SEC 主席敦促加密行业欢迎透明度和合规性

在哥伦比亚法学院的一次演讲中，SEC 主席加里·詹斯勒 (Gary Gensler) 批评加密货币行业逃避注册要求并阻碍透明度。他强调需要强制披露以保护投资者和消毒市场。 Gensler 的言论反映了 SEC 和加密行业之间持续的紧张关系，加密行业在加强执法行动的同时寻求更明确的监管。

SEC Chair Urges Crypto Industry to Embrace Transparency and Compliance

SEC 主席敦促加密行业拥抱透明度和合规性

In a comprehensive critique of the cryptocurrency market, Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC), has taken aim at the evasion of regulatory registration requirements by certain crypto market participants. Delivering a keynote address at Columbia Law School on March 22, Gensler painted a stark picture of an industry that has not fully embraced the principles of transparency and mandatory disclosure.

美国证券交易委员会（SEC）主席加里·根斯勒（Gary Gensler）对加密货币市场进行了全面批评，矛头直指某些加密货币市场参与者规避监管注册要求的行为。 3 月 22 日，Gensler 在哥伦比亚法学院发表主题演讲时，描绘了一个尚未完全接受透明度和强制披露原则的行业的严峻景象。

Avoidance of Registration Undermines Market Integrity

回避注册破坏市场诚信

Gensler highlighted the troubling practice of some crypto entities seeking to skirt the SEC's registration requirements, thereby avoiding the mandatory disclosure obligations that come with it. This avoidance, he argued, directly undermines the integrity and transparency of the market, leaving investors exposed to potential harm.

Gensler 强调了一些加密货币实体试图规避 SEC 注册要求，从而避免随之而来的强制披露义务的令人不安的做法。他认为，这种回避直接破坏了市场的完整性和透明度，使投资者面临潜在的伤害。

"These crypto intermediaries do not want to register. They do not want transparency. They do not want investor protection,"Gensler said. "But what these crypto intermediaries want doesn't matter."

“这些加密货币中介机构不想注册。他们不想要透明度。他们不想要投资者保护，”Gensler 说。 “但这些加密货币中介想要什么并不重要。”

Gensler's remarks underscore the ongoing tension between the SEC and the crypto industry, which has been marked by calls for clearer regulations and the SEC's firm stance on enforcement.

Gensler 的言论凸显了 SEC 与加密货币行业之间持续的紧张关系，其特点是要求更明确的监管以及 SEC 对执法的坚定立场。

Transparency as a Market Disinfectant

透明度作为市场消毒剂

Echoing the words of Supreme Court Justice Louis Brandeis, Gensler asserted that "sunlight is said to be the best of disinfectants," emphasizing the importance of mandatory disclosure practices within the crypto market.

Gensler 呼应最高法院法官 Louis Brandeis 的说法，声称“阳光被认为是最好的消毒剂”，并强调了加密货币市场中强制披露做法的重要性。

"I believe that mandatory disclosure would be a disinfectant for this market," Gensler said. "It would give investors the information they need to make informed decisions."

“我相信强制披露将成为这个市场的消毒剂，”詹斯勒说。 “它将为投资者提供做出明智决策所需的信息。”

This stance comes against the backdrop of the SEC's increased enforcement actions against major crypto firms, such as Kraken, Binance, Ripple, and Coinbase, all of which have heightened the demand for more definitive regulatory guidelines.

这一立场是在 SEC 对 Kraken、Binance、Ripple 和 Coinbase 等主要加密货币公司加强执法行动的背景下提出的，所有这些都增加了对更明确的监管指南的需求。

Regulatory Actions and Industry Response

监管行动和行业反应

The SEC's aggressive regulatory approach, which has included efforts to potentially classify Ethereum (Ether) as a security, has sparked a significant reaction from the crypto community. Advocacy groups and crypto companies have pressed the SEC for clearer "rules of the road" to foster innovation within the United States.

美国证券交易委员会激进的监管方法，其中包括可能将以太坊（Ether）归类为证券的努力，引起了加密货币社区的强烈反应。倡导团体和加密货币公司已向美国证券交易委员会施压，要求其制定更明确的“道路规则”，以促进美国境内的创新。

Meanwhile, the SEC has continued to expand its reach into the crypto space, approving several crypto-tied exchange-traded products, including those linked to Ether (ETH) and Bitcoin futures, as well as the first spot Bitcoin (BTC) exchange-traded funds in January.

与此同时，美国证券交易委员会继续扩大其在加密货币领域的影响力，批准了几种与加密货币相关的交易所交易产品，包括与以太坊（ETH）和比特币期货相关的产品，以及第一个现货比特币（BTC）交易所交易产品。一月份的资金。

Conclusion: A Critical Phase in Crypto Regulation

结论：加密货币监管的关键阶段

Gary Gensler's call for enhanced transparency and adherence to regulatory standards in the crypto industry highlights a critical phase in the ongoing dialogue between regulators and the cryptocurrency sector. As the SEC maintains its rigorous oversight, the demand for clear and conducive regulatory frameworks grows, underscoring the complex relationship between innovation and regulation in the evolving digital asset landscape.

加里·詹斯勒 (Gary Gensler) 呼吁提高加密行业的透明度并遵守监管​​标准，这突显了监管机构与加密货币行业之间正在进行的对话的关键阶段。随着 SEC 保持严格的监管，对清晰、有利的监管框架的需求不断增长，突显了不断发展的数字资产格局中创新与监管之间的复杂关系。

"We need to see more transparency and more accountability," Gensler said. "We need to see more crypto markets come into compliance with the law."

“我们需要看到更多的透明度和更多的问责制，”詹斯勒说。 “我们需要看到更多的加密市场遵守法律。”

The SEC's determination to bring transparency and regulatory compliance to the crypto market is a significant development that will have far-reaching implications for the industry's future. It remains to be seen whether the crypto community will embrace these principles or continue to resist the regulatory embrace. However, one thing is clear: the era of unregulated crypto is drawing to a close.

美国证券交易委员会决心为加密货币市场带来透明度和监管合规性，这是一项重大进展，将对行业的未来产生深远影响。加密货币社区是否会接受这些原则或继续抵制监管还有待观察。然而，有一点是明确的：不受监管的加密货币时代即将结束。