《 2023年付款Stablecoins Act Clarity of Clarity of Clarity''

该法律旨在为与菲亚特货币（例如美元货币）相关的稳定数字资产的分配，控制和发行创建一个彻底的结构。

The U.S. House Financial Services Committee's approval of the Clarity for Payment Stablecoins Act of 2023 is a key move in shaping the narrative on digital currencies. This law aims to comprehensively structure the distribution, regulation, and issuance of stablecoins—digital assets pegged to fiat currency, such as the American dollar.

美国众议院金融服务委员会对2023年《付款稳定法案》的批准是塑造数字货币叙事的关键举动。该法律旨在全面构建稳定币的分配，法规和发行，即固定在菲亚特货币（例如美元）的数字资产。

The vote, which follows months of debate and a bipartisan discussion in the works, is a significant step toward establishing a clear regulatory framework for stablecoins in the U.S. It underscores the increasing awareness among lawmakers of the importance of stablecoins in the financial system and the need for well-defined rules to mitigate risks.

投票是在几个月的辩论和两党讨论之后进行的，这是在美国建立明确的监管框架迈出的重要一步，它强调了立法者在财务系统中对稳定剂的重要性的越来越多的认识，并且需要有规定的规则来减轻风险。

While the bill's progress is noteworthy, it has also faced political hurdles, which suggest further negotiations may be necessary before it can be passed into law.

尽管该法案的进步值得注意，但它也面临政治障碍，这表明在将其传授成法律之前可能需要进一步谈判。

About the Clarity for Payment Stablecoins Act

关于付款稳定法案的清晰度

Introduced by Representative Patrick McHenry (R-NC), the Clarity for payment stablecoins Act seeks to regulate issuers of stablecoins and protect consumers. The legislation defines stablecoins and sets forth guidelines for their creation, handling, and use.

由代表Patrick McHenry（R-NC）提出的《付款Stablecoins法案》旨在规范Stablecoins的发行人并保护消费者。该立法定义了Stablecoins并制定了其创建，处理和使用的准则。

These steps aim to ensure that issuers operate under transparent and sound policies, thereby preventing financial instability, safeguarding consumers, and fostering innovation in the stablecoin industry.

这些步骤旨在确保发行人在透明和合理的政策下运作，从而防止金融不稳定，保护消费者并促进Stablecoin行业的创新。

Legislative Advancement and Partisan Difficulties

立法进步和党派困难

The approval of the bill by the House Financial Services Committee marks a substantial turning point. However, the measure has not escaped political difficulties, which could delay its passage.

众议院金融服务委员会对该法案的批准标志着一个很大的转折点。但是，该措施并没有逃脱政治上的困难，这可能会延迟其通过。

Chairman Patrick McHenry blamed the White House for postponing negotiations, stating, "It was the White House's unwillingness to compromise that once again brought that negotiation to a halt."

董事长帕特里克·麦克亨利（Patrick McHenry）指责白宫推迟谈判，并说：“白宫不愿妥协，再次使谈判停止了。”

Conversely, the committee's top Democrat, Representative Maxine Waters (D-CA), argued that McHenry was not keen to continue bipartisan talks and expressed concerns that the measure might allow large corporations to create stablecoins without adequate control mechanisms.

相反，该委员会的最高民主党人Maxine Waters（D-CA）认为，麦克亨利并不热衷于继续两党对话，并表示担心该措施可能会使大型公司能够在没有足够控制机制的情况下创建稳定的公司。

Moreover, some lawmakers believe that the bill's state-based regulatory approach could lead to regulatory arbitrage—where issuers choose states with less stringent regulation. Despite these issues, the passage of the measure reflects a growing bipartisan consensus on the urgency of stablecoin regulation.

此外，一些立法者认为，该法案的基于州的监管方法可能会导致监管套利，在这种情况下，发行人会选择监管不太严格的州。尽管存在这些问题，但该措施的通过反映了对Stablecoin调节紧迫性的两党共识的日益增长。

Final Thoughts

最后的想法

The clarity of payment stablecoins act is a significant first step toward constructing a complete U.S. legislative framework for stablecoins. Although its development has seen substantial progress, political differences imply that further negotiations and revisions could be required.

《付款稳定法》的清晰度是为构建一个完整的美国立法框架的重要第一步。尽管其发展已经取得了重大进展，但政治分歧意味着可能需要进一步的谈判和修订。

If passed, the bill could provide consumers with critical safety measures and financial stability while offering stablecoin issuers and investors much-needed legal certainty in one of the fastest-growing sectors of the financial services industry. However, the argument over corporate stablecoin issuers, state versus federal regulation, and the Federal Reserve's role in regulating new digital assets will help to determine its future in the coming months.

如果通过了，该法案可以为消费者提供关键的安全措施和财务稳定性，同时为金融服务行业增长最快的领域之一提供Stablecoin发行人和投资者的法律确定性。但是，关于公司Stablecoin发行人，州与联邦法规以及美联储在规范新数字资产中的作用的论点将有助于确定未来几个月的未来。