XRP 传奇：深入探讨长达一年的争议及其对加密货币市场的影响

2009年比特币的兴起，开启了一个新时代——数字货币时代。加密货币投资被科技驱动的投资者视为“下一件大事”，引起了监管机构的担忧

The yearlong legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs over the XRP token status has finally reached a partial resolution.

美国证券交易委员会（SEC）和 Ripple Labs 围绕 XRP 代币地位展开的长达一年的法律斗争终于达成了部分解决。

In a recent development, a federal judge in the Southern District of New York has ruled that XRP is not a security when it is traded through digital asset exchanges, such as Coinbase or Binance. However, the token will be classified as a security if it is offered to institutional investors, such as pension funds or hedge funds.

最近，纽约南区的一名联邦法官裁定，通过 Coinbase 或 Binance 等数字资产交易所进行交易的 XRP 不属于证券。但是，如果向养老基金或对冲基金等机构投资者提供代币，则该代币将被归类为证券。

This ruling stems from the SEC's lawsuit against Ripple Labs, filed in 2020, which alleged that the company had defrauded institutional investors by selling its XRP tokens as unregistered securities. The SEC sought to impose a fine of $2 billion on Ripple Labs for these actions.

这一裁决源于 SEC 在 2020 年对 Ripple Labs 提起的诉讼，指控该公司通过将其 XRP 代币作为未注册证券出售来欺骗机构投资者。美国证券交易委员会 (SEC) 寻求对 Ripple Labs 的这些行为处以 20 亿美元的罚款。

In response to this news, XRP's price surged 73% on 13 July 2023, as traders reacted positively to the partial victory for Ripple Labs in this case.

受此消息影响，XRP 的价格于 2023 年 7 月 13 日飙升 73%，交易者对 Ripple Labs 在此案中取得部分胜利做出了积极反应。

However, the SEC continued to pursue Ripple Labs further, seeking to discourage the company to stop offering XRP on the grounds of the token being a security. This meant that XRP should have fallen under a different regulatory regime, in line with the 1933 Act.

然而，SEC 继续进一步追查 Ripple Labs，试图阻止该公司停止提供 XRP，理由是该代币是一种证券。这意味着 XRP 应该受到不同的监管制度的监管，与 1933 年法案保持一致。

The SEC's pursuit of Ripple Labs has been a major point of contention within the cryptocurrency community. Many argue that XRP's characteristics, such as its fast transaction times and low fees, make it more suitable for use as a currency rather than an investment vehicle.

SEC 对 Ripple Labs 的追捕一直是加密货币社区内的一个主要争论点。许多人认为，XRP 的特点，例如交易时间快和费用低，使其更适合用作货币而不是投资工具。

As a result, many crypto enthusiasts believe that the SEC's classification of XRP as a security is overly restrictive and could hinder its adoption as a واسعة النطاق medium of exchange.

因此，许多加密货币爱好者认为，SEC 将 XRP 归类为证券的限制过于严格，可能会阻碍其作为加密货币交换媒介的采用。

In other news, a federal judge has fined the XRP issuer $125 million for allegedly defrauding institutional investors by selling its tokens as unregistered securities, falling short of the $2 billion penalty sought by the SEC.

其他新闻方面，一名联邦法官对 XRP 发行人处以 1.25 亿美元的罚款，原因是该公司涉嫌将其代币作为未注册证券出售，欺骗机构投资者，低于 SEC 要求的 20 亿美元罚款。

A day before Bitwise Asset Management Inc. submitted a filing to the SEC for an ETF investing directly in XRP, according to a Bloomberg report, the SEC filed an appeal with the Second Circuit Court of Appeals against the ruling that XRP is not a security on exchanges. Following the news, XRP plummeted more than 8%.

据彭博社报道，在 Bitwise Asset Management Inc. 向 SEC 提交直接投资 XRP 的 ETF 申请的前一天，SEC 向第二巡回上诉法院提起上诉，反对 XRP 不是 XRP 证券的裁决。交流。消息传出后，XRP 暴跌超过 8%。

Yet, there is light at the end of the XRP tunnel. With the US President-elect Donald Trump's victory against Democratic Vice President Kamala Harris, the vilified cryptocurrency has seen a spectacular price upsurge.

然而，XRP 隧道的尽头已经出现了曙光。随着美国当选总统唐纳德·特朗普击败民主党副总统卡马拉·哈里斯，这种饱受诟病的加密货币价格出现了惊人的上涨。

As crypto investors priced in a more relaxed crypto regulatory approach under the new Trump administration, XRP hit a record high at $2.90 on 3 December, before pulling back to $2.59 (close).

随着加密货币投资者对特朗普新政府采取的更加宽松的加密货币监管方式进行定价，XRP 于 12 月 3 日创下 2.90 美元的历史新高，随后回落至 2.59 美元（收盘价）。

With the nomination of Paul Atkins to head the SEC, cryptocurrencies could enter a new era. The President-elect's friendly stance towards digital assets has broadly had a positive impact on the blockchain-driven market.

随着保罗·阿特金斯被提名为美国证券交易委员会主席，加密货币可能进入一个新时代。当选总统对数字资产的友好立场对区块链驱动的市场产生了广泛的积极影响。

Meanwhile, crypto industry insiders remain positive about the future, which could potentially witness further crypto upswings, with XRP likely to be among the top gainers.

与此同时，加密货币行业内部人士对未来仍持乐观态度，加密货币可能会进一步上涨，其中 XRP 可能是涨幅最大的货币之一。