<p>美国 <strong>参议院农业委员会</strong> 已批准其数字资产市场结构立法，在经过数周关于其范围、修正案和监管影响的辩论后，将该法案推进至委员会外。</p>
<p>美国参议员辛西娅·卢米斯在 X 平台上确认了这一进展，表示委员会的投票使该立法 “更进一步” 接近总统的办公桌。</p>
<p>该批准是在 <strong>1 月 29 日星期四</strong> 举行的标记会议后作出的，立法者审查并投票通过了一系列广泛的修正案，该法案正式名称为《数字商品中介法》。</p>
<h2><strong>委员会投票通过程序性障碍</strong></h2>
<p>通过参议院农业委员会标志着一个重要的程序性里程碑，使该立法能够向全体参议院的审议推进。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Screenshot-2026-01-29-at-17.26.53.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1072" height="548" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Screenshot-2026-01-29-at-17.26.53.png"/></p>
<p>来源：X</p>
<p>该委员会负责监督商品市场和商品期货交易委员会 [CFTC]，使其处于关于数字资产如何在联邦层面进行监管的持续辩论的中心。</p>
<p>该法案旨在为数字商品中介建立更清晰的框架，重点关注现货市场的监管。</p>
<p>尽管委员会的批准并不保证在参议院的通过，但它消除了一个关键瓶颈，阻碍了国会对加密市场结构进行改革的先前努力。</p>
<h2><strong>修正案在标记过程中重塑了法案</strong></h2>
<p>如投票前所述，标记过程包括扩展法案范围的第一类修正案，超出了其原本对市场结构的关注。</p>
<p>在会议期间辩论的提案涉及联邦官员的伦理规则、对外国对手国的国家安全限制、消费者保护措施以及对紧急联邦贷款的访问限制。</p>
<p>其他修正案旨在澄清 CFTC 对注册中介的权力。</p>
<p>委员会批准的最终版本反映了这些修正案投票的结果。</p>
<h2><strong>下一步移至全体参议院审议</strong></h2>
<p>在委员会批准后，该法案现在可以安排在全体参议院进行辩论，立法者可能会提出额外的修正案或寻求与众议院平行努力的协调。</p>
<p>时间安排仍不确定，预计在机构管辖权和执法权方面会有进一步的谈判。</p>
<p>尽管如此，星期四的投票使全面的美国加密市场结构立法比近年来的任何时候都更接近实施。</p>
<hr/>
<h2><strong>最后思考</strong></h2>
<ul>
<li>参议院农业委员会的批准正式推动美国加密市场结构立法向全体参议院投票迈进。</li>
<li>法案的最终影响将取决于其修订条款在下一个立法阶段的表现。</li>
</ul>
<hr/>

<p>美国参议院农业委员会已批准《数字商品中介法》，将其推进至全体参议院审议。该立法旨在为数字资产中介建立更清晰的监管框架，重点关注现货市场的监管。此次批准是在一次包括针对伦理、国家安全和消费者保护的各种修正案的审议会议后进行的。尽管这标志着一个重要的程序性里程碑，但在该法案能够生效之前，预计还会进行进一步的谈判和修正</p>

<p>The US <strong>Senate Agriculture Committee</strong> has approved its digital asset market structure legislation, advancing the bill out of committee after weeks of debate over its scope, amendments, and regulatory implications.</p>
<div class="lb-trans"><p>美国 <strong>参议院农业委员会</strong> 已批准其数字资产市场结构立法，在经过数周关于其范围、修正案和监管影响的辩论后，将该法案推进至委员会外。</p>
</div><p>US Senator Cynthia Lummis confirmed the development in a post on X, saying the committee’s vote brings the legislation “one step closer” to reaching the president’s desk.</p>
<div class="lb-trans"><p>美国参议员辛西娅·卢米斯在 X 平台上确认了这一进展，表示委员会的投票使该立法 “更进一步” 接近总统的办公桌。</p>
</div><p>The approval follows a markup session held on <strong>Thursday, 29 January</strong>, where lawmakers reviewed and voted on a wide-ranging set of amendments to the bill, formally titled the Digital Commodities Intermediary Act.</p>
<div class="lb-trans"><p>该批准是在 <strong>1 月 29 日星期四</strong> 举行的标记会议后作出的，立法者审查并投票通过了一系列广泛的修正案，该法案正式名称为《数字商品中介法》。</p>
</div><h2><strong>Committee vote clears procedural hurdle</strong></h2>
<div class="lb-trans"><h2><strong>委员会投票通过程序性障碍</strong></h2>
</div><p>Clearing the Senate Agriculture Committee marks a significant procedural milestone, allowing the legislation to move toward consideration by the full Senate.</p>
<div class="lb-trans"><p>通过参议院农业委员会标志着一个重要的程序性里程碑，使该立法能够向全体参议院的审议推进。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2026/01/Screenshot-2026-01-29-at-17.26.53.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2026/01/Screenshot-2026-01-29-at-17.26.53.png"/></p>
<p>Source: X</p>
<div class="lb-trans"><p>来源：X</p>
</div><p>The committee oversees commodities markets and the Commodity Futures Trading Commission [CFTC], placing it at the centre of ongoing debates over how digital assets should be regulated at the federal level.</p>
<div class="lb-trans"><p>该委员会负责监督商品市场和商品期货交易委员会 [CFTC]，使其处于关于数字资产如何在联邦层面进行监管的持续辩论的中心。</p>
</div><p>The bill is designed to establish a clearer framework for digital commodity intermediaries, with an emphasis on spot market oversight.</p>
<div class="lb-trans"><p>该法案旨在为数字商品中介建立更清晰的框架，重点关注现货市场的监管。</p>
</div><p>While committee approval does not guarantee passage in the Senate, it removes a key bottleneck that has stalled previous efforts to reform the crypto market structure in Congress.</p>
<div class="lb-trans"><p>尽管委员会的批准并不保证在参议院的通过，但它消除了一个关键瓶颈，阻碍了国会对加密市场结构进行改革的先前努力。</p>
</div><h2><strong>Amendments reshaped the bill during markup</strong></h2>
<div class="lb-trans"><h2><strong>修正案在标记过程中重塑了法案</strong></h2>
</div><p>As outlined ahead of the vote, the markup process included first-degree amendments that expanded the bill beyond its original focus on market structure.</p>
<div class="lb-trans"><p>如投票前所述，标记过程包括扩展法案范围的第一类修正案，超出了其原本对市场结构的关注。</p>
</div><p>Proposals debated during the session addressed ethics rules for federal officials, national security restrictions on foreign-adversary jurisdictions, consumer protection measures, and limits on access to emergency federal lending.</p>
<div class="lb-trans"><p>在会议期间辩论的提案涉及联邦官员的伦理规则、对外国对手国的国家安全限制、消费者保护措施以及对紧急联邦贷款的访问限制。</p>
</div><p>Other amendments sought to clarify the CFTC’s authority over registered intermediaries.</p>
<div class="lb-trans"><p>其他修正案旨在澄清 CFTC 对注册中介的权力。</p>
</div><p>The final version approved by the committee reflects the outcome of those amendment votes.</p>
<div class="lb-trans"><p>委员会批准的最终版本反映了这些修正案投票的结果。</p>
</div><h2><strong>Next steps move to full Senate consideration</strong></h2>
<div class="lb-trans"><h2><strong>下一步移至全体参议院审议</strong></h2>
</div><p>Following committee approval, the bill can now be scheduled for debate in the full Senate, where lawmakers may propose additional amendments or seek to reconcile differences with parallel efforts in the House.</p>
<div class="lb-trans"><p>在委员会批准后，该法案现在可以安排在全体参议院进行辩论，立法者可能会提出额外的修正案或寻求与众议院平行努力的协调。</p>
</div><p>Timing remains uncertain, and further negotiations are expected around agency jurisdiction and enforcement authority.</p>
<div class="lb-trans"><p>时间安排仍不确定，预计在机构管辖权和执法权方面会有进一步的谈判。</p>
</div><p>Still, Thursday’s vote places comprehensive US crypto market structure legislation closer to enactment than at any point in recent years.</p>
<div class="lb-trans"><p>尽管如此，星期四的投票使全面的美国加密市场结构立法比近年来的任何时候都更接近实施。</p>
</div><hr/>
<div class="lb-trans"><hr/>
</div><h2><strong>Final Thoughts</strong></h2>
<div class="lb-trans"><h2><strong>最后思考</strong></h2>
</div><ul>
<li>Senate Agriculture Committee approval formally advances US crypto market structure legislation toward a full Senate vote.</li>
<li>The bill’s ultimate impact will depend on how its amended provisions fare in the next legislative stage.</li>
</ul>
<div class="lb-trans"><ul>
<li>参议院农业委员会的批准正式推动美国加密市场结构立法向全体参议院投票迈进。</li>
<li>法案的最终影响将取决于其修订条款在下一个立法阶段的表现。</li>
</ul>
</div><hr/>
<div class="lb-trans"><hr/>
</div>

US crypto market structure bill advances as Senate Agriculture Committee approves legislation

- 美国参议院农业委员会已批准数字资产市场结构立法。  
- 该法案旨在为数字商品中介建立更清晰的框架。  
- 法案现在可以在参议院全体会议上辩论。

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美国加密货币市场结构法案取得进展，参议院农业委员会已批准该立法