加密法律师协会致当选总统特朗普的一封信

在去年纳什维尔比特币会议上的主题演讲中，您承诺如果再次当选，将使美国成为世界加密货币之都

As President-Elect Trump prepares to return to office on Monday, a group of crypto law practitioners have penned a letter to him outlining regulatory policies that they believe will help the United States become the crypto capital of the world.

在当选总统特朗普准备周一重返办公室之际，一群加密货币法律从业者给他写了一封信，概述了他们认为将有助于美国成为世界加密货币之都的监管政策。

“In your keynote address at the Bitcoin conference in Nashville last year, you pledged to make the United States the crypto capital of the world if re-elected for a second term,” the letter begins. “As you return to the presidential office this Monday, we write to you as practicing members of the crypto law bar to recommend regulatory policies that will help you to achieve that goal.”

信中写道：“在去年纳什维尔比特币会议上的主题演讲中，您承诺如果连任，将使美国成为世界加密货币之都。” “当您本周一返回青瓦台时，我们写信给您，作为加密法律师协会的执业成员，向您推荐监管政策，以帮助您实现这一目标。”

The signatories go on to argue that the United States is “naturally positioned to lead the world in [crypto's] development,” but that regulators have “until now refused to adapt existing laws to digital assets and the blockchains that underpin them (or even to explain why not), and created an unfavorable business environment that has driven many entrepreneurs and developers abroad.”

签署者继续辩称，美国“自然有能力在[加密货币]的发展方面引领世界”，但监管机构“迄今为止拒绝将现有法律适用于数字资产和支撑它们的区块链（甚至拒绝对数字资产和区块链进行调整）”。解释为什么不），并创造了不利的商业环境，驱使许多企业家和开发商出国。”

To remedy this situation, the lawyers propose that the Trump administration pursue forward-looking policies across three areas:

为了改变这种情况，律师们建议特朗普政府在三个领域推行前瞻性政策：

- Supporting U.S. companies

- 支持美国公司

- Promoting crypto values such as privacy, disintermediation, and decentralization

- 推广隐私、去中介化和去中心化等加密价值

- Cultivating a favorable business environment domestically.

——在国内培育良好营商环境。

In the first area, the signatories suggest that the administration support U.S.-based businesses in the crypto industry by providing "clear rules of the road and proper regulatory guidance." They also recommend that Congress resist giving the U.S. securities laws an overbroad application, and that it be bold in its approach to crypto regulation, which includes not feeling bound by prior legislative efforts and also charting a unique path forward for the United States.

在第一个领域，签署者建议政府通过提供“明确的规则和适当的监管指导”来支持加密行业的美国企业。他们还建议国会不要对美国证券法给予过于广泛的应用，并在加密货币监管方面采取大胆的做法，其中包括不受到先前立法努力的束缚，并为美国制定独特的前进道路。

“General rules of the road,” they write, “are necessary, but your administration should also urge Congress and the relevant agencies to address specific sectors due to their strategic importance to the crypto industry and the nation. These include stablecoins, TradFi integration, and DeFi.”

他们写道：“一般规则是必要的，但你的政府也应该敦促国会和相关机构解决特定部门的问题，因为它们对加密行业和国家具有战略重要性。其中包括稳定币、TradFi 集成和 DeFi。”

In terms of fostering innovation through a commitment to crypto values, the lawyers argue that regulatory policy must show respect for crypto values, including privacy, disintermediation, and decentralization. They identify two key regulatory principles that arise from this commitment:

在通过对加密价值的承诺来促进创新方面，律师们认为，监管政策必须尊重加密价值，包括隐私、去中介化和去中心化。他们确定了这一承诺产生的两个关键监管原则：

1. Regulation should not impose greater burdens on crypto where traditional analogs exist.

1. 监管不应给存在传统类似物的加密货币施加更大的负担。

2. Regulation should evolve where traditional analogs are absent.

2. 监管应该在传统类似方式缺失的地方不断发展。

“When it comes to treating crypto the same as traditional assets and tools,” they continue, “the first principle impacts products like self-custody wallets, which enable users to hold and manage their own private keys. Because these tools are analogous to physical wallets used for personal asset management, they should not be treated any differently.”

他们继续说道：“当谈到将加密货币视为与传统资产和工具相同时，第一个原则会影响自我托管钱包等产品，这些产品使用户能够持有和管理自己的私钥。由于这些工具类似于用于个人资产管理的实体钱包，因此不应对它们进行任何区别对待。”

The signatories also discuss the importance of treating crypto differently where traditional analogs are absent, arguing that this principle demands regulators resist placing crypto actors and activities into legacy frameworks that are incompatible with crypto.

签署者还讨论了在传统类似物不存在的情况下以不同方式对待加密货币的重要性，认为这一原则要求监管机构抵制将加密货币参与者和活动放入与加密货币不兼容的遗留框架中。

“Regrettably, this is the path that many U.S. regulators have chosen,” they write. “The IRS has begun treating crypto front-ends as “brokers” absent statutory authority. The Department of Justice has begun charging non-custodial wallet developers with unlicensed money-transmission violations despite its longstanding policy to the contrary. And the U.S. Treasury has sanctioned the smart contract of privacy mixer Tornado Cash even though it is neither a foreign person nor property, but merely code. (An appellate court overturned the sanction.)”

“遗憾的是，这是许多美国监管机构选择的道路，”他们写道。 “美国国税局已开始将加密货币前端视为缺乏法定权力的“经纪人”。尽管长期以来的政策与此相反，但司法部已开始对非托管钱包开发商收取未经许可的资金传输违规行为的指控。美国财政部批准了隐私混合器 Tornado Cash 的智能合约，尽管它既不是外国人，也不是财产，而只是代码。 （上诉法院推翻了这一制裁。）”

Finally, the lawyers urge the Trump administration to create a welcoming business environment for crypto companies in the U.S. They recommend that the administration end the de-banking of crypto companies, improve SEC rule-making and enforcement, roll back punitive tax rules, and reduce unnecessary red tape.

最后，律师们敦促特朗普政府为美国的加密货币公司创造一个欢迎的商业环境。他们建议政府结束对加密货币公司的去银行化，改善美国证券交易委员会的规则制定和执行，取消惩罚性税收规则，并减少不必要的繁文缛节。

“In pursuing the above forward-looking policies, we encourage your administration to consult with industry leaders and remain sensitive to the transnational scope of the digital asset ecosystem,” the letter concludes. “We also recommend leveraging devices, such as regulatory sandboxes, that limit the risk of unintended regulatory consequences. The time is ripe for the United States to begin asserting its global regulatory leadership. By ensuring that it does, your administration will be contributing to the country’s future economic prosperity and endorsing a technology that rests on deeply held American values and freedoms. You should seize the moment.”

信中总结道：“在推行上述前瞻性政策时，我们鼓励贵政府与行业领导者进行磋商，并对数字资产生态系统的跨国范围保持敏感。” “我们还建议利用监管沙箱等设备，以限制意外监管后果的风险。美国开始维护其全球监管领导地位的时机已经成熟。通过确保这一点，您的政府将为国家未来的经济繁荣做出贡献，并支持一项基于美国根深蒂固的价值观和自由的技术。你应该抓住时机。”

The letter was signed by the following members of the Crypto Law Bar: Ivo Entchev, Olta Andoni, Stephen Rutenberg, Donna Redel, Mike Bacina, Joe Carlasare, Eli Cohen, Mike Frisch, Jason Gottlieb, Eric Hess, Katherine Kirkpatrick, Dan McAvoy, John McCarthy, Margaret Rosenfeld, Gabriel Shapiro, Ben Snipes, Noah Spaulding, Andrea Tinianow, Jenny Vatrenko, Collin Woodward, and Rafael Yakobi. The views represented and reflected upon are those of the signatories and not necessarily of their employers.

这封信由加密法律师协会的以下成员签署：Ivo Entchev、Olta Andoni、Stephen Rutenberg、Donna Redel、Mike Bacina、Joe Carlasare、Eli Cohen、Mike Frisch、Jason Gottlieb、Eric Hess、Katherine Kirkpatrick、Dan McAvoy、约翰·麦卡锡、玛格丽特·罗森菲尔德、加布里埃尔·夏皮罗、本·斯奈普斯、诺亚·斯波尔丁、安德里亚·蒂尼亚诺、珍妮瓦特连科、科林·伍德沃德和拉斐尔·雅科比。所代表和反映的观点是签署者的观点，不一定是其雇主的观点。