新鲜的微风流过美国加密监管的走廊

在唐纳德·特朗普（Donald Trump）晋升为总统职位之后，监管格局目睹了地震迁移，尤其是在美国证券交易委员会（SEC）的监视下。

Fresh breeze fills the corridors of crypto regulation in the US as the new administration of Donald Trump ushers in an era of change.

在变革时代，唐纳德·特朗普（Donald Trump）的新政府将新的微风填补了美国加密监管的走廊。

Following the departure of former chair Gary Gensler, Mark Uyeda has taken the helm of the Securities and Exchange Commission (SEC) in a role that promises to be pivotal for the future of crypto.

前主席加里·贡斯勒（Gary Gensler）离开后，马克·乌耶达（Mark Uyeda）担任美国证券交易委员会（SEC）的掌舵人，担任保证对加密货币的未来至关重要的职务。

With a stated focus on a lighter touch and less regulation-by-enforcement, the interim chair is poised to guide the SEC in a new direction.

据称着重于轻巧的触摸和逐个执法的法规，临时椅子有望指导SEC朝着新的方向前进。

This shift in strategy comes at a crucial time, especially considering the recent spate of litigation cases.

战略的这种转变是在关键时期的，尤其是考虑到最近的诉讼案件。

Large digital asset platforms like Coinbase, Binance, and Kraken have been frequent subjects of the SEC’s scrutiny. However, recent developments have seen several of these cases dismissed.

Coinbase，Binance和Kraken等大型数字资产平台经常是SEC审查的主题。但是，最近的事态发展已驳回了其中一些案件。

A key voice in this realignment is Hester Peirce, commissioner at the SEC.

SEC的专员Hester Peirce是此重新调整中的关键声音。

Her insights into the stifling nature of litigation and the limited scope of enforcement as a policymaking tool have been instrumental in shaping the shift toward a more nuanced approach.

她对诉讼的令人窒息的性质的见解以及作为政策制定工具的有限执行范围有助于塑造向更细微的方法的转变。

Highlighting the importance of striking a balance, Peirce notes the recent dismissal of Coinbase’s case and the pending approval of several crypto ETFs. She cautions against the twin-headed hydra of ambiguity in regulations, which threatens both innovation and talent migration.

皮尔斯（Peirce）强调了达到平衡的重要性，并指出了最近驳回了Coinbase案件和几个加密ETF的待定批准。她警告说，在法规中，对双头九头蛇的歧义，这威胁到创新和人才迁移。

Crucially, the restructuring extends beyond mere policy shifts.

至关重要的是，重组超出了仅仅政策的转变。

Key personnel changes, such as the reassignment of Jorge Tenreiro, head of the SEC’s technology department, to a broader role in internal programs and administrative support, signals a broader realignment.

关键人员的变化，例如SEC技术部负责人豪尔赫·特雷罗（Jorge Tenreiro）在内部计划和行政支持中发挥更广泛的作用，这表明了更广泛的重新调整。

This realignment is aimed at fostering collaboration between regulators and innovators.

这种重组旨在促进监管机构与创新者之间的合作。

It remains to be seen how this will unfold, but the intent is clear: to create an environment that is conducive to both compliance and innovation.

这将如何发展还有待观察，但意图很明确：创建一个有利于合规性和创新的环境。

Industry figures like Michael Saylor, leader of Strategy, are already weighing in on the implications.

战略领导人迈克尔·塞勒（Michael Saylor）等行业人物已经在影响这一影响。

Saylor highlights the shift from a "punitive" to a "constructive" engagement with industry. This, he adds, will be critical for the U.S. to become a pacesetter in the new digital economy.

Saylor强调了从“惩罚性”到与行业的“建设性”互动的转变。他补充说，这对于美国成为新数字经济中的杰出人士至关重要。

American crypto enthusiasts are expressing optimism.

美国加密爱好者表达了乐观。

The Trump administration’s known pro-crypto stance and signals from the White House point toward a strong interest in fostering growth and innovation.

特朗普政府已知的亲克赖特托立场和白宫的信号表明，人们对促进增长和创新产生了强烈的兴趣。

Early signs of this transformation are already emerging.

这种转变的早期迹象已经出现。

The SEC’s blotter shows a series of dismissed litigations against major players. These include Consensys, known for its Web3 technology, and Robinhood, the popular stock trading platform that recently expanded into crypto. Another notable case is Uniswap, a decentralized exchange platform.

SEC的印迹显示了一系列针对主要参与者的诉讼。其中包括以其Web3技术而闻名的共识，以及Robinhood，这是最近扩展到加密货币的流行股票交易平台。另一个值得注意的情况是Uniswap，一个分散的交换平台。

Furthermore, the climate appears ripe for the approval of crypto Exchange Traded Funds (ETFs), with several applications currently pending.

此外，气候似乎已经成熟，可以批准加密交易所交易基金（ETF），目前有几项申请正在待处理。

This move would open up new avenues for investors to participate in the crypto market in a more accessible manner.

此举将为投资者提供新的途径，以更容易获得的方式参与加密市场。

As the narrative unfolds, the winds of change within the SEC appear to be setting a course toward a more balanced and visionary approach to crypto regulation.

随着叙述的展开，SEC内的变化之风似乎正在为更平衡，更具远见的加密法规的方法树立了一条课程。

Investors and innovators are eagerly anticipating the full scope of this transformation and its implications for the future of finance.

投资者和创新者急切地期待这种转型的全部范围及其对财务未来的影响。