代理SEC主席拒绝执法，以支持明确的规则制定

代理SEC主席Uyeda呼吁对执法制定明确的规则，以为该行业提供急需的指导。

Acting SEC chair calls for clear rulemaking over enforcement to provide much-needed guidance to the industry, while the first U.S. bank-issued stablecoin on a permissionless blockchain—Ethereum—has launched.

代理SEC主席呼吁对执法进行明确的规则制定，以向该行业提供急需的指导，而美国银行首次发行的Stablecoin是通过许可的区块链（Ethereum）推出的。

The acting chair of the SEC has slammed the courts for their role in muddling crypto regulations and urged administrative law judges to leave legal questions to the SEC in order to avoid any "contradictions."

SEC的代理主席已抨击法院在混乱的加密法规中的作用，并敦促行政法法官向SEC留下法律问题，以避免任何“矛盾”。

Administrative law judges, who preside over SEC cases in a lower court setting, have been increasingly weighing in on legal questions that are typically the domain of the SEC itself, leading to a blurring of lines and potential conflicts.

行政法法官主持在下级法院环境中主持SEC案件的行政法官一直在越来越重视通常是SEC本身领域的法律问题，导致线条和潜在的冲突变得模糊。

"We need to be thinking in terms of clear rules, not cases, and we must leave the legal questions to the SEC," Uyeda said during a Thursday morning event hosted by the Stanford Law School Center for Law, Science & Innovation. "If we do not, we risk the administrative law judges and the SEC reaching contradictory conclusions on the same legal questions."

乌耶达在斯坦福法学院法学院法学，科学与创新中心主持的周四早上活动中说：“我们需要从明确的规则而不是案件来思考，而我们必须将法律问题留给SEC。” “如果我们不这样做，我们就有行政法法官和SEC在同一法律问题上得出矛盾的结论。”

This statement comes at a critical juncture for the crypto industry, which is still grappling with the SEC's approach to regulation. While the SEC has been busy filing lawsuits against major crypto firms, it has also been tasked by Congress to propose new rules for the industry.

该声明对加密货币行业来说是一个关键的关键，该行业仍在努力解决SEC的监管方法。尽管SEC一直在忙于针对主要加密公司提起诉讼，但国会也曾要求为该行业提出新规则。

However, Uyeda pointed out that despite this mandate, the SEC has yet to present a single rule in the past year, despite being directed by Congress to do so "as soon as possible."

但是，乌耶达（Uyeda）指出，尽管有这项任务，但SEC在过去一年中尚未提出单一规则，尽管国会指示“尽快”这样做。

"We are now tasked by Congress to propose new rules, for example, for crypto security offerings, exchange-traded funds, and tokenized demand-deposit accounts, to name a few," Uyeda said. "Despite this, in the past year, the SEC staff has yet to present a single proposed rule for the Commission’s vote."

Uyeda说：“现在，国会要求我们提出新规则，例如，用于加密安全产品，交易所交易资金和代币的需求数据账户，仅举几例。” “尽管如此，在过去的一年中，SEC的工作人员尚未提出委员会投票的一项拟议规则。”

In contrast, Uyeda highlighted that the administrative law judges have been busy rendering their own legal opinions, despite not being obligated to do so.

相比之下，乌耶达强调，尽管没有义务这样做，但行政法法官一直在忙于发表自己的法律意见。

"In the same year, the administrative law judges have issued several noteworthy decisions, some of which have touched on important legal questions that were not necessarily presented or fullylitigated in the cases before them, and perhaps should have been left to the SEC to decide in the first instance," Uyeda said.

Uyeda说：“在同年，行政法法官发布了几项值得注意的决定，其中一些涉及了重要的法律问题，这些问题不一定在他们面前的案件中提出或全面阐述，也许应该将其留给SEC首先决定。”

This intervention from the acting chair comes as the SEC faces mounting pressure to provide more clear and consistent regulatory guidance to the crypto industry. The lack of clear rules has led to uncertainty and confusion among businesses, potential businesses, and the legal community at large, which will surely love Uyeda's message to embrace formal rulemaking and clear guidance.

当SEC面临着不断增长的压力，为加密行业提供更明确，更一致的监管指导时，代理椅子的这种干预是出现的。缺乏明确的规则导致企业，潜在企业和整个法律界之间的不确定性和混乱，这肯定会喜欢乌耶达（Uyeda）的信息，以接受正式的规则制定和明确的指导。

The implications of administrative law judges weighing in on legal matters that are better suited for the SEC could be far-reaching and ultimately create more headaches for all parties involved. It is clear that a shift in focus is needed, and soon.

行政法法官对更适合SEC的法律事务的行政法法官的含义可能是深远的，最终会给所有有关方面带来更多的头痛。显然，很快就需要焦点转移。

The first U.S. bank-issued tokenized demand deposits—stablecoins—on a permissionless blockchain, in this case Ethereum, have launched.

美国第一个由美国银行发行的令牌存款（Stablecoins）在无许可的区块链中，在这种情况下是以太坊启动。

The new offerings, unveiled by Silvergate Bank on Thursday, mark a significant step in the integration of traditional finance with the world of cryptocurrency.

Silvergate Bank周四宣布的新产品标志着将传统金融与加密货币界融合的重要一步。

The bank explained that the tokenized deposits will be fully reserved and backed 1:1 by U.S. dollar demand deposits, ensuring complete regulatory compliance. Users will be able to deposit and withdraw funds directly through the bank's existing infrastructure, and the tokens will be issued, transferred, and redeemed for bank customers in a regulatory compliant manner.

该银行解释说，令牌化的存款将由美元需求存款完全保留和支持1：1，以确保完全的监管合规性。用户将能够通过银行现有的基础架构直接存入和撤回资金，并将以法规规定的方式向银行客户颁发，转让和兑换代币。

The introduction of these stablecoins follows the recent approval of tokenized demand-deposit accounts by the Federal Reserve and the U.S. Treasury. The move is expected to open up new avenues for innovation and capital flows within the crypto ecosystem.

这些Stablecoins的引入遵循美联储和美国财政部最近批准了代币的需求销售帐户。预计此举将为加密生态系统内的创新和资本流提供新的途径。

"We are proud to be the first U.S. bank to introduce fully-reserved and compliant stablecoins on a permissionless blockchain," said L.A. Silvergate's CEO, in a statement. "This innovation provides our bank customers with the same high-quality products and services they've come to expect from Silvergate, in a format that can be seamlessly integrated with the crypto ecosystem."

La Silvergate的首席执行官在一份声明中说：“我们很荣幸成为第一家在无许可区块链上引入完整且合规的Stablecoins的美国银行。” “这项创新为我们的银行客户提供了与Silvergate相同的高质量产品和服务，这种格式可以与加密生态系统无缝集成。”

The launch of the first U.S. bank-issued stablecoins on Ethereum is a watershed moment in the history of digital assets. It signals a decisive shift in traditional finance toward the advantages and efficiencies of blockchain technology.

在以太坊上发起了美国第一个由美国银行签发的稳定币，这是数字资产历史上的分水岭。它标志着传统财务的决定性转变朝着区块链技术的优势和效率转变。

The implications of this development are far-reaching, potentially leading to more efficient cross-border payments, seamless integration of DeFi protocols with traditional finance, and ultimately, a more inclusive and accessible financial system for all.

这一发展的含义是深远的，有可能导致更有效的跨境支付，将Defi协议与传统金融的无缝整合，最终是所有人更具包容性和更容易获得的财务系统。

Bitcoin’s price held steady on Thursday, as analysts hotly debated whether the traditional four-year halving cycle, known for sparking massive rallies, is dead.

比特币的价格在周四稳定，分析师激烈争论是否以激发大规模集会而闻名的传统的四年减半周期死亡。

Bitcoin’s (BTC) price is usually prone to big price swings, but it remained relatively flat over the past 24 hours, according to crypto market updates. At press time, BTC’s price was at $46,134 and it had risen by less than 1%.

根据加密市场的更新，比特币（BTC）的价格通常容易出现大价格波动，但在过去的24小时内相对平稳。发稿时，BTC的价格为46,134美元，涨幅不到1％。

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