特朗普簽署行政命令在數字資產市場中建立我們的主導地位

唐納德·特朗普（Donald Trump）總統本週簽署了一項行政命令，以在數字資產市場中建立美國的統治地位，並使該國成為全球加密中心。

President Donald Trump signed an executive order this week to establish U.S. dominance in the digital asset market and make the country the global center of crypto. But does that order deliver on what Trump said he'd accomplish?

唐納德·特朗普（Donald Trump）總統本週簽署了一項行政命令，以在數字資產市場中建立美國的統治地位，並使該國成為全球加密中心。但是，該命令是否能夠實現特朗普所說的他的成就？

One of Trump's promises to the crypto industry was the establishment of a "strategic national bitcoin stockpile." While the crypto industry is generally excited about the order providing legal protections for crypto users and the promise of greater regulatory clarity, some are worried about a perceived pivot from the definite establishment of a national bitcoin stockpile.

特朗普對加密貨幣產業的承諾之一是建立“戰略性國家比特幣庫存”。儘管加密行業通常對為加密使用者提供法律保護的命令感到興奮，並有更高的監管清晰度的承諾，但有些人擔心明確建立國家比特幣庫存的樞紐。

Bitcoin (BTCUSD) sold off slightly following the announcement Thursday, though it recovered and was trading close to $105,000 in late-Friday trading.

週四宣布後，比特幣（BTCUSD）略微出售，儘管它恢復了，並且在周末的交易中的交易近105,000美元。

Confusion Around a 'National Digital Asset Stockpile'

圍繞“國家數字資產庫存”的困惑

The executive order established a working group to offer regulatory clarity on a number of issues, including "potential creation and maintenance of a national digital asset stockpile."

行政命令建立了一個工作組，以對許多問題提供監管清晰度，包括“潛在的創建和維護國家數字資產庫存”。

This phrasing creates some confusion. Firstly, the executive order simply discusses the exploration of a "potential" stockpile. Secondly, the language in the executive order is not specific to bitcoin and instead refers to a stockpile of "digital assets."

這個措辭引起了一些混亂。首先，行政命令只是討論了“潛在”庫存的探索。其次，行政命令中的語言不是針對比特幣的特定的，而是指“數字資產”的庫存。

It also mentions the possibility of this stockpile being derived from the government's existing crypto holdings that it has accumulated from various enforcement actions instead of trading cryptocurrencies like the government does for the Strategic Petroleum Reserve.

它還提到了這種庫存是從政府現有的加密貨幣中獲得的可能性，即它已經從各種執法行動中積累了，而不是像政府為戰略石油儲備所做的那樣交易加密貨幣。

"'Stockpile' is jargon that means holding what they have, but not necessarily buying anything," Galaxy Digital Head of Research Alex Thorn posted on X. According to data shared by Thorn in his X post, the stockpile would largely be made up of bitcoin rather than alternative digital assets.

Galaxy Digital Research主管Alex Thorn張貼在X上。根據Thorn在他的X帖子中共享的數據，庫存將很大程度上由比特幣而不是替代數字資產。

Others are worried that the path to creating a bitcoin stockpile may not be entirely hurdle-free.

其他人則擔心創建比特幣庫存的途徑可能並非完全沒有障礙。

"As I've been saying, we will need legislation for a 'true' [strategic bitcoin reserve], and that won't pass," posted Castle Island Ventures Partner Nic Carter.

Castle Island Ventures合作夥伴Nic Carter張貼：“正如我一直在說，我們將需要立法（戰略比特幣儲備），這不會過去。”

Despite the executive order, the odds of a bitcoin strategic reserve happening in the U.S. this year dropped from a peak of 76% to 61% over the past day, according to prediction market Polymarket.

根據預測市場PolyMarket的數據，儘管行政命令達到了行政命令，但今年美國發生的比特幣戰略儲備的機率從過去一天的峰值下降到了61％。

Protections for Crypto Users and Regulatory Clarity

對加密用戶和法規清晰度的保護

That said, there is plenty more for the crypto industry to cheer about in the executive order.

也就是說，加密貨幣行業還可以通過行政命令加油。

"The President's EO today is mostly about setting up the right processes and teams to improve crypto policy," Coin Center Executive Director Peter Van Valkenburgh posted on X Thursday.

硬幣中心執行董事彼得·範·瓦爾肯伯格（Peter Van Valkenburgh）週四在X週四發布。

The crypto industry has often criticized the lack of clarity on regulations as well as the enforcement-driven approach by the U.S. Securities and Exchange Commission. Some of their grievances may have already begun to get redressed.

加密貨幣行業經常批評美國證券交易委員會對法規以及執法驅動的方法缺乏明確性。他們的某些不滿可能已經開始被糾正。

For example, after the executive order was signed the SEC rescinded a contentious crypto accounting rule called Staff Accounting Bulletin No. 121 (SAB 121) that effectively made it impractical for traditional banks to act as custodians for bitcoin.

例如，在執行命令簽署後，SEC撤銷了一個有爭議的加密會計規則，稱為員工會計公告第121號（SAB 121），這實際上使傳統銀行充當比特幣的託管人是不切實際的。

"SAB 121 was disastrous for the banking industry, and only stunted American innovation and advancement of digital assets," U.S Senator Cynthia Lummis, a Republican from Wyoming, posted on X.

“ SAB 121對於銀行業來說是災難性的，只有發育遲緩的美國創新和數字資產的進步，” Wyoming的共和黨參議員辛西婭·盧米斯（Cynthia Lummis）發表於X。