CFTC撤回了两个与加密相关的员工指导，进一步简化了其加密法规的方法

美国商品期货贸易委员会（CFTC）在周五撤回了两项与加密货币相关的员工指导，进一步简化了其加密法规的方法。

The U.S. Commodity Futures Trading Commission (CFTC) on Friday withdrew two pieces of crypto-related staff guidance, further streamlining its approach to crypto regulation as part of Acting Chair Caroline Pham’s plan for the agency “get back to the basics.”

美国商品期货贸易委员会（CFTC）周五撤回了两项与加密相关的员工指导，进一步简化了其对加密货币法规的方法，这是代理主席卡罗琳·帕姆（Caroline Pham）计划“重新获得基础知识”的一部分。

The first advisory rescinded on Friday was Staff Advisory No. 18-14, Advisory with Respect to Virtual Currency Derivative Product Listings. Originally published in May 2018, the advisory established guidelines for crypto-related derivatives, including requiring reporting firms to maintain “close coordination with [the] CFTC surveillance group” and establishing a large trader reporting threshold of five bitcoins (or the equivalent value for other cryptocurrencies), among other suggestions. On Friday, the CFTC published a letter saying that “additional staff experience” and “increasing market growth” had rendered the guidance unnecessary.

周五废除的第一份咨询是第18-14号员工咨询，这是关于虚拟货币衍生产品清单的咨询。该咨询公司最初于2018年5月发布，建立了与加密相关的衍生产品的指南，包括要求报告公司维持“与CFTC监视小组的密切协调”，并在其他建议中建立了五个比特币的大型交易者报告阈值（或其他建议的等价价值）。周五，CFTC发表了一封信，称“额外的员工经验”和“不断增长的市场增长”使该指导不必要。

The second advisory, Staff Advisory No. 23-07, Review of Risks Associated with Expansion of DCO Clearing of Digital Assets, from May 2023, “emphasize[d] compliance” with CFTC regulations due to the “hieghtened cyber and other operational risks that may be associated with digital assets.” This guidance was withdrawn for another reason — to clearly treat crypto-related derivatives and their issuers fairly, the CFTC suggested. In a separate letter on Friday, the CFTC said it was rescinding Staff Advisory No. 23-07 “to ensure that it does not suggest that its regulatory treatment of digital asset derivatives will vary from its treatment of other products.”

第二次咨询第23-07号的员工咨询，从2023年5月开始，对数字资产的扩展的风险进行了审查，“强调[D]符合CFTC法规，这是由于“ Hieghten的网络和其他可能与数字资产相关的运营风险”而引起的。 CFTC建议，该指南是出于另一个原因而出于另一个原因 - 清楚地对待与加密相关的衍生产品及其发行人。 CFTC在周五的另一封信中说，它正在撤销23-07号员工咨询，以确保其不建议其对数字资产衍生品的监管处理将因其对其他产品的处理而有所不同。”

The CFTC’s sister regulatory agency, the U.S. Securities and Exchange Commission (SEC), has overhauled its approach to crypto regulation since President Donald Trump took office in January.

自1月份总统唐纳德·特朗普（Donald Trump）上任以来，CFTC的姊妹监管机构美国证券交易委员会（SEC）已大修了其加密法规的方法。

Under the new leadership of Acting Chair Mark Uyeda, the SEC has created a Crypto Task Force that has spearheaded its transformation, engaging with the industry and backing down from a host of lawsuits and investigations into crypto companies that began under the leadership of former Chair Gary Gensler.

在代理主席马克·乌耶达（Mark Uyeda）的新领导下，SEC创建了一个加密特遣部队，该特遣部队率领其转型，与该行业互动，并从一系列诉讼和调查中退缩，并调查了前主席Gary Gensler领导下的加密货币公司。

Though the SEC’s rapid transformation may be flashier, the CFTC is currently undergoing a transformation of its own, streamlining its regulatory strategy as part of Acting Chair Caroline Pham’s plan for the agency “get back to the basics.” In addition to the two pieces of dropped crypto-related guidance, the agency has rescinded other non-crypto-related staff advisories and overhauled its enforcement division, slashing a multitude of specialized enforcement teams down to just two, pledging that a simplified enforcement division would be more efficient and “stop regulation by enforcement.”

尽管SEC的迅速转型可能会更加闪烁，但CFTC目前正在自己​​进行转型，并简化了其监管策略，作为代理主席Caroline Pham计划“重新获得基础知识”的一部分。除了两部分与加密货币相关的指导外，该机构还取消了其他与非透明有关的员工咨询，并大修了其执法部门，削减了众多的专业执法团队，承诺只有两个专门的执法团队，以表明简化的执法部门将更有效，并通过执法部门“停止法规”。”

Liz Davis, a Washington, D.C.-based partner at Davis Wright Tremaine LLP and a former chief trial attorney in the CFTC’s Division of Enforcement, said she sees the two pieces of rescinded crypto guidance as in line with Pham’s “back to basics” approach to running the agency.

华盛顿特区戴维斯·赖特·特里米（Davis Wright Tremaine LLP）的合作伙伴丽兹·戴维斯（Liz Davis）是CFTC执法部门的前首席审判律师，他说，她认为这两种被撤销的加密指导指南与Pham的“ Back to Basics to Basics”方法一致。

But Davis also suggested that the changes could be tied to a larger restructuring going on at the CFTC.

但是戴维斯还建议，这些变化可能与CFTC的更大重组有关。

“They’re probably undergoing a reorganization with everything that's going on with [the Department of Government Efficiency (DOGE)],” Davis said, adding that Pham’s ongoing efforts to “centralize” the CFTC’s operations could help facilitate a reorganization.

戴维斯说：“他们可能正在与[政府效率部（Doge）]所做的一切进行重组。”他补充说，Pham正在为“集中” CFTC的运营而持续的努力可以帮助促进重组。