唐纳德·特朗普（Donald Trump）总统最近推进了他的倡议，以建立美国“加密战略储备”

建立加密战略储备是特朗普总统更广泛的议程的一部分，将美国定位为“世界的加密之都”

President Donald Trump has recently advanced his initiative to establish a U.S. “Crypto Strategic Reserve,” a move that signifies a significant policy shift towards integrating cryptocurrencies into the nation’s financial framework. On January 23, 2025, he signed Executive Order 14178, titled “Strengthening American Leadership in Digital Financial Technology.”

唐纳德·特朗普（Donald Trump）总统最近提出了建立美国“加密战略储备”的倡议，该举动表示旨在将加密货币整合到美国财务框架中的重大政策转变。 2025年1月23日，他签署了14178年的行政命令，标题为“加强美国在数字金融技术方面的领导力”。

The establishment of the Crypto Strategic Reserve is part of President Trump’s broader agenda to position the U.S. as the “Crypto Capital of the World,” indicating a departure from previous administrations’ cautious approaches toward cryptocurrencies.

建立加密战略储备是特朗普总统更广泛的议程的一部分，该议程将美国定位为“世界的加密之都”，这表明与以前的政府对加密货币的谨慎态度有所不同。

This executive order directs the U.S. Treasury Secretary to select and invest in a portfolio of principal cryptocurrencies, taking into account factors such as market capitalization, liquidity, technological innovation, and macroeconomic stability. The Treasury Secretary will also be responsible for coordinating with relevant government agencies, such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), to ensure efficient administration and reporting on the Strategic Reserve.

该行政命令指示美国财政部长选择和投资主要加密货币的投资组合，考虑到市值，流动性，技术创新和宏观经济稳定性等因素。财政部长还将负责与相关政府机构（例如美国证券交易委员会（SEC）和商品期货交易委员会（CFTC））协调，以确保有效的管理和报告战略储备。

The types and amounts of cryptocurrencies to be included in the Strategic Reserve will be determined by the Treasury Secretary in consultation with the National Economic Council (NEC) and other relevant government officials.

战略储备中要包含的加密货币的类型和数量将由财政部长与国家经济委员会（NEC）和其他相关政府官员协商。

The executive order further mandates the development of a federal regulatory framework for digital assets within 180 days, aiming to provide clarity and promote responsible growth in the cryptocurrency sector. This regulatory initiative will be undertaken by the Treasury Department, in coordination with the SEC, CFTC, and other financial regulators.

行政命令进一步要求在180天内开发用于数字资产的联邦监管框架，旨在提供清晰度并促进加密货币行业的负责任增长。该监管倡议将由美国国债部与SEC，CFTC和其他金融监管机构协调。

To facilitate open dialogue and foster collaboration, the White House will host a cryptocurrency summit within 30 days, bringing together prominent figures from the crypto industry, relevant government officials, and academics to discuss pressing issues and best practices in digital asset technology and regulation.

为了促进公开对话和寄养合作，白宫将在30天内举办加密货币峰会，将加密货币行业，相关政府官员和学者的杰出人物汇集在一起​​，讨论数字资产技术和监管的紧迫问题和最佳实践。

This move comes as the U.S. seeks to maintain its economic competitiveness in the face of emerging technologies and global economic shifts. The establishment of a national cryptocurrency reserve signals the administration’s recognition of the growing importance of digital assets in the 21st century financial landscape.

这一举动是因为美国试图在面对新兴技术和全球经济转变时保持其经济竞争力。建立国家加密货币储备表明，政府对21世纪金融环境中数字资产的重要性日益重要。

The announcement of the U.S. Crypto Strategic Reserve has sparked discussions regarding its potential political motivations, particularly in relation to garnering support from cryptocurrency advocates.

美国加密战略储备的宣布引发了关于其潜在政治动机的讨论，尤其是与加密货币倡导者获得的支持有关。

Throughout his political career, Trump has displayed mixed views on cryptocurrencies, previously labeling them as volatile and unregulated. During his 2024 campaign, he accepted digital asset donations and pledged to create a federal Bitcoin stockpile if elected.

在他的整个政治生涯中，特朗普对加密货币表现出不同的看法，此前将其标记为动荡和不受监管。在2024年的竞选期间，他接受了数字资产捐赠，并承诺如果当选，则承诺创建一个联邦比特币库存。

This pivot signaled an attempt to secure support from the cryptocurrency community and signaled a shift in his stance. Now that Trump has taken office, this order to set up a crypto reserve may appear to be a fulfillment of his campaign promises.

这个枢纽表示试图获得加密货币社区的支持，并表明他的立场发生了变化。现在，特朗普已经上任，这个建立加密货币储备的命令似乎是他的竞选承诺的实现。

Additionally, both President Trump and First Lady Melania Trump have launched their own coins:

此外，特朗普总统和第一夫人梅拉尼亚·特朗普都发起了自己的硬币：

The direct involvement of the President and First Lady in launching these cryptocurrencies has sparked ethical concerns, as they could potentially benefit from higher crypto prices driven by pro-crypto policies.

总统和第一夫人在推出这些加密货币方面的直接参与引发了道德问题，因为它们有可能受益于由Pro-Crypto政策驱动的更高加密价格。

Aides have confirmed that President Trump holds an undisclosed coin, reportedly a small stake in a Trump-branded cryptocurrency launched last year to raise funds for his 2024 campaign. Meanwhile, the First Lady launched her own coin in December 2024 to support her own endeavors.

助手们已经确认，特朗普总统拥有一枚未公开的硬币，据报道，去年推出的特朗普品牌的加密货币中的一笔小股份是为他的2024年竞选活动筹集资金。同时，第一夫人于2024年12月推出了自己的硬币，以支持自己的努力。

These ventures have led to accusations of conflicts of interest, with critics arguing that holding significant stakes in these coins while influencing cryptocurrency policy presents clear ethical dilemmas.

这些冒险导致了对利益冲突的指控，批评家认为，在影响加密货币政策的同时，在这些硬币中持有大量股份，这带来了明确的道德困境。

Ethics experts have also raised concerns about potential violations of the Constitution’s emoluments clause, which prohibits federal officials from receiving benefits or emoluments, such as salaries, wages, or other forms of compensation, from foreign entities without congressional approval.

道德专家还提出了对宪法埃默尔条款的潜在违反行为的担忧，该条款禁止联邦官员获得未经国会批准的外国实体的收益或埃默尔（例如薪金，工资或其他形式的薪酬）。

The administration’s involvement in these coins and its broader actions in the cryptocurrency space are likely to continue to be subject to scrutiny from legal scholars and good-government groups.

政府参与这些硬币及其在加密货币领域的更广泛的行动可能会继续受到法律学者和良好政府团体的审查。

While the announcement of the U.S. Crypto Strategic Reserve is one thing, its execution is another. Questions remain about whether these assets will be used to diversify the U.S. reserves or if they will constitute a relatively minor portion.

虽然宣布美国加密战略储备是一回事，但其执行是另一回事。关于这些资产是否将用于使美国储备多样化或它们构成相对较小的部分的问题仍然存在。

Skeptics also question the legitimacy of the order. As an executive order, it carries the weight of law but can be set aside by future administrations.

怀疑论者还质疑该命令的合法性。作为行政命令，它承担了法律的重量，但可以由未来的行政部门搁置。

While the establishment of the Strategic Reserve does not require immediate congressional approval, significant funding allocations or legislative changes would likely require congressional involvement. The durability of this initiative depends on political dynamics and future priorities.

虽然建立战略储备不需要立即获得国会批准，但大量资金分配或立法变更可能需要国会参与。该计划的持久性取决于政治动态和未来的优先事项。

One clear directive is the development of a federal regulatory framework for digital assets within 180 days. To further these objectives, the White House is set to host its first cryptocurrency summit on March 7, 2025, featuring prominent crypto industry figures and members of the Presidential Working Group on Digital Assets.

一个明确的指令是在180天内开发用于数字资产的联邦监管框架。为了实现这些目标，白宫将于2025年3月7日举行首次加密货币峰会，其中包括著名的加密行业人物和数字资产总统工作组的成员。

The U.S. Congress is also making progress in the cryptocurrency space. The House Financial Services Committee is set to vote on March 5, 2025, on a bipartisan bill that would create a framework for regulating stablecoins and place the supervision of crypto firms with more than $1

美国国会也在加密货币领域取得进展。众议院金融服务委员会定于2025年3月5日通过两党法案进行投票，该法案将创建一个框架，以调节稳定的稳定公司，并将其监督放置超过1美元以上的加密货币公司的监督