美国证券交易委员会（SEC）正在考虑将XRP分类为商品

SEC关于加密货币的裁决将对整个行业产生重大影响。

The U.S. Securities and Exchange Commission (SEC) is considering classifying XRP as a commodity in its ongoing settlement talks with Ripple, according to a report by FOX.

福克斯的一份报告显示，美国证券交易委员会（SEC）正在考虑将XRP分类为与Ripple的持续和解谈判中的商品。

The major point of dispute in the settlement talks concerns XRP’s commodity characteristics stemming from its utility, along with its trading behavior. According to the SEC, Ether (ETH) started as an Initial Coin Offering before becoming a commodity through its time-based evolution.

解决方案中的主要争议重点是XRP的商品特征源于其效用以及其交易行为。根据SEC的说法，Ether（ETH）最初是作为初始硬币提供的，然后通过其基于时间的进化成为商品。

However, the SEC, along with the Federal Reserve Banks, is evaluating if XRP should be recognized as a commodity exchange instead of a security. The regulation status of XRP depends on whether the regulators decide it is a security or a commodity.

但是，SEC与联邦储备银行一起评估XRP是否应被认为是商品交易所而不是担保。 XRP的监管状态取决于监管机构是否决定其是安全性还是商品。

The SEC is comparing Ether to XRP in its calculus, and the ruling about cryptocurrency would create significant effects for the entire industry.

SEC在其微积分中与XRP进行了比较，有关加密货币的裁决将对整个行业产生重大影响。

The Conditions That Could Lead the SEC to Classify XRP as a Commodity Like Ether

可能导致SEC将XRP归类为Ether这样的商品的条件

The SEC is considering the conditions that could lead their legal team to classify XRP as a commodity similar to ETH. An XRP reclassification may trigger new regulatory measures for other cryptocurrencies across the board.

SEC正在考虑可能导致法律团队将XRP归类为类似于ETH的商品的条件。 XRP重新分类可能会触发全面其他加密货币的新调节措施。

Chief Technology Officer David Schwartz from Ripple shared his perspectives through the social media platform X. Schwartz stated that ETH experienced private sales before its blockchain launched, whereas XRP had no such sales activity. The SEC might heavily consider the separation made between XRP and ETH when formulating its judgment.

Ripple的首席技术官David Schwartz通过社交媒体平台X分享了他的观点。Schwartz表示，ETH在其区块链推出之前经历了私人销售，而XRP没有这种销售活动。 SEC在制定其判断时可能会大量考虑XRP和ETH之间的分离。

The regulation status of XRP depends on whether the regulators decide it is a security or a commodity.

XRP的监管状态取决于监管机构是否决定其是安全性还是商品。

The major point of dispute in the settlement concerns the characteristics of the token that could lead to it being viewed as a commodity.

解决方案中的主要争议重点是代币的特征，可能导致它被视为商品。

According to the SEC, ETH started as an ICO before becoming a commodity through its time-based evolution.

根据SEC的说法，ETH是作为ICO开始的，然后通过其基于时间的发展成为商品。

The apex court ruled that the crypto tokens sold during the fundraising were securities but later transitioned into commodities as they were traded publicly.

最高法院裁定，在筹款期间出售的加密代币是证券，但后来在公开交易时过渡到商品。

The apex court also ruled that the crypto tokens sold during the fundraising were securities but later transitioned into commodities as they was traded on exchanges.

最高法院还裁定，在筹款期间出售的加密代币是证券，但后来在交易所交易时过渡到商品。

The Importance Of Judge Analisa Torres’s Ruling

Analisa Torres法官的裁决的重要性

Analisa Torres's ruling recognized XRP as distinct from the other cryptocurrency types.

Analisa Torres的统治认为XRP与其他加密货币类型不同。

The varsity is setting the deadline of April 16, 2025, to file its appellant brief.

校队正在设定2025年4月16日的截止日期，以提交其上诉摘要。

The apex court also ruled that the crypto tokens sold during the fundraising were securities but later transitioned into commodities as they was traded on exchanges.

最高法院还裁定，在筹款期间出售的加密代币是证券，但后来在交易所交易时过渡到商品。

The varsity is setting the deadline of April 16, 2025, to file its appellant brief.

校队正在设定2025年4月16日的截止日期，以提交其上诉摘要。

The SEC faces an increasingly complex enforcement situation because Judge Analisa Torres recognized XRP as distinct from the other cryptocurrency types.

SEC面临越来越复杂的执法情况，因为Analisa Torres法官认为XRP与其他加密货币类型不同。

Analisa Torres's ruling recognized XRP as distinct from the other cryptocurrency types.

Analisa Torres的统治认为XRP与其他加密货币类型不同。

This case will establish important legal principles for the whole crypto industry.

此案将为整个加密行业建立重要的法律原则。

The classification of XRP as a commodity would possibly decrease regulatory limitations.

将XRP分类为商品可能会降低监管局限性。

The varsity could encounter additional legal battles because its classification remains as a security.

校队可能会遇到其他法律斗争，因为其分类仍然是安全性。

The crypto community is closely following the SEC's forthcoming actions.

加密社区正在紧密遵循SEC即将采取的行动。

The decision could impact not only the varsity but also the broader cryptocurrency market.

该决定不仅可能影响大学，而且会影响更广泛的加密货币市场。