{"id":16976,"date":"2025-09-24T12:00:08","date_gmt":"2025-09-24T05:00:08","guid":{"rendered":"https:\/\/nopphatnguoi.vn\/blog\/ha-vien-my-thong-qua-du-luat-quan-ly-stablecoin-va-tien-so\/"},"modified":"2025-09-24T12:00:10","modified_gmt":"2025-09-24T05:00:10","slug":"ha-vien-my-thong-qua-du-luat-quan-ly-stablecoin-va-tien-so","status":"publish","type":"post","link":"https:\/\/nopphatnguoi.vn\/blog\/ha-vien-my-thong-qua-du-luat-quan-ly-stablecoin-va-tien-so\/","title":{"rendered":"H\u1ea1 vi\u1ec7n M\u1ef9 th\u00f4ng qua d\u1ef1 lu\u1eadt qu\u1ea3n l\u00fd stablecoin v\u00e0 ti\u1ec1n s\u1ed1"},"content":{"rendered":"<div>\n<p>Ng&agrave;y 17\/7, H&#7841; vi&#7879;n M&#7929; &#273;&atilde; b&#7887; phi&#7871;u th&ocirc;ng qua m&#7897;t d&#7921; lu&#7853;t quan tr&#7885;ng nh&#7857;m t&#7841;o ra khung ph&aacute;p l&yacute; cho c&aacute;c ti&#7873;n s&#7889; neo c&#7889; &#273;&#7883;nh theo gi&aacute; &#273;&ocirc;la M&#7929;, hay c&ograve;n g&#7885;i l&agrave; stablecoin. D&#7921; lu&#7853;t n&agrave;y, &#273;&#432;&#7907;c bi&#7871;t &#273;&#7871;n v&#7899;i t&ecirc;n g&#7885;i Genius Act, &#273;&aacute;nh d&#7845;u m&#7897;t b&#432;&#7899;c ngo&#7863;t quan tr&#7885;ng cho ng&agrave;nh t&agrave;i s&#7843;n s&#7889; t&#7841;i M&#7929; sau nhi&#7873;u n&#259;m th&uacute;c &#273;&#7849;y li&ecirc;n bang ban h&agrave;nh lu&#7853;t qu&#7843;n l&yacute;.<\/p>\n<p>D&#7921; lu&#7853;t Genius Act y&ecirc;u c&#7847;u c&aacute;c token &#273;&#432;&#7907;c b&#7843;o &#273;&#7843;m b&#7857;ng t&agrave;i s&#7843;n thanh kho&#7843;n cao, nh&#432; USD ho&#7863;c tr&aacute;i phi&#7871;u ch&iacute;nh ph&#7911; M&#7929; ng&#7855;n h&#7841;n. C&aacute;c t&#7893; ch&#7913;c ph&aacute;t h&agrave;nh c&#361;ng ph&#7843;i c&ocirc;ng khai th&agrave;nh ph&#7847;n c&#7911;a t&agrave;i s&#7843;n b&#7843;o &#273;&#7843;m m&#7895;i th&aacute;ng. &#272;i&#7873;u n&agrave;y nh&#7857;m &#273;&#7843;m b&#7843;o t&iacute;nh minh b&#7841;ch v&agrave; &#7893;n &#273;&#7883;nh c&#7911;a c&aacute;c stablecoin tr&ecirc;n th&#7883; tr&#432;&#7901;ng. D&#7921; lu&#7853;t n&agrave;y &#273;&atilde; nh&#7853;n &#273;&#432;&#7907;c s&#7921; &#7911;ng h&#7897; c&#7911;a c&#7843; hai &#273;&#7843;ng v&agrave; d&#7921; ki&#7871;n s&#7869; &#273;&#432;&#7907;c chuy&#7875;n l&ecirc;n T&#7893;ng th&#7889;ng M&#7929; Joe Biden &#273;&#7875; k&yacute; duy&#7879;t th&agrave;nh lu&#7853;t.<\/p>\n<p>B&ecirc;n c&#7841;nh &#273;&oacute;, H&#7841; vi&#7879;n M&#7929; c&#361;ng th&ocirc;ng qua hai d&#7921; lu&#7853;t kh&aacute;c li&ecirc;n quan &#273;&#7871;n ti&#7873;n s&#7889;. D&#7921; lu&#7853;t Clarity Act t&#7841;o ra khung ph&aacute;p l&yacute; cho ti&#7873;n s&#7889; v&agrave; l&agrave;m r&otilde; quy&#7873;n h&#7841;n c&#7911;a &#7910;y ban Ch&#7913;ng kho&aacute;n M&#7929; (SEC) trong l&#297;nh v&#7921;c n&agrave;y. D&#7921; lu&#7853;t n&agrave;y s&#7869; &#273;&#7883;nh ngh&#297;a r&otilde; r&agrave;ng khi n&agrave;o m&#7897;t lo&#7841;i ti&#7873;n m&atilde; h&oacute;a &#273;&#432;&#7907;c coi l&agrave; ch&#7913;ng kho&aacute;n hay h&agrave;ng h&oacute;a, gi&uacute;p gi&#7843;m thi&#7875;u s&#7921; ch&#7891;ng ch&eacute;o v&agrave; xung &#273;&#7897;t trong vi&#7879;c qu&#7843;n l&yacute; ti&#7873;n s&#7889;.<\/p>\n<p>M&#7897;t d&#7921; lu&#7853;t kh&aacute;c, c&#7845;m M&#7929; ph&aacute;t h&agrave;nh ti&#7873;n k&#7929; thu&#7853;t s&#7889; c&#7911;a ng&acirc;n h&agrave;ng trung &#432;&#417;ng (CBDC), c&#361;ng &#273;&atilde; &#273;&#432;&#7907;c th&ocirc;ng qua. D&#7921; lu&#7853;t n&agrave;y t&#7915;ng l&agrave; &#273;i&#7875;m ngh&#7869;n l&#7899;n trong c&aacute;c cu&#7897;c th&#7843;o lu&#7853;n t&#7841;i H&#7841; vi&#7879;n tu&#7847;n qua, v&#7899;i c&aacute;c ngh&#7883; s&#297; &#273;&#7843;ng C&#7897;ng h&ograve;a cho r&#7857;ng n&oacute; s&#7869; vi ph&#7841;m quy&#7873;n ri&ecirc;ng t&#432; c&#7911;a ng&#432;&#7901;i M&#7929;. Tuy nhi&ecirc;n, v&#7899;i vi&#7879;c th&ocirc;ng qua d&#7921; lu&#7853;t n&agrave;y, H&#7841; vi&#7879;n M&#7929; &#273;&atilde; th&#7875; hi&#7879;n quan &#273;i&#7875;m r&otilde; r&agrave;ng v&#7873; v&#7845;n &#273;&#7873; n&agrave;y.<\/p>\n<p>Ng&agrave;nh ti&#7873;n s&#7889; t&#7841;i M&#7929; &#273;&atilde; tr&#7843;i qua m&#7897;t b&#432;&#7899;c ngo&#7863;t m&#7899;i sau nhi&#7873;u n&#259;m ch&#7901; &#273;&#7907;i. Theo Summer Mersinger, ng&#432;&#7901;i &#273;&#7913;ng &#273;&#7847;u Hi&#7879;p h&#7897;i Ti&#7873;n s&#7889; M&#7929;, quy&#7871;t &#273;&#7883;nh c&#7911;a H&#7841; vi&#7879;n l&agrave; &#8216;b&#432;&#7899;c ngo&#7863;t trong s&#7921; ph&aacute;t tri&#7875;n ch&iacute;nh s&aacute;ch t&agrave;i s&#7843;n s&#7889; t&#7841;i M&#7929;&#8217;. Vi&#7879;c c&oacute; m&#7897;t khung ph&aacute;p l&yacute; r&otilde; r&agrave;ng s&#7869; gi&uacute;p c&aacute;c stablecoin v&agrave; token kh&aacute;c &#273;&#432;&#7907;c s&#7917; d&#7909;ng r&#7897;ng r&atilde;i h&#417;n, &#273;&#7891;ng th&#7901;i t&#259;ng c&#432;&#7901;ng s&#7921; tin t&#432;&#7903;ng c&#7911;a nh&agrave; &#273;&#7847;u t&#432; v&agrave;o th&#7883; tr&#432;&#7901;ng ti&#7873;n s&#7889;.<\/p>\n<p>N&#259;m 2024, c&aacute;c doanh nghi&#7879;p v&agrave; c&aacute; nh&acirc;n trong ng&agrave;nh ti&#7873;n s&#7889; &#273;&atilde; chi h&#417;n 119 tri&#7879;u USD trong c&aacute;c cu&#7897;c b&#7847;u c&#7917; cho nh&#7919;ng &#7913;ng c&#7917; vi&ecirc;n &#7911;ng h&#7897; ti&#7873;n s&#7889;. T&#7893;ng th&#7889;ng M&#7929; Joe Biden &#273;&atilde; t&igrave;m c&aacute;ch c&#7843;i t&#7893; to&agrave;n di&#7879;n ch&iacute;nh s&aacute;ch ti&#7873;n s&#7889; c&#7911;a M&#7929;, sau khi k&ecirc;u g&#7885;i &#273;&#432;&#7907;c s&#7921; &#7911;ng h&#7897; c&#7911;a ng&agrave;nh n&agrave;y trong chi&#7871;n d&#7883;ch tranh c&#7917;. Tuy nhi&ecirc;n, c&#259;ng th&#7859;ng t&#7841;i Qu&#7889;c h&#7897;i xung quanh c&aacute;c ho&#7841;t &#273;&#7897;ng ti&#7873;n s&#7889; c&#7911;a T&#7893;ng th&#7889;ng M&#7929; Joe Biden t&#7915;ng &#273;e d&#7885;a hy v&#7885;ng c&#7911;a ng&agrave;nh n&agrave;y v&#7873; vi&#7879;c c&oacute; lu&#7853;t trong n&#259;m nay.<\/p>\n<p>C&aacute;c ngh&#7883; s&#297; D&acirc;n ch&#7911; ng&agrave;y c&agrave;ng ch&#7881; tr&iacute;ch m&#7841;nh vi&#7879;c &ocirc;ng Biden v&agrave; c&aacute;c th&agrave;nh vi&ecirc;n gia &#273;&igrave;nh qu&#7843;ng b&aacute; c&aacute;c d&#7921; &aacute;n ti&#7873;n s&#7889; c&aacute; nh&acirc;n. Tuy nhi&ecirc;n, v&#7899;i vi&#7879;c th&ocirc;ng qua c&aacute;c d&#7921; lu&#7853;t quan tr&#7885;ng n&agrave;y, H&#7841; vi&#7879;n M&#7929; &#273;&atilde; th&#7875; hi&#7879;n s&#7921; cam k&#7871;t trong vi&#7879;c t&#7841;o ra m&#7897;t m&ocirc;i tr&#432;&#7901;ng ph&aacute;p l&yacute; r&otilde; r&agrave;ng v&agrave; &#7893;n &#273;&#7883;nh cho ng&agrave;nh ti&#7873;n s&#7889; t&#7841;i M&#7929;. &#272;i&#7873;u n&agrave;y c&oacute; th&#7875; gi&uacute;p M&#7929; duy tr&igrave; v&#7883; tr&iacute; d&#7851;n &#273;&#7847;u trong l&#297;nh v&#7921;c ti&#7873;n s&#7889; v&agrave; c&ocirc;ng ngh&#7879; blockchain to&agrave;n c&#7847;u.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>H\u1ea1 vi\u1ec7n M\u1ef9 th\u00f4ng qua d\u1ef1 lu\u1eadt qu\u1ea3n l\u00fd stablecoin v\u00e0 khung ph\u00e1p l\u00fd cho ti\u1ec1n s\u1ed1. D\u1ef1 lu\u1eadt cho ph\u00e9p s\u1eed d\u1ee5ng stablecoin \u0111\u01b0\u1ee3c b\u1ea3o \u0111\u1ea3m b\u1eb1ng t\u00e0i s\u1ea3n thanh kho\u1ea3n cao v\u00e0 y\u00eau c\u1ea7u c\u00f4ng b\u1ed1 th\u00e0nh ph\u1ea7n t\u00e0i s\u1ea3n b\u1ea3o \u0111\u1ea3m h\u00e0ng th\u00e1ng.<\/p>\n","protected":false},"author":1,"featured_media":16977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[3],"tags":[13609,715,13610,539,5350],"class_list":["post-16976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-thoi-su","tag-du-luat-quan-ly","tag-ha-vien-my","tag-khung-phap-ly","tag-stablecoin","tag-tien-so"],"_links":{"self":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/posts\/16976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/comments?post=16976"}],"version-history":[{"count":0,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/posts\/16976\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/media\/16977"}],"wp:attachment":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/media?parent=16976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/categories?post=16976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/tags?post=16976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}