美国证券交易委员会周四表示，根据联邦法律，它不会将大多数“模因硬币”归类为证券

美国证券交易委员会周四表示，根据联邦法律，它不会将大多数“模因硬币”归类为证券

The US Securities and Exchange Commission will not classify most “meme coins” as securities under federal law, the regulator said on Thursday, making a significant shift in its approach to cryptocurrency.

监管机构周四表示，根据联邦法律，美国证券交易委员会不会将大多数“模因硬币”归类为证券，这在其加密货币的方法上发生了重大变化。

The SEC’s Division of Corporation Finance said in a staff statement that meme coins, which are inspired by internet memes and trends, are primarily purchased by individuals for entertainment and social purposes.

美国证券交易委员会（SEC）的公司财务部在一份员工声明中说，受互联网模因和趋势启发的模因硬币主要是由个人购买的，用于娱乐和社会目的。

Moreover, the meme coins do not provide the potential for investing in a common enterprise with reasonable efforts to be made by the issuer, or a third party engaged by the issuer, to increase their value.

此外，模因硬币并没有为发行人或发行人参与的第三方做出的合理努力以提高其价值而进行投资的潜力。

“Accordingly, the staff generally concludes that such meme coins would not be considered securities,” the SEC said.

SEC说：“因此，工作人员通常得出结论认为，这种模因硬币不会被视为证券。”

The move departs from the SEC’s previous stance, which saw former chair Gary Gensler push for meme coins to be treated as securities due to their close ties to online communities and potential for price manipulation.

此举偏离了SEC先前的立场，该立场使前主席Gary Gensler推动了Meme硬币作为证券，因为它们与在线社区有着密切的联系，并进行了价格操纵的潜力。

However, the SEC’s new chair Mark Uyeda, appointed by President Donald Trump earlier this year, has signaled a shift in policy.

但是，由唐纳德·特朗普总统任命的SEC的新主席马克·乌耶达（Mark Uyeda）表示，政策的转变。

“It’s time for the Commission to rectify its approach and develop crypto policy in a more transparent manner,” Uyeda said in a statement.

乌耶达在一份声明中说：“现在是时候以更透明的方式纠正其方法并制定加密政策了。”

The SEC’s announcement comes amid other developments in the crypto space, including the launch of Trump’s own meme coin, $TRUMP, which has since lost billions in value, and the dismissal of the SEC’s lawsuit against Coinbase (NASDAQ:COIN).

SEC的宣布是在加密货币领域的其他发展中发布的，包括发行特朗普自己的模因硬币，特朗普$，此后损失了数十亿美元的价值，以及对SEC针对Coinbase（NASDAQ：COIN）的诉讼的驳回。

The SEC had sued Coinbase and another crypto exchange, Binance, for operating without registering with the regulator, part of a broader crackdown on the industry that began last year.

SEC起诉了Coinbase和另一项加密交易所Binance，以在没有在监管机构的情况下进行注册，这是对去年开始的行业的更广泛镇压的一部分。

The SEC’s move to provide guidance on meme coins comes after years of uncertainty, with varying interpretations among staff members.

SEC向模因硬币提供指导的举动是在多年的不确定性之后进行的，工作人员之间的解释不同。

The staff said it will not comment on offerings that deviate from the described characteristics or appear to be attempting to evade U.S. securities laws.

工作人员表示，将不会对偏离所描述特征或似乎试图逃避美国证券法的产品发表评论。

“The staff may also determine to comment on an offering if, based on the facts and circumstances presented, it appears that the manner in which the offering is being conducted may facilitate or encourage fraudulent activity,” the SEC said.

美国证券交易委员会说：“工作人员还可以决定发表发表的发表，如果根据所提出的事实和情况，看来正在进行的产品的方式可能有助于或鼓励欺诈活动。”