区块链协会、加密货币自由联盟就“交易商”定义向 SEC 提起诉讼

德克萨斯州区块链协会和加密货币自由联盟已对 SEC 提起法律诉讼，挑战其重新定义证券“交易商”的新规则。他们认为，美国证券交易委员会在没有适当透明度和程序的情况下通过该规则超出了其权力，违反了《行政程序法》。区块链协会首席执行官克里斯汀·史密斯表示，该规则是美国证券交易委员会“反数字资产十字军东征”的一部分，有可能损害美国公司并扼杀创新。

Blockchain Association and Crypto Freedom Alliance Sue SEC over Dealer Rule

区块链协会和加密货币自由联盟就经销商规则起诉 SEC

In a landmark lawsuit filed on April 23, the Blockchain Association and the Crypto Freedom Alliance of Texas have initiated legal proceedings against the United States Securities and Exchange Commission (SEC). The suit alleges that the SEC has exceeded its authority by enacting a rule that redefines the criteria for determining what constitutes a "dealer" of securities, a move that the plaintiffs argue is both "arbitrary and capricious" and in violation of the Administrative Procedure Act (APA).

在 4 月 23 日提起的一项具有里程碑意义的诉讼中，区块链协会和德克萨斯州加密货币自由联盟已对美国证券交易委员会 (SEC) 提起法律诉讼。该诉讼称，美国证券交易委员会超越其权力，制定了一项重新定义证券“交易商”构成标准的规则，原告认为此举“任意且反复无常”，并且违反了《行政程序法》 （APA）。

According to the complaint, the SEC's Dealer Rule represents an unwarranted expansion of its regulatory authority beyond the parameters established by Congress. The plaintiffs contend that the rule's redefinition of "dealer" was not supported by adequate evidence or analysis and was adopted without proper notice and comment, depriving industry participants of the opportunity to provide meaningful input.

根据诉状，美国证券交易委员会的《交易商规则》代表了其监管权限的无理扩张，超出了国会制定的范围。原告辩称，该规则对“经销商”的重新定义没有得到足够的证据或分析的支持，并且在没有适当通知和评论的情况下被采用，剥夺了行业参与者提供有意义的意见的机会。

Kristin Smith, CEO of the Blockchain Association, has condemned the rule as the latest instance of the SEC's "blatant attempts to unlawfully regulate outside its authority." She asserts that the rule "skirts legal obligations" and threatens to drive U.S. companies offshore while stifling innovation within the domestic cryptocurrency sector.

区块链协会首席执行官克里斯汀·史密斯 (Kristin Smith) 谴责该规则是美国证券交易委员会“公然试图在其权限之外进行非法监管”的最新实例。她声称，该规则“规避了法律义务”，并有可能将美国公司推向海外，同时扼杀国内加密货币行业的创新。

The lawsuit specifically seeks to invalidate the SEC's Dealer Rule on the grounds that the agency's violations of the APA have prevented industry participants from operating under clear and transparent rules. The plaintiffs argue that the rule's flawed rulemaking process has created uncertainty and confusion within the crypto industry, hampering its ability to flourish and contribute to the U.S. economy.

该诉讼特别旨在使 SEC 的《交易商规则》无效，理由是该机构违反 APA 的行为导致行业参与者无法在清晰透明的规则下运营。原告认为，该规则存在缺陷的规则制定过程在加密货币行业内造成了不确定性和混乱，阻碍了其蓬勃发展并为美国经济做出贡献的能力。

The lawsuit highlights the ongoing tensions between the SEC and the burgeoning cryptocurrency industry. The SEC has been criticized for its perceived heavy-handed approach to regulating digital assets, which some believe has hindered the development of the sector in the United States. The Blockchain Association and the Crypto Freedom Alliance are seeking to challenge this approach through legal action, arguing that the SEC's overreach is stifling innovation and undermining the growth of a promising industry.

该诉讼凸显了美国证券交易委员会和蓬勃发展的加密货币行业之间持续的紧张关系。美国证券交易委员会因其在监管数字资产方面采取的严厉手段而受到批评，一些人认为这阻碍了该行业在美国的发展。区块链协会和加密货币自由联盟正在寻求通过法律行动挑战这种做法，认为 SEC 的过度扩张正在扼杀创新并破坏一个有前途的行业的增长。

The outcome of the lawsuit will have significant implications for the future of cryptocurrency regulation in the United States. If the plaintiffs prevail, it could limit the SEC's authority to define "dealer" and impede its ability to regulate certain aspects of the crypto market. Conversely, a victory for the SEC would further entrench its role as the primary regulator of digital assets, potentially giving it greater oversight over the industry's operations.

该诉讼的结果将对美国加密货币监管的未来产生重大影响。如果原告获胜，可能会限制 SEC 定义“交易商”的权力，并妨碍其监管加密货币市场某些方面的能力。相反，美国证券交易委员会的胜利将进一步巩固其作为数字资产主要监管者的角色，并有可能使其对该行业的运营拥有更大的监督权。

As the legal battle unfolds, industry observers will be closely monitoring the proceedings to determine how it will shape the regulatory landscape for cryptocurrency in the United States and beyond.

随着法律战的展开，行业观察家将密切关注诉讼程序，以确定它将如何塑造美国及其他地区加密货币的监管格局。