SEC将模因硬币排除在证券分类之外，声称它们没有价值

美国证券交易所（SEC）委员会于2月27日在公司融资司任职于2月27日，宣布Meme硬币不是证券，声称其没有任何基本价值或职能。

The U.S. Securities and Exchange (SEC) Commission has announced that meme coins are not securities, according to a report by CCN.

根据CCN的报告，美国证券交易所（SEC）委员会已宣布模因硬币不是证券。

The Division of Corporate Finance at the SEC stated that meme coins don't have any underlying value or function, rendering them distinct from traditional securities. However, SEC Commissioner Caroline Crenshaw expressed disagreement with this conclusion.

SEC的公司融资部表明，模因硬币没有任何基本价值或功能，使它们与传统证券不同。但是，SEC专员卡罗琳·克伦肖（Caroline Crenshaw）对这一结论表示了分歧。

Crenshaw, a Democrat, argued that the agency is overstepping its jurisdiction and should not exclude meme coins from SEC oversight. She further contends that the SEC has not provided an adequate definition of a meme coin, let alone made an argument for rejecting them as securities.

民主党人克伦肖（Crenshaw）辩称，该机构正在超越其管辖权，不应将模因硬币排除在SEC监督之外。她进一步辩称，SEC尚未提供对模因硬币的适当定义，更不用说拒绝其作为证券的论点了。

"The guidance offers no clear definition," remarked Crenshaw, "from law or even a basic dictionary. It generally describes a meme coin as an asset reflective of online or social trends, of speculative value, that tends to experience high volatility. But these are near universal hallmarks of crypto assets."

克伦肖（Crenshaw）说：“该指南没有明确的定义，“法律甚至是基本词典。它通常将模因硬币描述为反映在线或社会趋势的资产，具有投机性价值，往往会经历高波动性。但是，这些依据是加密货币资产的普遍标志。”

The Division of Corporate Finance reasoned that meme coins are mainly driven by speculation, trends, and social media promotion, while traditional securities like stocks and bonds are driven by part ownership in a company and income derived from dividends. The division also expressed concern over the criminal element surrounding meme coins, requiring other agencies, rather than the SEC, to monitor such issues.

公司财务部门认为，模因硬币主要是由投机，趋势和社交媒体促进驱动的，而股票和债券（如股票和债券）的驱动是由公司的一部分所有权和股息获得的收入所驱动的。该部门还对围绕模因硬币的犯罪要素表示关注，这些犯罪要素要求其他机构而不是SEC来监视此类问题。

Meme coins are cryptocurrencies that were created as internet memes or jokes. They are typically spread through social media as trends, and they fundamentally hold no real-world value. Owners usually buy meme coins for fun or speculation.

模因硬币是作为互联网模因或笑话创建的加密货币。它们通常会通过社交媒体作为趋势传播，并且从根本上没有现实世界的价值。业主通常会购买模因硬币以进行娱乐或猜测。

"In this regard, meme coins are akin to collectibles," stated the SEC division, adding that they have "limited or no use or functionality."

SEC部门说：“在这方面，模因硬币类似于收藏品。”他补充说，它们“有限或没有用途或功能”。

"Given the speculative nature of meme coins, they tend to experience significant market price volatility, and often are accompanied by statements regarding their risks and lack of utility, other than for entertainment or other non-functional purposes."

“鉴于模因硬币的投机性质，除了出于娱乐或其他非功能目的外，它们往往会经历大量的市场价格波动，并且经常伴随着有关其风险和缺乏效用的陈述。”

Recent examples of meme coins include $TRUMP and $MELANIA tokens, which were inspired by the Trump presidential campaign. These tokens aim to take advantage of the recent hype surrounding U.S. politics, but they only serve to highlight the absurdity of the concept, as they hold no intrinsic value.

最近的模因硬币的例子包括$ trump和$ melania代币，这是受特朗普总统竞选活动的启发。这些代币的目的是利用最近围绕美国政治的炒作，但它们只能强调该概念的荒谬性，因为它们没有内在的价值。

Since the concept began, there has been an explosion of meme coins. The tokens often have no underlying value and are of little use as cryptocurrencies. In this respect, they do seem to resemble trading cards or other types of collectibles.

自从概念开始以来，模因硬币就爆炸了。令牌通常没有基本价值，几乎没有用作加密货币。在这方面，它们似乎确实类似于交易卡或其他类型的收藏品。

The SEC's announcement comes as politicians are trying to introduce regulations against creating meme coins. Californian politician Sam Liccardo is aiming to prevent elected officials from launching or promoting meme coins. The move is in response to the Trump token, which oscillated wildly and could be used by politicians to enrich themselves and defraud the public.

SEC的宣布是因为政客试图提出反对制作模因硬币的法规。加利福尼亚政治家萨姆·利卡多（Sam Liccardo）的目标是防止当选官员推出或推广模因硬币。此举是为了回应特朗普的代币，该代币震撼人心，政客可以用来丰富自己和欺骗公众。