特朗普在主要加密货币中杀死了Defi经纪统治：财务重新定义

提高美国加密监管清晰度将吸引更多的科技巨头进入该空间，要求现有的加密项目专注于更多的协作代币，以生存

A joint congressional resolution to overturn a Biden administration-era rule that would have required decentralized finance protocols to report transactions to the Internal Revenue Service has been signed by President Donald Trump.

唐纳德·特朗普总统签署了一项联合国会决议，以推翻拜登政府时代的规则，该决议要求分散的财务协议向国税局报告交易。

The measure, which was passed by both the House of Representatives and the Senate last month, went to Trump’s desk after a bipartisan majority in Congress voted to reject the administration-era rule, known as the DeFi broker rule.

这项措施是由众议院和参议院上个月通过的，在国会两党多数席位投票反对拒绝行政时期的统治后，去了特朗普的办公桌。

The IRS DeFi broker rule would have expanded the tax authority’s existing reporting requirements to include DeFi platforms, requiring them to disclose gross proceeds from crypto sales, including information regarding taxpayers involved in the transactions.

IRS DEFI经纪人规则将扩大税务机关现有的报告要求，以包括Defi平台，要求他们披露加密货币销售的总收入，包括有关交易涉及的纳税人的信息。

The rule, which was part of the administration’s 2024 budget proposal, was set to take effect in 2027. However, lawmakers from both parties expressed concern that it would create an undue burden on DeFi protocols and ultimately hamper innovation in the U.S. crypto sector.

该规则是政府2024年预算提案的一部分，该规则定于2027年生效。但是，来自双方的立法者表示担心它将对DEFI协议造成不适当的负担，并最终在美国加密货币部门造成伤害。

Several House members, including Representative Mike Carey, played a key role in mobilizing bipartisan support for the resolution to overturn the rule.

包括代表迈克·凯里（Mike Carey）在内的几名众议院成员在动员两党支持该决议以推翻规则方面发挥了关键作用。

“After months of working closely with my colleagues in the House, I’m thrilled that we were able to pass this critical resolution to overturn the administration’s new reporting rule that would have crippled the DeFi sector and discouraged new crypto projects from launching in the U.S.,” Carey said in a statement on April 10.

凯里在4月10日的一份声明中说：“在与众议院的同事们紧密合作后，我很高兴我们能够通过这项关键决议来推翻政府的新报告规则，该规则将使违规部门瘫痪，并阻止了新的加密货币项目在美国推出。”

“This is a huge win for crypto users and innovators across the country.”

“对于全国的加密用户和创新者来说，这是一次巨大的胜利。”

Trump formally killed the measure by signing off on the resolution, marking the first time a crypto bill has been signed into U.S. law.

特朗普通过签署决议正式杀死了这项措施，这是第一次将加密法案签署为美国法律。

“This administration rule would have created an undue burden on emerging technologies and small businesses operating in the DeFi sector,” Trump said in a statement. “The good news is that President Biden listened to members of Congress and has now agreed to undo the rule through a joint resolution of Congress, and I am pleased to sign it into law.”

特朗普在一份声明中说：“本届政府规则将对在卫生部门运营的新兴技术和小型企业产生不适当的负担。” “好消息是拜登总统听了国会议员，现在已经同意通过国会的联合决议来取消该规则，我很高兴将其签署为法律。”

Next generation of crypto must be more collaborative — Cardano founder

下一代加密必须更加协作 - 卡尔达诺创始人

The next generation of cryptocurrency projects must embrace a more collaborative approach to compete with major centralized tech companies entering the Web3 space, according to Cardano founder Charles Hoskinson.

Cardano创始人查尔斯·霍斯金森（Charles Hoskinson）表示，下一代加密货币项目必须采用更加协作的方法，与Cardano创始人Charles Hoskinson说，与进入Web3空间的主要集中技术公司竞争。

Speaking at Paris Blockchain Week 2025, Hoskinson said one of the main criticisms of the crypto and decentralized finance space is its “circular economy,” which often means that the rally of a specific cryptocurrency is bolstered by funds exiting another token, limiting the growth of the whole industry.

霍斯金森（Hoskinson）在巴黎区块链第2025周发表讲话时说，对加密货币和分散财务空间的主要批评之一是其“循环经济”，这通常意味着特定加密货币的集会是由退出另一个代币的资金来支持的，从而限制了整个行业的增长。

However, to have a chance against the centralized technology giants joining the Web3 industry, cryptocurrency projects need more collaborative tokenomics and market structure, according to Hoskinson.

但是，据霍斯金森（Hoskinson）称，为了反对加入Web3行业的集中式技术巨头，加密货币项目需要更多的协作令牌和市场结构。

“The problem right now, with the way we’ve done things in the cryptocurrency space, is the tokenomics and the market structure are intrinsically adversarial. It’s sum 0,” Hoskinson said.

霍斯金森说：“现在的问题是，我们在加密货币领域做事的方式是令牌学和市场结构本质上是对抗性的。这是总和0。”

“Instead of picking a fight, what you have to do is you have to find tokenomics and market structure that allows you to be in a cooperative equilibrium.”

“与其参加战斗，您必须要做的就是找到令牌组和市场结构，使您达到合作的平衡。”

He argued that the current environment often sees one crypto project’s growth come at the expense of another rather than contributing to the sector’s overall health.

他认为，当前的环境通常会看到一个加密项目的增长是以牺牲另一个加密项目为代价的，而不是为该行业的整体健康做出贡献。

And he added that this is not sustainable in the face of trillion-dollar firms like Apple, Google and Microsoft, which may soon join the Web3 race amid clearer U.S. regulations.

他补充说，面对像苹果，谷歌和微软这样的万亿美元公司，这是不可持续的，因为苹果，谷歌和微软很快就会在美国法规中加入Web3竞赛。

“If you look at the way these large technology companies operate, they’re very good at cooperation and synergy,” said Hoskinson.

霍斯金森说：“如果您查看这些大型技术公司的运作方式，它们擅长合作和协同作用。”

“If you look at the way we’ve done things in cryptocurrency, it’s always been more adversarial, and we’re trying to take market share from each other.”

“如果您查看我们在加密货币中做事的方式，那总是更具对抗性的方式，我们正在尝试彼此占有市场份额。”

Bitcoin’s 24/7 liquidity: Double-edged sword during global market turmoil

比特币的24/7流动性：全球市场动荡期间的双刃剑

Bitcoin and other cryptocurrencies are often praised for offering around-the-clock trading access, but that constant availability may have contributed to a steep sell-off over the weekend following the latest U.S. trade tariff announcement.

比特币和其他加密货币通常因提供全天候的交易访问而受到称赞，但是在美国最新的美国贸易关税公告之后的整个周末，这种持续的可用性可能导致了巨大的抛售。

Unlike stocks and traditional financial instruments, Bitcoin (BTC) and other cryptocurrencies enable users to make payments and engage in trading opportunities 24/7 thanks to the accessibility of blockchain technology.

与股票和传统金融工具不同，比特币（BTC）和其他加密货币使用户能够付款并通过区块链技术的可访问性进行24/7的交易机会。

After a record-breaking $5 trillion was wiped from the S&P 500 over two days — the worst drop on record — Bitcoin remained above the $82,000 support level. However, by Sunday, the asset had plummeted to under $75,000.

在创纪录的500万亿美元从标准普尔500指数中擦​​除了两天（最糟糕的记录下降）之后，比特币仍高于82,000美元的支持水平。但是，到周日，资产已下跌至75,000美元。

Sunday’s correction may have occurred due to Bitcoin being the only large tradable asset over the weekend, according to Lucas Outumuro, head of research at crypto intelligence platform IntoTheBlock.

Crypto Intelligence Platform intotheblock的研究负责人Lucas Outumuro表示，周日的更正可能是由于比特币是周末唯一可大的可交易资产。

“There was a bit of optimism last week that Bitcoin might be uncorrelating and fairing better than traditional stocks, but the [correction] did accelerate over the weekend,” Outumuro said during Cointelegraph’s Chainreaction live show on X, adding:

Outumuro在Cointelegraph在X上的链条反应现场表演中说：“上周上周有些乐观，比特币可能比传统股票更加不相关且整洁，但是[更正]确实在周末加速了。”

Outumuro noted that Bitcoin’s weekend trading can also have

Outumuro指出，比特币的周末交易也可以