ืžื•ืคืขืœ ืข"ื™
Regulation & Legal

ืžื™ื™ืงืœ ืกืœื™ื’ ืื•ืฉืจ ื›ื™ื•"ืจ ื”-CFTC, ืžื” ืฉืžืฆื™ื‘ ืืช ืžื‘ื ื” ืฉื•ืง ื”ืงืจื™ืคื˜ื• ื‘ื ืงื•ื“ืช ืžืคื ื” ืจื’ื•ืœื˜ื•ืจื™ืช

ื”ืกื ืื˜ ืื™ืฉืจ ืืช ืžื™ื™ืงืœ ืกืœื™ื’ ืœื”ื•ื‘ื™ืœ ืืช CFTC, ืžื” ืฉืžื™ื™ืฆืจ ืชืฉืชื™ืช ืœื”ืจื—ื‘ืช ื”ืคื™ืงื•ื— ืขืœ ืงืจื™ืคื˜ื•, ืชื ื•ืคื” ืžื—ื•ื“ืฉืช ืขืœ ืจื’ื•ืœืฆื™ื” ืฉืœ ื ื›ืกื™ื ื“ื™ื’ื™ื˜ืœื™ื™ื ื•ืขื™ืฆื•ื‘ ืžื—ื“ืฉ ืฉืœ ืžื“ื™ื ื™ื•ืช ื”ืžื‘ื ื” ื”ืฉื•ืง ื‘ืืจื”โ€ื‘ ื›ืฉื”ืงื•ื•ื™ื ื”ืžื ื”ืœื™ื™ื ืขื•ืžื“ื™ื ื‘ืœื—ืฅ ื’ื•ื‘ืจ.

ื ื›ืชื‘ ืข"ื™
ืฉืชืฃ
ืžื™ื™ืงืœ ืกืœื™ื’ ืื•ืฉืจ ื›ื™ื•"ืจ ื”-CFTC, ืžื” ืฉืžืฆื™ื‘ ืืช ืžื‘ื ื” ืฉื•ืง ื”ืงืจื™ืคื˜ื• ื‘ื ืงื•ื“ืช ืžืคื ื” ืจื’ื•ืœื˜ื•ืจื™ืช

ื”ืฆื‘ืขืช ื”ืกื ืื˜ ืžืกืžื ืช ืฉื™ื ื•ื™ ื‘ื›ื™ื•ื•ืŸ ื”ืจื’ื•ืœืฆื™ื” ืขืœ ืงืจื™ืคื˜ื•

ืฉื™ื ื•ื™ ืžื ื”ื™ื’ื•ืช ื‘ืจื’ื•ืœื˜ื•ืจ ืžืจื›ื–ื™ ื‘ืืจื”โ€ื‘ ืžืกืžืŸ ืจื’ืข ืžื›ืจื™ืข ืœืžื“ื™ื ื™ื•ืช ื”ื ื›ืกื™ื ื”ื“ื™ื’ื™ื˜ืœื™ื™ื. ื”ืกื ืื˜ ื”ืืžืจื™ืงืื™ ืื™ืฉืจ ืืช ืžื™ื™ืงืœ ืกืœื™ื’ ื‘-18 ืœื“ืฆืžื‘ืจ ื›ื™ื•ืฉื‘ ื”ืจืืฉ ื”-15 ืฉืœ ื•ืขื“ืช ืกื—ืจ ื”ื—ื•ื–ื™ื ื”ืขืชื™ื“ื™ื™ื ืขืœ ืกื—ื•ืจื•ืช (CFTC), ื•ืžืฆื™ื‘ ืืช ื”ืกื•ื›ื ื•ืช ื‘ืคื™ืงื•ื— ืžื•ื’ื‘ืจ ืขืœ ืงืจื™ืคื˜ื•.

ื”ืชื’ื•ื‘ื” ื‘ื’ื‘ืขืช ื”ืงืคื™ื˜ื•ืœ ื”ื“ื’ื™ืฉื” ื‘ืžื”ื™ืจื•ืช ืืช ื”ืฆื™ืคื™ื•ืช ืœืฉื™ืชื•ืฃ ืคืขื•ืœื” ื‘ืžื“ื™ื ื™ื•ืช ื”ื ื›ืกื™ื ื”ื“ื™ื’ื™ื˜ืœื™ื™ื. ื•ืขื“ืช ื”ืฉื™ืจื•ืชื™ื ื”ืคื™ื ื ืกื™ื™ื ืฉืœ ื”ื‘ื™ืช, ืฉืžืฉื—ืงืช ืชืคืงื™ื“ ืžืจื›ื–ื™ ื‘ื—ืงื™ืงื” ืขืœ ืžื‘ื ื” ื”ืฉื•ืง, ืฉื™ืชืคื” ื‘ืคืœื˜ืคื•ืจืžืช ื”ืžื“ื™ื” ื”ื—ื‘ืจืชื™ืช X: โ€œืžื–ืœ ื˜ื•ื‘ ืœืžื™ื™ืง ืกืœื™ื’ ืขืœ ืื™ืฉื•ืจื• ื›ื™ื•ืฉื‘ ืจืืฉ ื”-CFTC. ื”-CFTC ื”ื•ื ืฉื•ืชืฃ ืงืจื™ื˜ื™ ื‘ืฉื•ื•ืงื™ื ื”ืคื™ื ื ืกื™ื™ื ืฉืœื ื•.โ€ ื”ืคื•ืกื˜ ื”ื•ืกื™ืฃ:

ื‘ื”ืชื‘ืกืก ืขืœ ืขื‘ื•ื“ืช ื”ื‘ื™ืช, ื”ื•ื•ืขื“ื” ืžืฆืคื” ืœืขื‘ื•ื“ ืื™ืชื• ื•ื”-SEC ื›ื“ื™ ืœืกืคืง ื‘ื”ื™ืจื•ืช ืจื’ื•ืœื˜ื•ืจื™ืช ืืจื•ื›ืช ืžื•ืขื“ ื•ืœืคืชื•ืจ ืกื•ื’ื™ื•ืช ืžืคืชื— ืื—ืจื•ืช.

ื”ืžืกืจ ื”ื“ื’ื™ืฉ ืœื—ืฅ ื“ื•-ืžืคืœื’ืชื™ ืœืคืชื•ืจ ืืช ื—ื•ืกืจ ื”ื•ื•ื“ืื•ืช ื”ื ื™ื”ื•ืœื™ืช ืฉื”ืงืฉืชื” ืขืœ ืคื™ืงื•ื— ื”ืฉื•ืง ืฉืœ ื”ืงืจื™ืคื˜ื•.

ื”ืื™ืฉื•ืจ ื”ืชืงื‘ืœ ืœืื—ืจ ื”ืฆื‘ืขื” ืฆืžื•ื“ื” ืฉืœ 53โ€“43 ื•ืื™ืฉืจ ืœืกืœื™ื’ ืชืงื•ืคื” ืฉืžืกืชื™ื™ืžืช ื‘ืืคืจื™ืœ 2029. ื›ื ื™ืกืชื• ืœืขื‘ื•ื“ื” ืžื’ื™ืขื” ืœืื—ืจ ืชืงื•ืคื” ื‘ื™ื ื™ื™ื ืžืžื•ืฉื›ืช ืžืื– ื”ืขื–ื™ื‘ื” ืฉืœ ืจื•ืกื˜ื™ืŸ ื‘ื ื”ื ื‘ื™ื ื•ืืจ, ื‘ืžื”ืœื›ื” ืคื™ืจืกืžื” ืงืจื•ืœื™ื™ืŸ ืคืื ืชืคืงื™ื“ ื™ื•ืฉื‘ ืจืืฉ ื‘ืคื•ืขืœ ืœืจื•ื‘ ืฉื ืช 2025. ืขื–ื™ื‘ืชื” ืฉืœ ืคืื ืžืชืœื•ื•ื™ืช ืœืžื”ืœืš ืœืžื’ื–ืจ ื”ืคืจื˜ื™, ืฉื ื”ื™ื ืžืฆื˜ืจืคืช ืœื—ื‘ืจืช ื”ืงืจื™ืคื˜ื• Moonpay ื›ืงืฆื™ื ืช ื”ื—ื•ืง ื”ืจืืฉื™ืช.

ืงืจื ืขื•ื“: ื”-SEC ืžืคืจืกื ืฉืืœื•ืช ื ืคื•ืฆื•ืช ืขืœ ืงืจื™ืคื˜ื• ื”ืžื‘ื”ื™ืจื•ืช ืืช ื”ื›ืœืœื™ื ืขืœ ืžืกื—ืจ, ืฉืžื™ืจื” ื•ืชืฉืชื™ืช ื”ืฉื•ืง

ื›ืฉื ื›ื ืก ืœืชืคืงื™ื“, ืกืœื™ื’ ืขื•ืžื“ ื‘ืคื ื™ ืืชื’ืจื™ื ืžื‘ื ื™ื™ื ื•ืืกื˜ืจื˜ื’ื™ื™ื. ื”ืจืงืข ืฉืœื• ื›ื™ื•ืขืฅ ื”ืจืืฉื™ ืœืฉืขื‘ืจ ืœืงื‘ื•ืฆืช ื”ืžืฉื™ืžื•ืช ืขืœ ืงืจื™ืคื˜ื• ืฉืœ ื”-SEC ื•ื›ืฉื•ืชืฃ ื‘-Willkie Farr & Gallagher ืขื™ืฆื‘ ืฆื™ืคื™ื•ืช ืœืจื’ื•ืœื˜ื•ืจ ืคืจื’ืžื˜ื™ ื•ืžื•ื“ืข ืœืชืขืฉื™ื™ื”.

ื‘ืžื”ืœืš ืชื”ืœื™ืš ื”ืื™ืฉื•ืจ ืฉืœื•, ื”ื•ื ื”ื‘ื™ืข ืชืžื™ื›ื” ื‘ื—ื•ืงื™ื ืžื‘ื•ืกืกื™ ืขืงืจื•ื ื•ืช ื•ื‘ืžื™ื ื•ืŸ ืžื™ื ื™ืžืœื™ ืฉืœ ืจื’ื•ืœืฆื™ื” ืืคืงื˜ื™ื‘ื™ืช, ืžืชืžืงื“ ื‘ืื›ื™ืคื” ื ื’ื“ ื”ื•ื ืื” ื•ืžื ื™ืคื•ืœืฆื™ื” ืขืœ ืคื ื™ ื”ืคืจื•ืช ื˜ื›ื ื™ื•ืช ืงืœื•ืช. ืขื“ื™ืคื•ื™ื•ืช ืืœื• ืžืชืื™ืžื•ืช ืœืžืืžืฆื™ ื”ืงื•ื ื’ืจืก ื›ืžื• ื—ื•ืง ื”-CLARITY ื”ืžื•ืฆืข, ืฉื™ืจื—ื™ื‘ ืืช ืกืžื›ื•ืช ื”-CFTC ืœืฉื•ื•ืงื™ื ื ืงื•ื“ืชื™ื™ื ืฉืœ ืงืจื™ืคื˜ื• ื•ื™ืฉื“ืจื’ ืืช ืชืคืงื™ื“ื• ื‘ื™ื—ืก ืœ-SEC. ื‘ืชื•ืš ื”ืืจื’ื•ืŸ, ื”ืกื•ื›ื ื•ืช ื ื•ืชืจื” ื‘ื—ื•ืกืจ ื›ื•ื— ืื“ื ืœืื—ืจ ื›ืžื” ื”ืชืคื˜ืจื•ื™ื•ืช ืžื•ืงื“ื ื™ื•ืชืจ ื”ืฉื ื”, ืžื” ืฉืขืฉื•ื™ ืœื”ืฉืื™ืจ ืืช ืกืœื™ื’ ื›ื™ื•ืขืฅ ืžืื•ืฉืจ ื™ื—ื™ื“ ื‘ื˜ื•ื•ื— ื”ืงืจื•ื‘. ื‘ื ื™ื™ื” ืžื—ื“ืฉ ืฉืœ ื”ืคืื ืœ ื‘ืŸ ื”ื—ืžื™ืฉื” ื—ื‘ืจื™ื, ืฉื™ืงื•ื ื”ืžื’ืข ื•ื”ื›ื•ื•ื ืช ื™ื–ืžืช ื—ืงื™ืงืช ื”ืงืจื™ืคื˜ื• โ€œCrypto Sprintโ€ ื™ื’ื“ื™ืจื• ืืช ืฉืœื‘ ื”ื”ืชื—ืœื” ืฉืœ ื”ืงื“ื ืฆื™ื” ืฉืœื• ื•ื™ืฉืคื™ืขื• ืขืœ ืื•ืคืŸ ื”ืชื‘ื’ืจื•ืช ืฉื•ืงื™ ื”ืกื—ื•ืจื•ืช ื”ื“ื™ื’ื™ื˜ืœื™ื•ืช ื‘ืืจื”โ€ื‘ ืชื—ืช ืคื™ืงื•ื— ืคื“ืจืœื™.

ืฉืืœื•ืช ื ืคื•ืฆื•ืช โฐ

  • ืžื™ ื”ื•ื ื™ื•ืฉื‘ ื”ืจืืฉ ื”ื—ื“ืฉ ืฉืœ ื”-CFTC?
    ืžื™ื™ืงืœ ืกืœื™ื’ ืื•ืฉืจ ืขืœ ื™ื“ื™ ื”ืกื ืื˜ ื”ืืžืจื™ืงืื™ ื›ื™ื•ืฉื‘ ื”ืจืืฉ ื”-15 ืฉืœ ื•ืขื“ืช ืกื—ืจ ื”ื—ื•ื–ื™ื ื”ืขืชื™ื“ื™ื™ื ืขืœ ืกื—ื•ืจื•ืช.
  • ืžื“ื•ืข ืื™ืฉื•ืจื• ืฉืœ ืžื™ื™ืงืœ ืกืœื™ื’ ื—ืฉื•ื‘ ืœืงืจื™ืคื˜ื•?
    ื”ืžื ื”ื™ื’ื•ืช ืฉืœื• ืฆืคื•ื™ื” ืœื”ืจื—ื™ื‘ ืืช ื”ืคื™ืงื•ื— ืฉืœ ื”-CFTC ืขืœ ื ื›ืกื™ื ื“ื™ื’ื™ื˜ืœื™ื™ื ื•ืœืขืฆื‘ ืืช ื”ืจื’ื•ืœืฆื™ื” ื”ืขืชื™ื“ื™ืช ื‘ืฉื•ืงื™ ื”ืงืจื™ืคื˜ื•.
  • ืื™ืš ื—ื•ืง ื”-CLARITY ืžืชืงืฉืจ ืœ-CFTC?
    ื—ื•ืง ื”-CLARITY ื”ืžื•ืฆืข ื™ืขื ื™ืง ืœ-CFTC ืกืžื›ื•ืช ืขืœ ืฉื•ื•ืงื™ื ื ืงื•ื“ืชื™ื™ื ืฉืœ ืงืจื™ืคื˜ื• ื•ื™ื’ื“ื™ืจ ืžื—ื“ืฉ ืืช ืชืคืงื™ื“ื• ืžื•ืœ ื”-SEC.
  • ืื™ืœื• ืืชื’ืจื™ื ืขื•ืžื“ื™ื ื‘ืคื ื™ ื”-CFTC ืชื—ืช ืกืœื™ื’?
    ื”ืกื•ื›ื ื•ืช ื‘ื—ื•ืกืจ ื›ื•ื— ืื“ื ื•ื—ื™ื™ื‘ืช ืœื‘ื ื•ืช ืžื—ื“ืฉ ืืช ื”ื•ื•ืขื“ื” ืฉืœื” ืชื•ืš ืงื™ื“ื•ื ื™ื•ื–ืžื•ืช ื—ืงื™ืงืช ืงืจื™ืคื˜ื•.

ืžืืžืจ ื–ื” ืชื•ืจื’ื ืžืื ื’ืœื™ืช ื‘ืืžืฆืขื•ืช ื‘ื™ื ื” ืžืœืื›ื•ืชื™ืช. ื”ื’ืจืกื” ื”ืžืงื•ืจื™ืช ื‘ืื ื’ืœื™ืช ื”ื™ื ื”ืžืงื•ืจ ื”ืงื•ื‘ืข; ืชืจื’ื•ืžื™ื ืื•ื˜ื•ืžื˜ื™ื™ื ืขืฉื•ื™ื™ื ืœื”ื›ื™ืœ ืื™-ื“ื™ื•ืงื™ื, ื‘ืžื™ื•ื—ื“ ื‘ืžื•ื ื—ื™ื ืžืฉืคื˜ื™ื™ื ื•ืจื’ื•ืœื˜ื•ืจื™ื™ื.

ืชื’ื™ื•ืช ื‘ื›ืชื‘ื” ื–ื•