Elon Musk is stepping down from his role in President Donald Trump's administration, leaving behind a legacy of pro-crypto policies that could continue to drive value for Bitcoin and other major tokens.

埃隆·馬斯克（Elon Musk）正在辭去他在唐納德·特朗普（Donald Trump）總統政府中的角色，拋棄了一項親克賴特（Crypto）政策的遺產，這些政策可能會繼續推動比特幣和其他主要代幣的價值。

After pivoting toward a more interventionist economic policy during the 2020 presidential election, former President Donald Trump surprised many investors by adopting a hands-off approach to crypto investing. Despite the U.S. government establishing a strategic Bitcoin reserve and a digital asset stockpile earlier this year, there are currently no plans for the administration to purchase any cryptocurrencies.

在2020年總統大選期間，唐納德·特朗普（Donald Trump）在2020年總統大選期間朝著更加干預主義的經濟政策進行了旋轉之後，通過採用加密投資的方法來使許多投資者感到驚訝。儘管美國政府在今年早些時候建立了戰略性比特幣儲備金和數字資產庫存，但目前尚無政府購買任何加密貨幣的計劃。

However, President Trump's administration has focused on slashing red tape and reducing government overreach, which bodes well for the crypto industry. Earlier this year, Congress approved a bill to extend the window for reporting cryptocurrency gains to the Internal Revenue Service (IRS). But the administration intervened to remove that provision from the final version of the legislation.

但是，特朗普總統的政府致力於削減繁文tape節和減少政府的過度侵犯，這對加密貨幣產業來說是很好的。今年早些時候，國會批准了一項法案，以擴大向國稅局（IRS）報告加密貨幣收益的窗口。但是政府乾預了從立法的最終版本中刪除該規定。

Moreover, President Trump has vowed to slash America's national debt, which could be aided by reducing the scope of government programs. A move in that direction would likely benefit cryptocurrencies, as they are often used to facilitate cross-border payments, an area where government intervention is usually greatest.

此外，特朗普總統發誓要削減美國的國債，這可以通過降低政府計劃的範圍來幫助。朝這個方向邁進的行動可能會使加密貨幣受益，因為它們通常用於促進跨境支付，這是政府乾預通常最大的領域。

Image source: Getty Images.

圖像來源：蓋蒂圖像。

The SEC's focus shifts as crypto cases are paused

隨著加密案件的暫停，SEC的重點轉移

During his presidential campaign, President Trump expressed support for cryptocurrency and said he was open to the U.S. adopting Bitcoin. After winning the election, he appointed officials known for their ties to the crypto industry. For example, President Trump's pick to run the Securities and Exchange Commission (SEC), Paul Atkins, previously served as the co-chairman of a crypto advocacy organization called the Token Alliance and as an advisory board member of blockchain company Securitize.

在總統競選期間，特朗普總統表示支持加密貨幣，並表示他對美國採用比特幣開放。贏得選舉後，他任命了以與加密貨幣行業聯繫而聞名的官員。例如，特朗普總統主持證券交易委員會（SEC）的選秀權保羅·阿特金斯（SEC）以前曾擔任一個名為“代幣聯盟”的加密宣傳組織的聯合主席，並擔任區塊鏈公司證券化的顧問委員會成員。

Atkins was confirmed by the Senate in April, but even before he was officially sworn in, the SEC paused or withdrew several of its active legal cases. Among them was the SEC's case against Ripple, which began in December 2020. The agency was also set to sue Binance, the world's largest cryptocurrency exchange, and Coinbase (NASDAQ:COIN), the largest U.S. cryptocurrency exchange, but ultimately decided against it.

參議院在四月份得到了阿特金斯的確認，但甚至在他正式宣誓就職之前，SEC暫停或撤回了其幾起活躍的法律案件。其中包括SEC對Ripple的案件，該機構還將起訴全球最大的加密貨幣交易所Binance和Coinbase（NASDAQ：COIN），這是美國最大的加密貨幣交易所，但最終決定反對。

"We are focused on using our limited resources to pursue the most pressing cases," an SEC spokesperson told Blockworks in April.

SEC發言人在4月對Blockworks表示：“我們專注於利用有限的資源來追求最緊迫的案件。”

After the SEC announced it was putting a hold on several cases, President Trump appointed Elon Musk to run an external government agency called the "Department of Government Efficiency" -- or DOGE for short -- which would focus on slashing wasteful spending to reduce America's national debt.

SEC宣布將其擱置在幾個案件之後，特朗普總統任命埃隆·馬斯克（Elon Musk）經營一個名為“政府效率部”的外部政府機構，或簡稱為簡稱 - 這將著重於削減浪費的支出以減少美國的國債。

The DOGE acronym is a clear nod to Musk's favorite cryptocurrency, and once again, investors speculated that he would find new ways to drive value for the meme token. But as I highlighted earlier, there has been no indication that cryptocurrencies will play any role in the DOGE initiative.

Doge首字母縮寫是對Musk最喜歡的加密貨幣的明顯致敬，而且投資者再次推測，他會找到新的方法來推動Meme令牌的價值。但是，正如我之前強調的那樣，沒有跡象表明加密貨幣將在Doge倡議中發揮任何作用。

Elon Musk steps down to focus on Tesla, SpaceX

埃隆·馬斯克（Elon Musk

In a statement released on Thursday, President Trump said: "Elon will be stepping down from his role as the head of DOGE to focus on his own companies and on creating new technologies that will help to improve the lives of Americans."

特朗普總統在周四發表的一份聲明中說：“埃隆將辭去他擔任總督負責人的角色，專注於自己的公司，並創建新技術，以幫助改善美國人的生活。”

The president added that he was grateful for Musk's service and that he looked forward to continuing to work with him in the future.

總統補充說，他感謝馬斯克的服務，他期待將來繼續與他合作。

"I have enjoyed working with Elon over the past year and a half," President Trump said. "He is a brilliant and creative thinker who is passionate about making a difference in the world."

特朗普總統說：“在過去的一年半中，我很高興與埃隆合作。” “他是一個聰明而有創造力的思想家，他熱衷於在世界上改變。”

"I am grateful for his service to our country and I look forward to continuing to work with him in the future on issues that are important to both of us, such as space exploration and artificial intelligence."

“我感謝他為我們國家的服務，我期待著將來繼續與他一起在對我們倆重要的問題上，例如太空探索和人工智能。”

Musk's appointment to the DOGE agency came after he had expressed support for Dogecoin on social media since 2019 by regularly posting memes and engaging in friendly banter with other enthusiasts. In 2021, investors seemed to interpret his growing support as a ringing endorsement of the meme token's potential, and speculation swirled that he would make some kind of bullish announcement during his appearance on Saturday Night Live (SNL) on May 8 of that year.

自2019年以來，馬斯克（Musk）的任命是在他在社交媒體上表達了對Dogecoin的支持，並通過定期發布模因並與其他愛好者進行友好的玩笑。 2021年，投資者似乎將他的支持不斷地解釋為對模因令牌潛力的響起認可，並且猜測他將在當年5月8日在周六夜現場（SNL）露面時發表某種看漲的公告。

Dogecoin peaked at $0.73 on that date, as Musk did nothing more than participate in a comedy skit. Investors quickly realized he didn't have a concrete plan that could actually drive value for the meme token, so it spent the next 12 months plunging. By mid-2022, it had lost more than 90% of its value.

Dogecoin在那個日期達到了0.73美元的頂峰，因為馬斯克只參加了喜劇短劇。投資者很快意識到，他沒有一個具體的計劃，實際上可以為模因令牌帶來價值，因此在接下來的12個月中花了很多時間。到2022年中，它損失了其價值的90％以上。

Dogecoin remained dormant for 2023 and most of 2024 but found new life following President Trump's election win. Momentum accelerated when he announced Musk would run the external government agency. However, the token's latest rally stopped well short of its record high from 2021, and it is now trending lower once again.

Dogecoin在2023年和2024年的大部分時間裡一直處於休眠狀態，但在特朗普總統大選勝利之後發現了新的生活。當馬斯克宣布將經營外部政府機構時，動力加速了。但是，該令牌的最新集會遠遠超過了2021年的紀錄高度，現在它再次降低了。