在现任民主党政府领导下，美国成功的加密货币初创公司比例已急剧下降至 20%

The United States’ share of successful crypto startups has sharply declined to 20% under the current Democratic administration, according to data reported by Alliance, a prominent crypto founder network. This marks a significant drop from approximately 80% in 2022.

根据著名加密货币创始人网络 Alliance 报告的数据，在当前民主党政府的领导下，美国成功的加密货币初创公司的比例已大幅下降至 20%。这与 2022 年的约 80% 相比大幅下降。

The decline is largely attributed to increasing regulatory challenges and scrutiny from federal agencies, particularly the U.S. Securities and Exchange Commission (SEC). Over the past year, the SEC has launched several investigations into various crypto entities, including some of the most well-known players in the industry, such as OpenSea, Coinbase, and Uniswap.

这一下降主要归因于联邦机构，特别是美国证券交易委员会（SEC）日益增加的监管挑战和审查。在过去的一年里，SEC 对各种加密实体发起了多项调查，其中包括一些业内最知名的参与者，例如 OpenSea、Coinbase 和 Uniswap。

Recently, OpenSea, a leading NFT marketplace, received a Wells Notice from the SEC. The notice, typically a precursor to formal charges, suggested that the digital collectibles traded on the platform might be classified as securities.

最近，领先的 NFT 市场 OpenSea 收到了 SEC 的 Wells 通知。该通知通常是正式指控的先兆，表明在该平台上交易的数字收藏品可能被归类为证券。

OpenSea’s CEO, Devin Finzer, expressed surprise at the SEC’s stance, stating,

OpenSea 首席执行官 Devin Finzer 对 SEC 的立场表示惊讶，他表示：

“We’re shocked the SEC would make such a sweeping move against creators and artists.”

“我们对美国证券交易委员会会对创作者和艺术家采取如此全面的行动感到震惊。”

The company has vowed to challenge the SEC’s position, arguing that its products should not be considered securities.

该公司发誓要挑战美国证券交易委员会的立场，认为其产品不应被视为证券。

Another major decentralized finance (DeFi) protocol, Uniswap, has also come under the SEC’s scrutiny, facing a probe into its operations.

另一个主要的去中心化金融（DeFi）协议 Uniswap 也受到了 SEC 的审查，面临对其运营的调查。

Similarly, Coinbase and Binance, two of the largest cryptocurrency exchanges, have encountered regulatory hurdles from the agency.

同样，最大的两家加密货币交易所 Coinbase 和 Binance 也遇到了该机构的监管障碍。

These actions by the SEC are perceived by industry insiders as a potential threat to innovation within the crypto sector.

业内人士认为 SEC 的这些行动对加密行业的创新构成了潜在威胁。

“It would be a terrible outcome if creators stopped making digital art because of regulatory saber-rattling,” Finzer warned.

芬泽警告说：“如果创作者因为监管方面的武力威胁而停止创作数字艺术，那将是一个可怕的结果。”

The political context surrounding the SEC’s actions is also a point of discussion. Some in the industry interpret the SEC’s aggressive stance as a possible challenge to former President Donald Trump, who has recently entered the NFT space with a new series of digital collectibles. If the SEC’s claims that certain NFTs are securities hold, Trump’s NFT venture could face legal difficulties.

围绕 SEC 行动的政治背景也是一个讨论点。一些业内人士将 SEC 的激进立场解读为对前总统唐纳德·特朗普的可能挑战，后者最近带着一系列新的数字收藏品进入了 NFT 领域。如果 SEC 声称某些 NFT 属于证券持有，那么特朗普的 NFT 企业可能会面临法律困难。

In response to the current regulatory environment, Ripple’s Chief Legal Officer, Stuart Alderoty, referenced a historical precedent from 1976, noting that

为了应对当前的监管环境，Ripple 首席法务官 Stuart Alderoty 引用了 1976 年的历史先例，指出

“In 1976, the SEC ruled that art galleries, even when promoting and selling to buyers that had investment motives, didn’t need to register with the SEC.”

“1976年，美国证券交易委员会裁定，即使画廊向有投资动机的买家进行推销和出售，也无需在美国证券交易委员会注册。”

This historical context suggests that the SEC’s current approach might face challenges in court, particularly concerning the classification of NFTs.

这一历史背景表明，SEC 目前的做法可能会在法庭上面临挑战，特别是在 NFT 分类方面。

Political dynamics are further influencing the crypto landscape in the U.S. Vice President Kamala Harris’s attempts at a crypto reset have yet to yield noticeable results, while former President Trump’s pro-crypto stance is gaining traction among certain voter segments. Trump has promised a Bitcoin strategic reserve and is reportedly involved in various crypto-related projects, such as a DeFi initiative hinted at by his son, Donald Trump Jr.

政治动态正在进一步影响加密货币格局，美国副总统卡马拉·哈里斯 (Kamala Harris) 的加密货币重置尝试尚未产生明显结果，而前总统特朗普的支持加密货币立场正在某些选民群体中获得关注。特朗普承诺建立比特币战略储备，据报道还参与了各种与加密货币相关的项目，例如他的儿子小唐纳德·特朗普暗示的 DeFi 计划。

The sharp decline in the U.S. share of successful crypto startups is causing concern among industry participants. Qiao Wang, co-founder of Alliance, attributed this slump to the current regulatory environment under Democratic leadership.

美国成功的加密货币初创公司比例急剧下降引起了行业参与者的担忧。 Alliance联合创始人王桥将这种下滑归因于当前民主党领导下的监管环境。

“Four more years of gaslighting by the Democrats and there will be zero good crypto startups left in the US,” Wang stated.

王表示：“如果民主党再继续四年，美国优秀的加密初创公司将为零。”

Wang’s comments reflect a broader sentiment within the industry that the current regulatory approach could drive innovation and entrepreneurial activity away from the U.S., potentially benefiting other countries with more favorable regulatory environments.

王的评论反映了行业内更广泛的观点，即当前的监管方式可能会导致创新和创业活动远离美国，从而有可能使拥有更有利监管环境的其他国家受益。