SEC提议新规允许投资顾问在特定条件下自持加密资产
SEC Proposes New Rules On Crypto Custody
SEC正式提出加密托管新规，明确了顾问自持与链上记录的合规路径，直接影响机构业务模式，建议从业者关注细则落地。
Bitcoin Magazine
比特币杂志
SEC Proposes New Rules On Crypto Custody
美国证券交易委员会提议关于加密资产托管的新规
The U.S. Securities and Exchange Commission has proposed new rules to update how investment advisers and regulated funds hold assets, with a big focus on crypto.
美国证券交易委员会（SEC）已提出新规，旨在更新投资顾问和受监管基金持有资产的方式，重点聚焦于加密货币。
In a statement Thursday, the Wall Street watchdog said it would allow advisers and funds acting through their advisers, to hold client crypto themselves, but only if no permitted custodian is available.
华尔街监管机构在周四的一份声明中表示，将允许通过其顾问行事的顾问和基金自行持有客户的加密货币，但前提是没有任何允许的托管机构可用。
Regulators are pushing ahead with rulemaking for the digital asset space despite lawmakers blocking the Clarity Act last month.
尽管立法者上个月否决了《清晰度法案》（Clarity Act），监管机构仍在推进数字资产领域的规则制定。
JUST IN: SEC Chairman Paul Atkins releases a statement to address the custody of crypto assets.
突发消息：SEC主席保罗·阿特金斯（Paul Atkins）发布声明，就加密资产的托管问题作出回应。
"Since the advent of Bitcoin in 2008, the crypto asset market has grown from a niche curiosity into a multi-trillion-dollar asset class" pic.twitter.com/SbLR2HAeW1
“自2008年比特币问世以来，加密资产市场已从一个小众的奇闻异事发展成为一个价值数万亿美元的资产类别。” pic.twitter.com/SbLR2HAeW1
— Bitcoin Magazine (@BitcoinMagazine) October 1, 2026
—— 比特币杂志 (@BitcoinMagazine) 2026年10月1日
The long-awaited legislation — a framework for distinguishing between digital assets that are securities, commodities or payment stablecoins — didn’t get the votes needed to advance.
这项备受期待的立法——旨在区分哪些数字资产属于证券、商品或支付型稳定币的框架——未能获得推进所需的票数。
“Since the advent of Bitcoin in 2008, the crypto asset market has grown from a niche curiosity into a multi-trillion-dollar asset class to which investors actively seek exposure. Unfortunately, our rules and regulations have not kept pace,” SEC Chairman Paul S. Atkins said in a statement.
“自2008年比特币问世以来，加密资产市场已从一个小众的奇闻异事发展成为一个投资者积极寻求敞口的万亿美元级资产类别。不幸的是，我们的规则和法规未能跟上步伐，”SEC主席保罗·S·阿特金斯（Paul S. Atkins）在一份声明中说。
“To that end, today’s proposal would provide a clear regulatory framework for the custody of crypto assets, giving investment advisers and funds a compliant pathway where none existed before — and replacing the grey of uncertainty created by custody rules crafted for a bygone era.”
“为此，今天的提案将为加密资产托管提供清晰的监管框架，为投资顾问和基金提供此前不存在的合规路径，并取代由为过时时代量身定制的托管规则所造成的不确定性灰色地带。”
The regulator said in its proposed rules that records kept on a blockchain could count toward compliance, subject to conditions.
监管机构在其拟议规则中表示，在满足条件的情况下，保存在区块链上的记录可被视为符合合规要求。
It added that it would allow use of state trust companies as custodians for client and regulated fund crypto assets, subject to conditions.
该机构补充称，在满足条件的情况下，将允许使用州信托公司作为客户和受监管基金加密资产的托管人。
Lawmakers blocked the Clarity Act in a procedural vote last month. Regulators had said before the vote that regardless of whether the landmark legislation passed, they’d still start regulating the crypto industry.
立法者在上个月的一次程序性投票中否决了《清晰度法案》。监管机构曾在投票前表示，无论这项具有里程碑意义的立法是否通过，他们仍将开始对加密行业进行监管。
The SEC before the vote sent a proposal to the White House aiming to “clarify the framework for the custody of crypto assets” for investment advisers and companies.
在投票之前，SEC向白宫提交了一份提案，旨在为投资顾问和公司“澄清加密资产托管的框架”。
Pro-crypto Atkins said he would still work to make the U.S. the “crypto capital of the world” regardless of the landmark legislation getting through.
支持加密货币的阿特金斯表示，无论这项具有里程碑意义的立法是否通过，他仍将继续努力使美国成为“世界加密之都”。
This post SEC Proposes New Rules On Crypto Custody first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
本文《美国证券交易委员会提议关于加密资产托管的新规》最初发表于 Bitcoin Magazine，由 Mathew Di Salvo 撰写。
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