特朗普签署行政命令在数字资产市场中建立我们的主导地位

唐纳德·特朗普（Donald Trump）总统本周签署了一项行政命令，以在数字资产市场中建立美国的统治地位，并使该国成为全球加密中心。

President Donald Trump signed an executive order this week to establish U.S. dominance in the digital asset market and make the country the global center of crypto. But does that order deliver on what Trump said he'd accomplish?

唐纳德·特朗普（Donald Trump）总统本周签署了一项行政命令，以在数字资产市场中建立美国的统治地位，并使该国成为全球加密中心。但是，该命令是否能够实现特朗普所说的他的成就？

One of Trump's promises to the crypto industry was the establishment of a "strategic national bitcoin stockpile." While the crypto industry is generally excited about the order providing legal protections for crypto users and the promise of greater regulatory clarity, some are worried about a perceived pivot from the definite establishment of a national bitcoin stockpile.

特朗普对加密货币产业的承诺之一是建立“战略性国家比特币库存”。尽管加密行业通常对为加密使用者提供法律保护的命令感到兴奋，并有更高的监管清晰度的承诺，但有些人担心明确建立国家比特币库存的枢纽。

Bitcoin (BTCUSD) sold off slightly following the announcement Thursday, though it recovered and was trading close to $105,000 in late-Friday trading.

周四宣布后，比特币（BTCUSD）略微出售，尽管它恢复了，并且在周末的交易中的交易近105,000美元。

Confusion Around a 'National Digital Asset Stockpile'

围绕“国家数字资产库存”的困惑

The executive order established a working group to offer regulatory clarity on a number of issues, including "potential creation and maintenance of a national digital asset stockpile."

行政命令建立了一个工作组，以对许多问题提供监管清晰度，包括“潜在的创建和维护国家数字资产库存”。

This phrasing creates some confusion. Firstly, the executive order simply discusses the exploration of a "potential" stockpile. Secondly, the language in the executive order is not specific to bitcoin and instead refers to a stockpile of "digital assets."

这个措辞引起了一些混乱。首先，行政命令只是讨论了“潜在”库存的探索。其次，行政命令中的语言不是针对比特币的特定的，而是指“数字资产”的库存。

It also mentions the possibility of this stockpile being derived from the government's existing crypto holdings that it has accumulated from various enforcement actions instead of trading cryptocurrencies like the government does for the Strategic Petroleum Reserve.

它还提到了这种库存是从政府现有的加密货币中获得的可能性，即它已经从各种执法行动中积累了，而不是像政府为战略石油储备所做的那样交易加密货币。

"'Stockpile' is jargon that means holding what they have, but not necessarily buying anything," Galaxy Digital Head of Research Alex Thorn posted on X. According to data shared by Thorn in his X post, the stockpile would largely be made up of bitcoin rather than alternative digital assets.

Galaxy Digital Research主管Alex Thorn张贴在X上。根据Thorn在他的X帖子中共享的数据，库存将很大程度上由比特币而不是替代数字资产。

Others are worried that the path to creating a bitcoin stockpile may not be entirely hurdle-free.

其他人则担心创建比特币库存的途径可能并非完全没有障碍。

"As I've been saying, we will need legislation for a 'true' [strategic bitcoin reserve], and that won't pass," posted Castle Island Ventures Partner Nic Carter.

Castle Island Ventures合作伙伴Nic Carter张贴：“正如我一直在说，我们将需要立法（战略比特币储备），这不会过去。”

Despite the executive order, the odds of a bitcoin strategic reserve happening in the U.S. this year dropped from a peak of 76% to 61% over the past day, according to prediction market Polymarket.

根据预测市场PolyMarket的数据，尽管行政命令达到了行政命令，但今年美国发生的比特币战略储备的几率从过去一天的峰值下降到了61％。

Protections for Crypto Users and Regulatory Clarity

对加密用户和法规清晰度的保护

That said, there is plenty more for the crypto industry to cheer about in the executive order.

也就是说，加密货币行业还可以通过行政命令加油。

"The President's EO today is mostly about setting up the right processes and teams to improve crypto policy," Coin Center Executive Director Peter Van Valkenburgh posted on X Thursday.

硬币中心执行董事彼得·范·瓦尔肯伯格（Peter Van Valkenburgh）周四在X周四发布。

The crypto industry has often criticized the lack of clarity on regulations as well as the enforcement-driven approach by the U.S. Securities and Exchange Commission. Some of their grievances may have already begun to get redressed.

加密货币行业经常批评美国证券交易委员会对法规以及执法驱动的方法缺乏明确性。他们的某些不满可能已经开始被纠正。

For example, after the executive order was signed the SEC rescinded a contentious crypto accounting rule called Staff Accounting Bulletin No. 121 (SAB 121) that effectively made it impractical for traditional banks to act as custodians for bitcoin.

例如，在执行命令签署后，SEC撤销了一个有争议的加密会计规则，称为员工会计公告第121号（SAB 121），这实际上使传统银行充当比特币的托管人是不切实际的。

"SAB 121 was disastrous for the banking industry, and only stunted American innovation and advancement of digital assets," U.S Senator Cynthia Lummis, a Republican from Wyoming, posted on X.

“ SAB 121对于银行业来说是灾难性的，只有发育迟缓的美国创新和数字资产的进步，” Wyoming的共和党参议员辛西娅·卢米斯（Cynthia Lummis）发表于X。