{"id":21743,"date":"2025-10-09T22:49:58","date_gmt":"2025-10-09T15:49:58","guid":{"rendered":"https:\/\/nopphatnguoi.vn\/blog\/hong-kong-siet-quy-dinh-ve-stablecoin-trong-boi-canh-thi-truong-tai-chinh-bien-dong\/"},"modified":"2025-10-09T22:50:00","modified_gmt":"2025-10-09T15:50:00","slug":"hong-kong-siet-quy-dinh-ve-stablecoin-trong-boi-canh-thi-truong-tai-chinh-bien-dong","status":"publish","type":"post","link":"https:\/\/nopphatnguoi.vn\/blog\/hong-kong-siet-quy-dinh-ve-stablecoin-trong-boi-canh-thi-truong-tai-chinh-bien-dong\/","title":{"rendered":"Hong Kong si\u1ebft quy \u0111\u1ecbnh v\u1ec1 stablecoin trong b\u1ed1i c\u1ea3nh th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh bi\u1ebfn \u0111\u1ed9ng"},"content":{"rendered":"<div>\n<div>\n<p>H&#7891;ng K&ocirc;ng ch&iacute;nh th&#7913;c c&ocirc;ng b&#7889; khu&ocirc;n kh&#7893; quy &#273;&#7883;nh cho stablecoin &#273;&#432;&#7907;c h&#7895; tr&#7907; b&#7903;i ti&#7873;n fiat, &#273;&aacute;nh d&#7845;u b&#432;&#7899;c ti&#7871;n quan tr&#7885;ng trong gi&aacute;m s&aacute;t t&agrave;i s&#7843;n k&#7929; thu&#7853;t s&#7889;. T&#7915; ng&agrave;y 1\/8, c&aacute;c nh&agrave; ph&aacute;t h&agrave;nh stablecoin ph&#7843;i xin gi&#7845;y ph&eacute;p t&#7915; Ng&acirc;n h&agrave;ng Trung &#432;&#417;ng H&#7891;ng K&ocirc;ng (HKMA), v&#7899;i th&#7901;i gian &acirc;n h&#7841;n s&aacute;u th&aacute;ng cho c&aacute;c nh&agrave; v&#7853;n h&agrave;nh hi&#7879;n t&#7841;i. Quy &#273;&#7883;nh m&#7899;i bao g&#7891;m qu&#7843;n l&yacute; t&agrave;i s&#7843;n d&#7921; tr&#7919;, ki&#7875;m so&aacute;t ch&#7889;ng r&#7917;a ti&#7873;n v&agrave; c&#417; ch&#7871; redeption &#8211; &#273;&#432;&#7907;c coi l&agrave; nghi&ecirc;m ng&#7863;t nh&#432;ng th&#7875; hi&#7879;n s&#7921; c&ocirc;ng nh&#7853;n m&#7841;nh m&#7869; c&#7911;a ch&iacute;nh ph&#7911; &#273;&#7889;i v&#7899;i stablecoin.<\/p>\n<p>Vi&#7879;c c&ocirc;ng b&#7889; n&agrave;y &#273;&atilde; k&iacute;ch ho&#7841;t l&agrave;n s&oacute;ng g&acirc;y qu&#7929; trong l&#297;nh v&#7921;c fintech &#273;&#7883;a ph&#432;&#417;ng. Theo Reuters, &iacute;t nh&#7845;t 10 c&ocirc;ng ty ni&ecirc;m y&#7871;t t&#7841;i H&#7891;ng K&ocirc;ng &#273;&atilde; huy &#273;&#7897;ng &#273;&#432;&#7907;c 1,5 t&#7927; USD qua c&aacute;c &#273;&#7907;t ph&aacute;t h&agrave;nh c&#7893; phi&#7871;u, nh&#7857;m chuy&#7875;n v&#7889;n v&agrave;o stablecoin, h&#7879; th&#7889;ng thanh to&aacute;n blockchain v&agrave; d&#7921; &aacute;n ti&#7873;n &#273;i&#7879;n t&#7917;. Nh&#7919;ng c&aacute;i t&ecirc;n &#273;&aacute;ng ch&uacute; &yacute; nh&#432; OSL Group, ho&agrave;n th&agrave;nh v&ograve;ng t&agrave;i tr&#7907; v&#7889;n c&#7893; ph&#7847;n tr&#7883; gi&aacute; 300 tri&#7879;u USD v&agrave;o cu&#7889;i th&aacute;ng 7, c&ugrave;ng Dmall Inc. v&agrave; SenseTime Group.<\/p>\n<p>S&#7921; gia t&#259;ng n&agrave;y ph&ugrave; h&#7907;p v&#7899;i l&agrave;n s&oacute;ng &#7911;ng h&#7897; ti&#7873;n &#273;i&#7879;n t&#7917; tr&ecirc;n kh&#7855;p ch&acirc;u &Aacute;, m&#7897;t ph&#7847;n &#273;&#432;&#7907;c k&iacute;ch th&iacute;ch b&#7903;i &#273;&#7897;ng th&aacute;i qu&#7843;n l&yacute; t&#7841;i M&#7929;. Vi&#7879;c T&#7893;ng th&#7889;ng M&#7929; Donald Trump k&yacute; v&agrave;o &#272;&#7841;o lu&#7853;t GENIUS v&agrave;o gi&#7919;a th&aacute;ng 7 &#8211; d&#7921; lu&#7853;t t&agrave;i s&#7843;n k&#7929; thu&#7853;t s&#7889; l&#7899;n &#273;&#7847;u ti&ecirc;n c&#7911;a M&#7929; &#8211; &#273;&atilde; t&#259;ng th&ecirc;m uy t&iacute;n cho th&#7883; tr&#432;&#7901;ng stablecoin v&agrave; c&#7911;ng c&#7889; m&#7889;i quan t&acirc;m xuy&ecirc;n bi&ecirc;n gi&#7899;i.<\/p>\n<p>C&aacute;c n&#7873;n kinh t&#7871; ch&acirc;u &Aacute; kh&aacute;c nh&#432; H&agrave;n Qu&#7889;c, Malaysia, Th&aacute;i Lan v&agrave; Philippines c&#361;ng th&#7875; hi&#7879;n s&#7921; quan t&acirc;m ng&agrave;y c&agrave;ng t&#259;ng &#273;&#7889;i v&#7899;i stablecoin &#273;&#432;&#7907;c ch&#7889;t trong khu v&#7921;c. T&#7841;i H&agrave;n Qu&#7889;c, c&aacute;c giao d&#7883;ch li&ecirc;n quan &#273;&#7871;n USDC, USDT v&agrave; USDS tr&ecirc;n c&aacute;c s&agrave;n giao d&#7883;ch trong n&#432;&#7899;c &#273;&atilde; &#273;&#7841;t 41 t&#7927; USD trong qu&yacute; 1 n&#259;m 2025. &#272;&#7843;ng c&#7847;m quy&#7873;n &#273;&atilde; &#273;&#7873; xu&#7845;t &#272;&#7841;o lu&#7853;t C&#417; b&#7843;n v&#7873; T&agrave;i s&#7843;n K&#7929; thu&#7853;t s&#7889; &#273;&#7875; cho ph&eacute;p ph&aacute;t h&agrave;nh stablecoin d&#7921;a tr&ecirc;n &#273;&#7891;ng won.<\/p>\n<p>Th&ocirc;ng tin trong b&agrave;i vi&#7871;t ch&#7881; mang t&iacute;nh ch&#7845;t th&ocirc;ng tin v&agrave; kh&ocirc;ng c&#7845;u th&agrave;nh t&#432; v&#7845;n t&agrave;i ch&iacute;nh, &#273;&#7847;u t&#432; ho&#7863;c giao d&#7883;ch. Coindoo.com kh&ocirc;ng &#7911;ng h&#7897; ho&#7863;c khuy&#7871;n ngh&#7883; b&#7845;t k&#7923; chi&#7871;n l&#432;&#7907;c &#273;&#7847;u t&#432; c&#7909; th&#7875; ho&#7863;c ti&#7873;n &#273;i&#7879;n t&#7917; n&agrave;o. Lu&ocirc;n th&#7921;c hi&#7879;n nghi&ecirc;n c&#7913;u c&#7911;a ri&ecirc;ng b&#7841;n v&agrave; tham kh&#7843;o &yacute; ki&#7871;n t&#7915; c&#7889; v&#7845;n t&agrave;i ch&iacute;nh &#273;&#432;&#7907;c c&#7845;p ph&eacute;p tr&#432;&#7899;c khi &#273;&#432;a ra b&#7845;t k&#7923; quy&#7871;t &#273;&#7883;nh &#273;&#7847;u t&#432; n&agrave;o.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>H\u1ed3ng K\u00f4ng \u0111\u00e3 ban h\u00e0nh quy \u0111\u1ecbnh m\u1edbi v\u1ec1 stablecoin, y\u00eau c\u1ea7u t\u1ea5t c\u1ea3 c\u00e1c nh\u00e0 ph\u00e1t h\u00e0nh ph\u1ea3i c\u00f3 gi\u1ea5y ph\u00e9p t\u1eeb C\u01a1 quan Ti\u1ec1n t\u1ec7 H\u1ed3ng K\u00f4ng (HKMA). C\u00e1c quy t\u1eafc m\u1edbi c\u0169ng \u0111\u1ec1 c\u1eadp \u0111\u1ebfn c\u00e1c l\u0129nh v\u1ef1c ho\u1ea1t \u0111\u1ed9ng ch\u00ednh, bao g\u1ed3m qu\u1ea3n l\u00fd t\u00e0i s\u1ea3n d\u1ef1 tr\u1eef, ki\u1ec3m so\u00e1t ch\u1ed1ng r\u1eeda ti\u1ec1n v\u00e0 c\u01a1 ch\u1ebf \u0111\u1ed5i tr\u1ea3. \u00cdt nh\u1ea5t 10 c\u00f4ng ty ni\u00eam y\u1ebft t\u1ea1i H\u1ed3ng K\u00f4ng \u0111\u00e3 huy \u0111\u1ed9ng \u0111\u01b0\u1ee3c t\u1ed5ng c\u1ed9ng 1,5 t\u1ef7 USD th\u00f4ng qua vi\u1ec7c ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu \u0111\u1ec3 ph\u1ea3n \u1ee9ng v\u1edbi th\u00f4ng b\u00e1o n\u00e0y.<\/p>\n","protected":false},"author":1,"featured_media":21744,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[3],"tags":[16801,16800,299,16802,5613,16799],"class_list":["post-21743","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-thoi-su","tag-chong-rua-tien","tag-co-quan-tien-te-hong-kong","tag-hong-kong","tag-phat-hanh-co-phieu","tag-quan-ly-tai-san","tag-quy-dinh-stablecoin"],"_links":{"self":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/posts\/21743","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=21743"}],"version-history":[{"count":0,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/posts\/21743\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/media\/21744"}],"wp:attachment":[{"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/media?parent=21743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/categories?post=21743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nopphatnguoi.vn\/blog\/wp-json\/wp\/v2\/tags?post=21743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}