加密市场监管清晰度被认为是数字资产行业增长的最佳催化剂

受访者中有86％的人说，他们有数字资产的暴露或计划在2025年进行分配，而84％的人表示，他们对加密货币的分配增加了

A new survey by crypto exchange Coinbase (COIN) and consulting firm EY-Parthenon (EYP) has identified regulatory clarity as the main catalyst for growth in the digital asset industry.

Crypto Exchange Coinbase（Coin）和咨询公司Ey-Parthenon（EYP）的一项新调查已将监管清晰度确定为数字资产行业增长的主要催化剂。

The report, released on Thursday, is based on a survey of 352 institutional investors in the U.S., Europe and Asia-Pacific. The interview period was January 13 to 24.

该报告于周四发布，基于对美国，欧洲和亚太地区352个机构投资者的调查。面试期是1月13日至24日。

Among those surveyed, 86% said they had exposure to digital assets or planned to make allocations by 2025. A vast majority, 84%, said they had increased allocations to crypto and crypto-related products in 2024.

在接受调查的人中，有86％的人表示，他们已经接触了数字资产或计划到2025年进行分配。绝大多数，84％，他们在2024年对加密货币和与加密相关的产品的分配增加了。

Of those surveyed, 59% planned to allocate more than 5% of their assets under management to cryptocurrencies in 2025. Among hedge funds, that figure rose to 79%.

在接受调查的人中，有59％的人计划在2025年分配超过5％的资产为加密货币。在对冲基金中，这一数字上升到79％。

An improving regulatory backdrop is viewed as a large tailwind for the digital asset industry, according to the report.

该报告称，改进的监管背景被视为数字资产行业的巨大逆风。

The President has promised to make the U.S. the “crypto capital of the world,” and his administration has been working on creating clear regulatory frameworks for the industry.

总统已承诺将美国成为“世界的加密之都”，他的政府一直在努力为行业创建明确的监管框架。

“We are focused on making sure that the United States remains the leading financial technology center of the world and that we don’t cede that to another country,” Trump said at the White House last month.

特朗普上个月在白宫说：“我们专注于确保美国仍然是世界领先的金融技术中心，并且我们不会将其归结为另一个国家。”

The administration has also been working on reducing the tax burden on crypto investors.

政府还一直致力于减轻加密投资者的税收负担。

In April, the administration proposed a rate of 15% on cryptocurrency gains realized by individuals and trusts, in a departure from capital gains tax rates that vary based on an investor’s income level and how long they hold an investment.

4月，政府提出，个人和信托的加密货币收益的利率为15％，这是由于资本利得税率而偏离的，这些税率根据投资者的收入水平以及他们持有投资的时间而有所不同。

The move came after members of Congress had pushed for a lower tax rate on crypto to encourage investment in the nascent technology.

此举是在国会议员推动对加密货币的税率较低的税率来鼓励对新生技术进行投资的情况之后进行的。

The administration’s proposal is part of a broader effort to adjust the tax code and raise revenue to reduce the federal deficit.

政府的提议是调整税法并提高收入以减少联邦赤字的更广泛努力的一部分。

Congress will ultimately decide on the tax rate for cryptocurrency gains.

国会最终将决定加密货币收益的税率。

Altcoins are also becoming increasingly popular amongst institutional investors, according to the survey. 73% of respondents said they held tokens other than bitcoin (BTC) and ether (ETH), led by hedge funds at 80%.

调查显示，在机构投资者中，山寨币也越来越受欢迎。 73％的受访者表示，除了对冲基金为80％以外，他们持有以外的标记（BTC）和Ether（ETH）。

Among the altcoins that investors are interested in include tokens used in decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and metaverse projects.

在投资者感兴趣的Altcoins中，包括用于分散融资（DEFI）协议，无牙代币（NFTS）和Metaverse项目的代币。

Coinbase and EYP also found that about half of the institutional investors surveyed said they leverage stablecoins, with yield generation, transactions, and foreign exchange cited as the main use cases.

Coinbase和EYP还发现，受调查的机构投资者中，大约一半的投资者表示，他们利用了稳定的稳定者，其中产量产生，交易和外汇被认为是主要用例。

Among institutional investors in Europe, 60% said they preferred to gain exposure to crypto via registered vehicles such as exchange-traded products (ETPs). In the U.S., 54% of respondents said they planned to use mutual funds, while 44% said they planned to invest via a private credit fund.

在欧洲的机构投资者中，有60％的人表示，他们宁愿通过注册车辆（例如交易所交易产品（ETP））获得加密货币的接触。在美国，有54％的受访者表示他们计划使用共同基金，而44％的受访者表示，他们计划通过私人信贷基金进行投资。