加密货币空间特别是在美国看到很大的变化

特别是在美国的加密货币领域，由于监管转变和重大收购成为头条新闻。

Major developments in the U.S. cryptocurrency landscape include Circle’s acquisition of Hashnote, DP World’s stablecoin initiative, and a new SEC approach to crypto regulation.

美国加密货币景观的主要发展包括Circle对Hashnote的收购，DP World的Stablecoin倡议以及新的SEC加密法规方法。

Key Takeaways

关键要点

– Circle Internet Group, a leading fintech firm, has acquired Hashnote, the issuer of the tokenized money market fund USYC.

- 领先的金融科技公司Circle Internet Group已收购了USYC的标记货币市场基金的发行人Hashnote。

– With $1.52 billion deployed in USYC as of January 15, 2025, the acquisition enhances Circle’s stablecoin offerings by combining USYC with USDC.

- 截至2025年1月15日，在USYC中部署了15.2亿美元，通过将USYC与USDC相结合来增强Circle的Stablecoin产品。

– This move will allow seamless access between yield-earning collateral and one of the world’s most widely used stablecoins.

- 此举将允许在收益收益和世界上使用最广泛的稳定稳定性之一之间无缝访问。

– The acquisition is a crucial step in the growth of tokenized finance, with USYC becoming a preferred form of collateral on crypto exchanges, custodians, and prime brokers.

- 此次收购是令牌融资增长的关键一步，欧洲统治者成为加密交易所，托管人和主要经纪人的首选抵押品形式。

– Circle is cementing its role in institutional crypto adoption, especially through its strategic partnership with DRW-affiliate Cumberland, which is further strengthening tokenized cash and money markets as core financial tools.

- Circle巩固了其在机构加密采用中的作用，尤其是通过与Drw-Aclociate Cumberland的战略合作伙伴关系，该公司正在进一步加强令牌化现金和货币市场作为核心金融工具。

– Global logistics giant DP World is using stablecoins to fix inefficiencies in cross-border payments, especially for businesses in emerging markets like Africa and Asia.

- 全球物流巨头DP World正在使用Stablecoins来解决跨境支付的效率低下，尤其是对于非洲和亚洲等新兴市场的企业。

– Many of these businesses face slow settlements and limited access to financing, which DP World aims to tackle by working with financial institutions from Singapore, India, and the UAE to create a stablecoin-powered payment system.

- 这些企业中的许多业务面临缓慢的定居点和有限的融资访问权限，DP World的目标是通过与新加坡，印度和阿联酋的金融机构合作来建立一个稳定的支付系统来解决。

– The initiative will reduce costs, increase transparency, and shorten transaction times, with blockchain technology as its foundation to facilitate faster and more efficient trade settlements.

- 该倡议将降低成本，提高透明度并缩短交易时间，区块链技术是其基础，以促进更快，更有效的贸易解决方案。

– This move aligns with DP World’s larger mission to enhance global trade flows and create a more inclusive financial ecosystem.

- 此举与DP世界更大的使命相吻合，以增强全球贸易流量并创建更具包容性的金融生态系统。

– The U.S. Securities and Exchange Commission (SEC) has signaled a shift in its approach to cryptocurrency regulation under the new administration, with Acting Chair Mark T. Uyeda launching a crypto task force.

- 美国证券交易委员会（SEC）表明，在新政府下，其加密货币法规的方法发生了变化，代理主席马克·T·乌耶达（Mark T. Uyeda）发起了加密货币工作队。

– Focused on providing clear regulatory frameworks rather than strict enforcement, the task force will be led by Commissioner Hester Peirce, who is known for her pro-innovation stance.

- 专注于提供明确的监管框架，而不是严格执法，由专员Hester Peirce领导，Hester Peirce专员以其亲密创新立场而闻名。

– The SEC is moving away from enforcement-led regulation and shifting toward structured guidance for digital assets, bringing optimism to the crypto industry.

- SEC正在摆脱由执法主导的监管，转向对数字资产的结构化指导，从而为加密货币行业带来乐观。

– Clearer registration processes and disclosure requirements will replace regulatory uncertainty, streamlining the entry of crypto firms into the U.S. market.

- 更清晰的注册过程和披露要求将取代监管不确定性，从而简化加密公司进入美国市场。

– In another significant policy shift, the SEC has repealed Staff Accounting Bulletin 121 (SAB 121), a controversial guidance that imposed stringent accounting rules on digital asset custodians.

- 在另一个重大的政策转变中，SEC废除了员工会计公告121（SAB 121），这是一个有争议的指导，对数字资产保管人施加了严格的会计规则。

– The repeal should make it easier for financial institutions to engage with cryptocurrencies, boosting confidence among institutional investors, especially in the wake of crypto exchange FTX’s collapse.

- 废除应该使金融机构更容易与加密货币互动，增强机构投资者之间的信心，尤其是在加密交易所FTX崩溃之后。

– By removing barriers that restricted crypto firms, the SEC aims to encourage responsible adoption of digital assets, with this regulatory rollback being part of broader efforts to position the U.S. as a global leader in blockchain innovation while keeping investor protection at the forefront.

- 通过消除限制加密货币公司的障碍，SEC旨在鼓励负责任地采用数字资产，而这种监管回滚是将美国作为区块链创新的全球领导者的更广泛努力的一部分，同时将投资者保护在最前沿。

– President Donald Trump has issued an executive order that bans the development of a U.S. central bank digital currency (CBDC).

- 唐纳德·特朗普（Donald Trump）总统发布了一项行政命令，禁止开发美国中央银行数字货币（CBDC）。

– The order cites concerns over financial sovereignty, privacy risks, and potential government overreach, especially in the wake of stablecoin booms and busts.

- 该命令涉及财务主权，隐私风险以及潜在的政府过度责任，尤其是在稳定的繁荣和萧条之后。

– With the U.S. stepping back from CBDC development, China and Europe are now leaders in this space. The digital yuan and the proposed digital euro could set global standards for central bank-issued digital currencies.

- 随着美国从CBDC开发后退，中国和欧洲现在是该领域的领导者。数字人民币和拟议的数字欧元可以为中央银行发行的数字货币设定全球标准。

– This move also raises questions about the future role of stablecoins, which could serve as an alternative to CBDCs if properly regulated.

- 此举还引发了有关稳定币的未来作用的疑问，如果适当调节，可以作为CBDC的替代方案。

The Trump administration is taking a proactive stance on crypto, trying to resolve long-running regulatory uncertainties. Key appointments, such as a potential future SEC Chair nominee and an AI and crypto advisor, indicate a shift toward a more industry-friendly regulatory environment.

特朗普政府正在对加密货币采取积极的立场，试图解决长期运行的监管不确定性。关键任命，例如潜在的未来SEC主席提名人和AI和加密助理顾问，表明向更友好的行业监管环境转变。

Several bills under discussion in Congress could redefine the roles of the SEC and the Commodity Futures Trading Commission (CFTC) in regulating digital assets. The goal is to establish clear rules that encourage innovation while safeguarding investors. The industry is watching these developments, as they will shape the future of crypto markets in the U.S.

国会讨论的几项法案可以重新定义SEC和商品期货贸易委员会（CFTC）在规范数字资产中的作用。目的是制定明确的规则，鼓励创新，同时维护投资者。该行业正在关注这些发展，因为它们将塑造美国加密货币市场的未来

One of the most debated issues in crypto regulation has been whether the SEC or the CFTC should oversee digital assets. Under former SEC Chair Gary Gensler, the agency aggressively pursued enforcement actions against crypto firms. Many industry participants preferred the CFTC’s approach, viewing it as more favorable for innovation.

加密法规中最讨论的问题之一是SEC或CFTC是否应监督数字资产。在前美国证券交易委员会主席Gary Gensler的领导下，该机构积极采取针对加密货币公司的执法行动。许多行业参与者更喜欢CFTC的方法，认为这对创新更有利。

New legislative proposals, such as the Financial Innovation and Technology Act and the Responsible Financial Innovation Act, aim to clarify the jurisdiction of both agencies. If passed, these laws could end regulatory uncertainty and provide clearer pathways for crypto businesses to operate legally in the U.S.

新的立法提案，例如《金融创新法》和《负责任的金融创新法》，旨在阐明这两个机构的管辖权。如果通过，这些法律可能会终止监管不确定性，并为加密企业在美国合法运作提供更清晰的途径