SEC发布有关模因硬币分类的最终指南

模因硬币在流行文化中占有一席之地，我们有伊隆·马斯克（Elon Musk

US Securities and Exchange Commission (SEC) regulators have published a final statement regarding whether meme coin holders can expect the same protections under federal security laws as holders of other crypto asset securities.

美国证券交易委员会（SEC）监管机构发表了有关模因硬币持有人是否可以根据联邦安全法与其他加密资产证券持有人相同的保护。

The Division's explanation, which is posted on the SEC website, defined meme coins as crypto assets "inspired by internet memes, characters, current events, or trends, and typically purchased for entertainment, social interaction, and cultural purposes."

该部门的解释发布在SEC网站上，将模因硬币定义为加密资产“受互联网模因，角色，时事或趋势的启发，通常用于娱乐，社交互动和文化目的。”

It was further stated that meme coins, in most instances, have limited use or no functionality and are primarily used by promoters to drum up excitement for a specific themed coin, and to get people to buy it and engage in trading.

进一步指出，在大多数情况下，模因硬币的使用有限或没有功能，并且主要由发起人使用，以激发特定主题硬币的兴奋，并让人们购买并从事交易。

"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," the SEC said.

SEC说：“鉴于模因硬币的投机性质，它们倾向于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。”

Labelling meme coins as more of a "collectable" than an actual investment, the statement explained that a meme coin's purchasers and/or holders rarely expect to make profits off of meme coins from the "managerial efforts of others," unlike other crypto investments.

该声明解释说，将模因硬币标记为“收藏”，而不是实际的投资。

"The value of meme coins is derived from speculative trading and the collective sentiment of the market," it said.

它说：“模因硬币的价值源自投机性交易和市场的集体情绪。”

The SEC did, however, highlight the fact that even though meme coins are not subject to the same federal security laws as registered crypto assets, other U.S. federal and state agencies can still go after those who engage in fraudulent conduct when offering or selling the unique coins.

但是，SEC确实强调了一个事实，即，即使模因硬币不遵守与注册的加密资产相同的联邦安全法，但其他美国联邦和州机构仍然可以追随那些在提供或出售独特硬币时从事欺诈行为的人。

This falls in line with some of the investigations launched by the Commission in the past several years, the most publicized being a 2021 investigation and subsequent lawsuit against Elon Musk over charges of market manipulation and defrauding investors.

这与委员会在过去几年中发起的一些调查相符，最著名的是2021年的调查以及随后针对埃隆·马斯克（Elon Musk）进行的诉讼，以涉及市场操纵和欺骗投资者的指控。

In what regulators called "a Dogecoin pyramid scheme," the SEC accused Musk of falsely hyping up his followers on social media to buy up the Dogecoin, artificially inflating its value, reputation, and price. Investors who bought into the sham, eventually lost their money when the coin eventually crashed.

在监管机构称为“ Dogecoin金字塔计划”的情况下，SEC指责马斯克在社交媒体上错误地大肆宣传他的追随者，以购买Dogecoin，人为地夸大其价值，声誉和价格。买下假的投资者，当硬币最终崩溃时，最终损失了钱。

It was also noted that attempting to pass off a crypto asset as a meme coin to avoid being subject to federal security laws would also be subject to prosecution.

还指出，试图将加密货币资产作为模因硬币避免受到联邦安全法的约束，也将受到起诉。