美国众议院金融服务委员会检查了下一个框

美国众议院金融服务委员会检查了下一个框，朝着代表布莱恩·史蒂尔（Bryan Steil）称为“下半场”的代表

The U.S. House Financial Services Committee checked another box on Wednesday in moving toward what Representative Bryan Steil called the “second half” of President Donald Trump's crypto agenda: a bill to set U.S. crypto market rules for a fully regulated domestic industry.

美国众议院金融服务委员会在周三检查了另一个框，朝着代表布莱恩·史蒂尔（Bryan Steil）称为唐纳德·特朗普总统的加密议程“下半年”的框架：一项法案：一项为全受监管的国内工业制定了美国加密货币市场规则的法案。

Steil, the Republican chairman of the panel's crypto subcommittee, said that the first half of Trump's goal is well underway — Congress' stablecoin legislation that's already advanced through committees in both the House and Senate — so the hearing explored the other long-awaited digital assets bill to establish the structure of crypto markets. Such hearings represent a rung on such an effort's climb through Congress.

该小组加密货币小组委员会的共和党主席史蒂尔（Steil）表示，特朗普的上半年的目标是良好的 - 国会的稳定立法已经通过众议院和参议院的委员会提出，因此听证会探索了另一个期待已久的数字资产法案，以建立加密市场的结构。这样的听证会代表了这样一个努力通过国会的攀登。

And those working on the bill are closer to releasing a successor to the Financial Innovation and Technology for the 21st Century Act (FIT21), the House legislation that passed last year but failed to progress through the Senate, according to panel members.

根据小组成员的说法，从事该法案的人更接近释放21世纪法案（FIT21）的金融创新和技术的继任者，这是去年通过但未能通过参议院进行的众议院立法。

"The committee has engaged with a wide range of stakeholders, from government agencies to leaders in the ecosystem to identify ways market structure legislation can be further refined and strengthened," said Representative French Hill, the Arkansas Republican who runs the overall committee.

主持整体委员会的阿肯色州共和党人法国共和党人说：“从政府机构到生态系统的领导者，委员会已经与广泛的利益相关者互动，以确定可以进一步完善市场结构立法的方式。”

"We're actively working to release a legislative discussion draft that reflects that feedback from members and market participants."

“我们正在积极地发布一项立法讨论草案，以反映成员和市场参与者的反馈。”

Democrats on the committee returned repeatedly to the crypto business activity of Trump and his family, questioning industry lawyers about whether it represents a conflict of interest.

委员会的民主党人反复返回特朗普及其家人的加密业务活动，向行业律师询问这是否代表利益冲突。

Representative Maxine Waters, the committee's ranking Democrat, accused the panel of trying to make Trump "the king of crypto by passing legislation that lets him corner the market on stablecoins, kick George Washington off the dollar and make his own stablecoin."

该委员会排名的民主党代表麦克辛·沃特斯（Maxine Waters）指责小组试图通过通过立法使特朗普“成为加密货币之王，这使他能够在稳定的股份上脱颖而出，将乔治·华盛顿（George Washington）从美元上脱颖而出，并创造了自己的稳定者。”

The witnesses mostly declined to engage on Trump, though a consumer advocate testifying on Wednesday, Alexandra Thornton, a senior director at the Center for American Progress, noted "there have been a number of things that the Trump administration has done that have favored crypto, and they include many that you mentioned, but also letting go of many enforcement staff, dropping many cases against crypto."

目击者大多拒绝参与特朗普，尽管消费者倡导周三作证，美国进步中心的高级主任亚历山德拉·桑顿（Alexandra Thornton）指出：“特朗普政府所做的一些有利于加密货币的事情已经有很多事情，他们提到了许多您提到的，但也让许多执法人员放弃了许多反对Crypto案件。”

The lawmakers also drilled down on the proper roles of the Securities and Exchange Commission and the Commodity Futures Trading Commission in future crypto oversight, and how Congress should define which regulatory buckets should handle the different digital assets.

立法者还介绍了证券和交易委员会以及商品期货贸易委员会在未来的加密监督中的适当角色，以及国会应如何定义哪些监管存储桶应处理不同的数字资产。

In recent years, the SEC's interpretation of how to use securities law to identify which crypto tokens are securities left the industry in legal confusion and mired in enforcement disputes, despite some early guidance from the agency on how to negotiate legal standards.

近年来，SEC对如何使用证券法来确定哪些加密代币是证券的解释使该行业陷入了法律困惑和陷入执法纠纷中，尽管该机构有一些关于如何谈判法律标准的早期指导。

"Market participants have still found it challenging to apply," said Tiffany Smith, who works with crypto clients at law firm WilmerHale. She added that the definitions become even more complicated when the bulk of crypto transactions happen on secondary markets, such as on crypto exchanges. "Regulatory clarity is needed," she said.

蒂法尼·史密斯（Tiffany Smith）说：“市场参与者仍然发现申请具有挑战性。”她补充说，当大部分加密交易发生在二级市场（例如加密交易所）上时，这些定义变得更加复杂。她说：“需要清晰度。”

The subcommittee's counterpart within the House Agriculture Committee had a related hearing on Wednesday morning, aimed at advancing a market-structure bill. That committee oversees the CFTC, which is likely to have a leading role in the policing of U.S. crypto transactions.

众议院农业委员会内的小组委员会的同行在周三上午举行了相关的听证会，目的是推进市场结构法案。该委员会负责监督CFTC，该委员会在美国加密交易的警务中可能具有领导作用。