幾項備受矚目的調查