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·马斯克（Elon Musk）正在辞去他在唐纳德·特朗普（Donald Trump）总统政府中的角色，抛弃了一项亲克赖特（Crypto）政策的遗产，这些政策可能会继续推动比特币和其他主要代币的价值。

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年总统大选期间，唐纳德·特朗普（Donald Trump）在2020年总统大选期间朝着更加干预主义的经济政策进行了旋转之后，通过采用加密投资的方法来使许多投资者感到惊讶。尽管美国政府在今年早些时候建立了战略性比特币储备金和数字资产库存，但目前尚无政府购买任何加密货币的计划。

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，特朗普总统的政府致力于削减繁文tape节和减少政府的过度侵犯，这对加密货币产业来说是很好的。今年早些时候，国会批准了一项法案，以扩大向国税局（IRS）报告加密货币收益的窗口。但是政府干预了从立法的最终版本中删除该规定。

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，特朗普总统发誓要削减美国的国债，这可以通过降低政府计划的范围来帮助。朝这个方向迈进的行动可能会使加密货币受益，因为它们通常用于促进跨境支付，这是政府干预通常最大的领域。

Image source: Getty Images.

图像来源：盖蒂图像。

The SEC's focus shifts as crypto cases are paused

随着加密案件的暂停，SEC的重点转移

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.

在总统竞选期间，特朗普总统表示支持加密货币，并表示他对美国采用比特币开放。赢得选举后，他任命了以与加密货币行业联系而闻名的官员。例如，特朗普总统主持证券交易委员会（SEC）的选秀权保罗·阿特金斯（SEC）以前曾担任一个名为“代币联盟”的加密宣传组织的联合主席，并担任区块链公司证券化的顾问委员会成员。

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.

参议院在四月份得到了阿特金斯的确认，但甚至在他正式宣誓就职之前，SEC暂停或撤回了其几起活跃的法律案件。其中包括SEC对Ripple的案件，该机构还将起诉全球最大的加密货币交易所Binance和Coinbase（NASDAQ：COIN），这是美国最大的加密货币交易所，但最终决定反对。

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

SEC发言人在4月对Blockworks表示：“我们专注于利用有限的资源来追求最紧迫的案件。”

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宣布将其搁置在几个案件之后，特朗普总统任命埃隆·马斯克（Elon Musk）经营一个名为“政府效率部”的外部政府机构，或简称为简称 - 这将着重于削减浪费的支出以减少美国的国债。

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首字母缩写是对Musk最喜欢的加密货币的明显致敬，而且投资者再次推测，他会找到新的方法来推动Meme令牌的价值。但是，正如我之前强调的那样，没有迹象表明加密货币将在Doge倡议中发挥任何作用。

Elon Musk steps down to focus on Tesla, SpaceX

埃隆·马斯克（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."

特朗普总统在周四发表的一份声明中说：“埃隆将辞去他担任总督负责人的角色，专注于自己的公司，并创建新技术，以帮助改善美国人的生活。”

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.

总统补充说，他感谢马斯克的服务，他期待将来继续与他合作。

"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."

特朗普总统说：“在过去的一年半中，我很高兴与埃隆合作。” “他是一个聪明而有创造力的思想家，他热衷于在世界上改变。”

"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."

“我感谢他为我们国家的服务，我期待着将来继续与他一起在对我们俩重要的问题上，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年以来，马斯克（Musk）的任命是在他在社交媒体上表达了对Dogecoin的支持，并通过定期发布模因并与其他爱好者进行友好的玩笑。 2021年，投资者似乎将他的支持不断地解释为对模因令牌潜力的响起认可，并且猜测他将在当年5月8日在周六夜现场（SNL）露面时发表某种看涨的公告。

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在那个日期达到了0.73美元的顶峰，因为马斯克只参加了喜剧短剧。投资者很快意识到，他没有一个具体的计划，实际上可以为模因令牌带来价值，因此在接下来的12个月中花了很多时间。到2022年中，它损失了其价值的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年的大部分时间里一直处于休眠状态，但在特朗普总统大选胜利之后发现了新的生活。当马斯克宣布将经营外部政府机构时，动力加速了。但是，该令牌的最新集会远远超过了2021年的纪录高度，现在它再次降低了。