特朗普在主要加密貨幣中殺死了Defi經紀統治：財務重新定義

提高美國加密監管清晰度將吸引更多的科技巨頭進入該空間，要求現有的加密項目專注於更多的協作代幣，以生存

A joint congressional resolution to overturn a Biden administration-era rule that would have required decentralized finance protocols to report transactions to the Internal Revenue Service has been signed by President Donald Trump.

唐納德·特朗普總統簽署了一項聯合國會決議，以推翻拜登政府時代的規則，該決議要求分散的財務協議向國稅局報告交易。

The measure, which was passed by both the House of Representatives and the Senate last month, went to Trump’s desk after a bipartisan majority in Congress voted to reject the administration-era rule, known as the DeFi broker rule.

這項措施是由眾議院和參議院上個月通過的，在國會兩黨多數席位投票反對拒絕行政時期的統治後，去了特朗普的辦公桌。

The IRS DeFi broker rule would have expanded the tax authority’s existing reporting requirements to include DeFi platforms, requiring them to disclose gross proceeds from crypto sales, including information regarding taxpayers involved in the transactions.

IRS DEFI經紀人規則將擴大稅務機關現有的報告要求，以包括Defi平台，要求他們披露加密貨幣銷售的總收入，包括有關交易涉及的納稅人的信息。

The rule, which was part of the administration’s 2024 budget proposal, was set to take effect in 2027. However, lawmakers from both parties expressed concern that it would create an undue burden on DeFi protocols and ultimately hamper innovation in the U.S. crypto sector.

該規則是政府2024年預算提案的一部分，該規則定於2027年生效。但是，來自雙方的立法者表示擔心它將對DEFI協議造成不適當的負擔，並最終在美國加密貨幣部門造成傷害。

Several House members, including Representative Mike Carey, played a key role in mobilizing bipartisan support for the resolution to overturn the rule.

包括代表邁克·凱里（Mike Carey）在內的幾名眾議院成員在動員兩黨支持該決議以推翻規則方面發揮了關鍵作用。

“After months of working closely with my colleagues in the House, I’m thrilled that we were able to pass this critical resolution to overturn the administration’s new reporting rule that would have crippled the DeFi sector and discouraged new crypto projects from launching in the U.S.,” Carey said in a statement on April 10.

凱里在4月10日的一份聲明中說：“在與眾議院的同事們緊密合作後，我很高興我們能夠通過這項關鍵決議來推翻政府的新報告規則，該規則將使違規部門癱瘓，並阻止了新的加密貨幣項目在美國推出。”

“This is a huge win for crypto users and innovators across the country.”

“對於全國的加密用戶和創新者來說，這是一次巨大的勝利。”

Trump formally killed the measure by signing off on the resolution, marking the first time a crypto bill has been signed into U.S. law.

特朗普通過簽署決議正式殺死了這項措施，這是第一次將加密法案簽署為美國法律。

“This administration rule would have created an undue burden on emerging technologies and small businesses operating in the DeFi sector,” Trump said in a statement. “The good news is that President Biden listened to members of Congress and has now agreed to undo the rule through a joint resolution of Congress, and I am pleased to sign it into law.”

特朗普在一份聲明中說：“本屆政府規則將對在衛生部門運營的新興技術和小型企業產生不適當的負擔。” “好消息是拜登總統聽了國會議員，現在已經同意通過國會的聯合決議來取消該規則，我很高興將其簽署為法律。”

Next generation of crypto must be more collaborative — Cardano founder

下一代加密必須更加協作 - 卡爾達諾創始人

The next generation of cryptocurrency projects must embrace a more collaborative approach to compete with major centralized tech companies entering the Web3 space, according to Cardano founder Charles Hoskinson.

Cardano創始人查爾斯·霍斯金森（Charles Hoskinson）表示，下一代加密貨幣項目必須採用更加協作的方法，與Cardano創始人Charles Hoskinson說，與進入Web3空間的主要集中技術公司競爭。

Speaking at Paris Blockchain Week 2025, Hoskinson said one of the main criticisms of the crypto and decentralized finance space is its “circular economy,” which often means that the rally of a specific cryptocurrency is bolstered by funds exiting another token, limiting the growth of the whole industry.

霍斯金森（Hoskinson）在巴黎區塊鏈第2025週發表講話時說，對加密貨幣和分散財務空間的主要批評之一是其“循環經濟”，這通常意味著特定加密貨幣的集會是由退出另一個代幣的資金來支持的，從而限制了整個行業的增長。

However, to have a chance against the centralized technology giants joining the Web3 industry, cryptocurrency projects need more collaborative tokenomics and market structure, according to Hoskinson.

但是，據霍斯金森（Hoskinson）稱，為了反對加入Web3行業的集中式技術巨頭，加密貨幣項目需要更多的協作令牌和市場結構。

“The problem right now, with the way we’ve done things in the cryptocurrency space, is the tokenomics and the market structure are intrinsically adversarial. It’s sum 0,” Hoskinson said.

霍斯金森說：“現在的問題是，我們在加密貨幣領域做事的方式是令牌學和市場結構本質上是對抗性的。這是總和0。”

“Instead of picking a fight, what you have to do is you have to find tokenomics and market structure that allows you to be in a cooperative equilibrium.”

“與其參加戰鬥，您必須要做的就是找到令牌組和市場結構，使您達到合作的平衡。”

He argued that the current environment often sees one crypto project’s growth come at the expense of another rather than contributing to the sector’s overall health.

他認為，當前的環境通常會看到一個加密項目的增長是以犧牲另一個加密項目為代價的，而不是為該行業的整體健康做出貢獻。

And he added that this is not sustainable in the face of trillion-dollar firms like Apple, Google and Microsoft, which may soon join the Web3 race amid clearer U.S. regulations.

他補充說，面對像蘋果，谷歌和微軟這樣的萬億美元公司，這是不可持續的，因為蘋果，谷歌和微軟很快就會在美國法規中加入Web3競賽。

“If you look at the way these large technology companies operate, they’re very good at cooperation and synergy,” said Hoskinson.

霍斯金森說：“如果您查看這些大型技術公司的運作方式，它們擅長合作和協同作用。”

“If you look at the way we’ve done things in cryptocurrency, it’s always been more adversarial, and we’re trying to take market share from each other.”

“如果您查看我們在加密貨幣中做事的方式，那總是更具對抗性的方式，我們正在嘗試彼此佔有市場份額。”

Bitcoin’s 24/7 liquidity: Double-edged sword during global market turmoil

比特幣的24/7流動性：全球市場動盪期間的雙刃劍

Bitcoin and other cryptocurrencies are often praised for offering around-the-clock trading access, but that constant availability may have contributed to a steep sell-off over the weekend following the latest U.S. trade tariff announcement.

比特幣和其他加密貨幣通常因提供全天候的交易訪問而受到稱讚，但是在美國最新的美國貿易關稅公告之後的整個週末，這種持續的可用性可能導致了巨大的拋售。

Unlike stocks and traditional financial instruments, Bitcoin (BTC) and other cryptocurrencies enable users to make payments and engage in trading opportunities 24/7 thanks to the accessibility of blockchain technology.

與股票和傳統金融工具不同，比特幣（BTC）和其他加密貨幣使用戶能夠付款並通過區塊鏈技術的可訪問性進行24/7的交易機會。

After a record-breaking $5 trillion was wiped from the S&P 500 over two days — the worst drop on record — Bitcoin remained above the $82,000 support level. However, by Sunday, the asset had plummeted to under $75,000.

在創紀錄的500萬億美元從標準普爾500指數中擦​​除了兩天（最糟糕的記錄下降）之後，比特幣仍高於82,000美元的支持水平。但是，到週日，資產已下跌至75,000美元。

Sunday’s correction may have occurred due to Bitcoin being the only large tradable asset over the weekend, according to Lucas Outumuro, head of research at crypto intelligence platform IntoTheBlock.

Crypto Intelligence Platform intotheblock的研究負責人Lucas Outumuro表示，週日的更正可能是由於比特幣是周末唯一可大的可交易資產。

“There was a bit of optimism last week that Bitcoin might be uncorrelating and fairing better than traditional stocks, but the [correction] did accelerate over the weekend,” Outumuro said during Cointelegraph’s Chainreaction live show on X, adding:

Outumuro在Cointelegraph在X上的鏈條反應現場表演中說：“上週上周有些樂觀，比特幣可能比傳統股票更加不相關且整潔，但是[更正]確實在周末加速了。”

Outumuro noted that Bitcoin’s weekend trading can also have

Outumuro指出，比特幣的周末交易也可以