美國SEC說，像Dogecoin和Shiba Inu這樣的模因硬幣不是地標轉換的證券

The U.S. Securities and Exchange Commission (SEC) issued a landmark ruling declaring that meme coins, such as Dogecoin and Shiba Inu, are not securities. This significantly alters the regulatory landscape for the cryptocurrency industry.

美國證券交易委員會（SEC）發布了一項具有里程碑意義的裁決，宣布模因硬幣（例如Dogecoin和Shiba Inu）不是證券。這大大改變了加密貨幣行業的監管格局。

In a February 27th statement, the SEC categorized meme coins as "akin to collectibles," distinguishing them from financial instruments subject to securities laws. The statement explicitly stated that a meme coin itself is not a security. The SEC cited their typical use for entertainment, social interaction, and cultural purposes, with value primarily driven by market demand and speculation. They further noted the generally limited or nonexistent functionality of meme coins.

在2月27日的一份聲明中，SEC將模因硬幣歸類為“類似於收藏品”，將其與受證券法的金融工具區分開來。該聲明明確指出，模因硬幣本身不是安全性。 SEC引用了他們在娛樂，社會互動和文化目的中的典型用途，其價值主要由市場需求和投機驅動。他們進一步指出了模因硬幣的通常有限或不存在的功能。

This decision reflects a broader shift in U.S. crypto regulation under the current administration, diverging from the previous enforcement-focused approach. The Kobeissi Letter, with over 756,000 X followers, described the announcement as "HUGE," highlighting its clarification of the legal implications surrounding meme coin launches.

這一決定反映了當前政府在美國加密貨幣法規方面的更廣泛轉變，與以前以執法為中心的方法不同。 Kobeissi的信件（超過756,000 X的追隨者）稱這一宣佈為“巨大”，強調了其對Meme Coin發射的法律影響的澄清。

The SEC clarified that investors in meme coins lack the protections afforded by U.S. securities laws. However, the agency emphasized that fraudulent offers and sales of meme coins remain subject to enforcement action or prosecution by other federal or state agencies. By clarifying the non-security status of meme coins, the SEC reduces legal uncertainty for traders and developers, potentially stimulating innovation. One X user, "Batman," with 83,000 followers, predicted a "massive bull cycle," acknowledging current market weakness but expressing long-term optimism.

SEC澄清說，模因硬幣的投資者缺乏美國證券法所提供的保護。但是，該機構強調說，欺詐性的欺詐性和銷售模因硬幣仍然受到其他聯邦或州機構起訴的執行行動或起訴的約束。通過闡明模因硬幣的非安全狀況，SEC減少了交易者和開發商的法律不確定性，可能會刺激創新。一個X用戶“蝙蝠俠”，有83,000名追隨者，預測了一個“大型牛週期”，承認當前的市場疲軟，但表達了長期樂觀的態度。

Conversely, the lack of SEC oversight underscores the need for investor caution in the meme coin market, as consumer protections are currently absent.

相反，由於目前沒有消費者的保護，因此缺乏SEC監督強調了在模因硬幣市場中對投資者謹慎的需求。

New Meme Coin Legislation

新的模因硬幣立法

While the SEC's ruling clarifies the non-security status of meme coins, House Democrats have introduced the Modern Emoluments and Malfeasance Enforcement (MEME) Act. This bill, sponsored by California Representative Sam Liccardo, aims to prevent federal officials from issuing, sponsoring, or promoting digital assets, including meme coins, with significant criminal and civil penalties. This follows the controversial launch and subsequent price drop of the Official Trump (TRUMP) token.

儘管美國證券交易委員會的裁決闡明了模因硬幣的非安全地位，但眾議院民主黨人介紹了《現代埃默爾和瀆職執法》（MEME）法案。加州代表Sam Liccardo贊助的該法案旨在防止聯邦官員發行，贊助或促進包括Meme Coins在內的數字資產，並受到重大刑事和民事處罰。這是在有爭議的推出和隨後的特朗普官方（特朗普）代幣的價格下跌之後。

Related Articles:

相關文章：