Coinbase的艺术，时尚和娱乐中心。在南卡罗来纳州退出对加密交易所共同案件的积累诉讼后几天，肯塔基州已成为第三个折叠的州

在南卡罗来纳州退出对加密交易所共同案件的积累诉讼后几天，肯塔基州已成为第三个州的第三个州，以折叠

Just days after South Carolina backed off its lawsuit against crypto exchange Coinbase over staking, Kentucky has become the third state in as many weeks to withdraw from the case, following Vermont’s exit last month.

在南卡罗来纳州退出对加密交易所Coinbase的诉讼之后几天，肯塔基州在上个月退出后，肯塔基州已成为撤离该案数周的第三个州。

The Kentucky Department of Financial Institutions filed a joint stipulation of dismissal on Monday, effectively ending its legal action over Coinbase’s staking services, which were previously accused of violating state securities laws.

肯塔基州金融机构周一对解雇进行了联合规定，有效地结束了对Coinbase的股权服务的法律诉讼，该服务此前曾被指控违反了州证券法。

"Congress needs to end this litigation-driven, state-by-state approach with a federal market structure law ASAP," Coinbase Chief Legal Officer Paul Grewal posted on X.

Coinbase首席法律官Paul Grewal在X上张贴：“国会需要通过联邦市场结构法律结束这种诉讼驱动的，逐态的方法。”

The case against Coinbase was originally part of a multistate effort launched the same day the U.S. Securities and Exchange Commission (SEC) sued the exchange in June 2023. It's part of a broader crackdown by the SEC on the crypto industry, asserting that many crypto products, including staking, should register with the agency.

针对Coinbase的案件最初是在美国证券交易委员会（SEC）于2023年6月起诉该交易所的同一天发起的多态努力的一部分。这是SEC对加密货币行业的更广泛镇压的一部分，声称许多加密产品（包括Staking）在内的许多加密产品都应向该机构注册。

However, the agency decided to drop its case against Coinbase in February, paving the way for several states to follow suit.

但是，该机构决定在2月对Coinbase撤销其案件，为几个州效仿的道路铺平了道路。

“One by one, in just a few short months, states across the country and party lines are standing up for consumers and sound law,” Paul Grewal, Coinbase’s Chief Legal Officer, told Decrypt. “Kentucky’s dismissal of its case against Coinbase, in rapid succession after Vermont and South Carolina, is a win for customers, innovation, and economic opportunity.”

Coinbase首席法律官Paul Grewal告诉Decrypt：“在短短几个月内，在短短几个月内，全国各地的各地都支持消费者和合理的法律。” “在佛蒙特州和南卡罗来纳州之后，肯塔基州驳回了对Coinbase的案件，这是客户，创新和经济机会的胜利。”

State regulators had been maintaining that Coinbase’s staking program amounted to a securities offering that lacked the necessary registration under state laws.

州监管机构一直在坚持认为，Coinbase的Staking计划等于在州法律下缺乏必要注册的证券。

Coinbase was essentially acting like an investment vehicle without proper registration or investor disclosures by pooling and delegating customer tokens in proof-of-stake networks, according to the regulators.

根据监管机构的说法，Coinbase本质上是在没有适当注册或投资者披露的情况下，通过将客户令牌汇总和委派在商品证明网络中的情况下进行的投资工具。

Vermont exited the case on March 14, citing the dismissal of the federal lawsuit and the potential for clearer national regulation.

佛蒙特州于3月14日解雇了联邦诉讼和更清晰的国家法规的潜力，佛蒙特州于3月14日撤职。

South Carolina followed days later, with Grewal noting that its residents lost an estimated $2 million in staking rewards due to the ban.

几天后，南卡罗来纳州随后，格雷瓦尔（Grewal）指出，由于禁令，其居民估计损失了200万美元的积分奖励。

The latest dismissal continues a trend of state-level enforcement pullbacks following the SEC’s own February decision to dismiss its case against Coinbase.

在SEC 2月份决定驳回其针对Coinbase案件的决定之后，最新的解雇继续了州级执法撤回的趋势。

Combined with new federal guidance under SEC Acting Chair Mark Uyeda, who has taken a more conciliatory stance toward crypto, these developments suggest a shift in regulatory strategy.

结合SEC代理主席马克·乌耶达（Mark Uyeda）的新联邦指导，对加密货币采取了更和解的立场，这些事态发展表明监管战略发生了变化。

“This is not just a victory for us, but for American consumers,” Grewal said last week after South Carolina dropped its lawsuit. “We hope it’s a sign of things to come in the few states left that restrict staking.”

“这不仅是我们的胜利，而且对美国消费者而言。”南卡罗来纳州上周放弃诉讼后的格雷瓦尔说。 “我们希望这是在限制限制股份的几个州中发生的事情的迹象。”

As of now, seven states—California, New Jersey, Illinois, Washington, Alabama, Maryland, and Wisconsin—still have pending enforcement actions against Coinbase.

截至目前，七个州 - 加利福尼亚，新泽西州，伊利诺伊州，华盛顿，阿拉巴马州，马里兰州和威斯康星州 - 仍在针对Coinbase的执法行动。

Pro-Crypto Bill Gains Ground In Kentucky

Pro-Crypto Bill在肯塔基州获得地面

Kentucky’s decision to dismiss the Coinbase lawsuit comes shortly after Governor Andy Beshear signed House Bill 701 into law. This landmark bill is designed to safeguard the digital asset rights of Kentuckians.

肯塔基州驳回Coinbase诉讼的决定是在州长Andy Beshear签署了701号法案后不久。该具有里程碑意义的法案旨在保护肯塔基人的数字资产权利。

HB701 affirms that self-custody of crypto is legal, and explicitly states that activities like mining, staking, and running blockchain nodes are not subject to state securities laws. It also protects node operators and exempts staking rewards from state money transmitter rules.

HB701确认，加密货币的自我观念是合法的，并且明确指出，采矿，积分和运行区块链节点等活动不受州证券法的约束。它还保护节点运营商并免除State Rewards不受国家货币发射机规则的影响。

Lawmakers in both the House and Senate passed the bill unanimously, showcasing rare bipartisan consensus on crypto rights.

众议院和参议院的立法者一致通过了该法案，表明了对加密权利的罕见两党共识。