参议院推迟投票后,加密货币法案成为法律的时间窗口已很狭窄

cointelegraphPublicado em 2026-08-11Última atualização em 2026-08-11

Resumo

美国参议院在8月休会前,多数党领袖约翰·图恩为推动《数字资产市场清晰度法案》(CLARITY Act)提交了终止辩论动议,计划在9月复会后进行投票。然而,该法案成为法律的机会窗口非常有限。参议院在11月大选前仅有14个开会日,全年总计仅有36天会期。尽管加密行业倡导者仍对法案通过表示乐观,但法案内容仍存在争议点,包括涉及前总统特朗普与数字资产关联的道德条款,以及对提供稳定币奖励的加密公司的额外限制。该法案自去年由众议院通过后,已在参议院搁置13个月,期间遭遇政府停摆、行业领袖反对以及部分民主党人的抵制。 如果法案在参议院未能通过,美国证券交易委员会和商品期货交易委员会等金融监管机构已表示准备在国会立法缺位的情况下,自行出台规则以加强对加密市场的监管。SEC主席保罗·阿特金斯和CFTC主席迈克尔·塞利格均表示已准备好采取行动。随着11月中期选举临近,选举结果可能进一步影响立法进程,使得CLARITY法案的前景更加不确定。

《数字资产市场明确性法案》预计将于美国参议院九月复会后进行终止辩论投票,但在成为法律的道路上仍面临重大障碍。

就在上周参议院开始为期一个月的休会前夕,多数党领袖约翰·图恩为这项加密货币市场结构法案提交了终止辩论动议,以便其进入参议院全院审议。议员们将于9月14日结束休会返回,但在11月大选前再次休会之前,他们只有14天的预定会期,而在年底之前还有另外22天的会期。

尽管《明确性法案》只剩下这36天的窗口期,许多加密货币行业倡导者仍公开表示对该法案在国会获得通过持乐观态度,但议员们尚未就许多仍存争议的条款宣布任何协议。这些条款包括涉及美国总统唐纳德·特朗普与数字资产关系的道德条款,以及对提供稳定币奖励的加密公司的额外限制。

自去年众议院通过《明确性法案》以来,参议院有13个月的时间对其进行审议。在此期间,参议院面临了不止一次政府停摆、行业领袖的反对以及许多民主党人的抵制,他们声称当时版本的法案将助长他们所谓的特朗普的"加密货币腐败"。

相关阅读:克里斯·珀金斯:即使《明确性法案》未获通过,加密货币行业也'会没事的'

即使参议院在9月进行终止辩论投票,议员们也只剩下几天时间来解决法案中的问题,然后才可能进行全院投票并进入选举前休会。11月之后,当33个参议院席位和所有435个众议院席位都将面临改选时,中期选举结果可能会使有关该立法的讨论复杂化,因为许多国会议员可能在2027年离任。

立法不确定,美国监管机构将加强行动?

随着市场结构法案至少再陷入一个月的僵局,许多专家正寻求从商品期货交易委员会和证券交易委员会等金融监管机构那里获得监管明确性。该立法预计将赋予CFTC更多权力来监督和执行影响数字资产的法规,但由于法律仍在审议中,监管机构已表示,如果国会不行动,它们将采取行动。

SEC主席保罗·阿特金斯在7月的一次采访中表示,如果国会未能通过《明确性法案》,该机构"已准备好、愿意并且能够出台规则"来应对加密货币。同样,CFTC主席迈克尔·塞利格在4月表示,该委员会"已准备好承担责任"来监管加密货币市场,但前提是立法者通过市场结构法案。两家机构都已采取措施协调对金融市场的监管。

杂志文章:BIP-110黯然收场,《明确性法案》投票被推迟:《持币者文摘》,8月9日

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Perguntas relacionadas

Q《数字资产市场清晰度(CLARITY)法案》预计何时进行结束辩论投票?

A预计在美国参议院于9月复会后进行结束辩论(cloture)投票。

Q该法案在成为法律的道路上,面临的主要障碍是什么?

A主要障碍包括:涉及美国总统特朗普数字资产关联的道德条款争议、关于加密公司提供稳定币奖励的额外限制条款未达成一致,以及在仅有的36天会期中需要解决这些问题并完成投票的时间压力。此外,法案还面临许多民主党人的反对,他们认为法案早期版本会助长所谓的“加密货币腐败”。

Q如果国会无法通过CLARITY法案,哪些机构可能介入提供监管?

A如果国会无法通过该法案,美国商品期货交易委员会(CFTC)和美国证券交易委员会(SEC)等金融监管机构可能会介入。SEC主席已表示,若国会失败,该机构“准备、愿意并且能够出台规则”来应对加密货币。CFTC主席也表示,该委员会已“准备好承担责任”监督加密货币市场。

Q文章中提到参议院今年还剩下多少个会期日来审议此法案?

A参议院在11月选举前有14个预定会期日,在年底前还有另外22个会期日,总计还有36个会期日。

Q2024年11月的选举可能会如何影响CLARITY法案的立法进程?

A2024年11月的中期选举将改选33个参议院席位和所有435个众议院席位。选举结果可能会使法案的讨论复杂化,因为许多国会议员可能在2027年离任,这增加了立法进程的不确定性。

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