ืžื•ืคืขืœ ืข"ื™
Regulation

ืžื ื”ืœ ื”ืžืฉืคื˜ื™ ืฉืœ ืจื™ืคืœ ืžื–ื”ื™ืจ ืฉื—ื•ืง ืงืจื™ืคื˜ื• ืขืฉื•ื™ ืœื›ืœื•ื ืืช XRP ื‘ืžืฆื‘ ืจื’ื•ืœื˜ื•ืจื™ ืื™ื ืกื•ืคื™

ื—ื•ืง ืขื•ืฆืžืชื™ ืฉืœ ื”ืกื ืื˜ ื‘ื ื•ืฉื ืงืจื™ืคื˜ื• ืžื“ืœื™ืง ื ื•ืจืช ืื–ื”ืจื” ื‘ืฉืœ ื‘ืœื‘ื•ืœ ืจื’ื•ืœื˜ื•ืจื™, ื›ืืฉืจ ื”ื™ื•ืขืฅ ื”ืžืฉืคื˜ื™ ืฉืœ ืจื™ืคืœ ืžื–ื”ื™ืจ ื›ื™ ื–ื” ืขืฉื•ื™ ืœื”ื›ื ื™ืก ืืช XRP ื•ื˜ื•ืงื ื™ื ื“ื•ืžื™ื ืœืฉืœื™ื˜ื” ืื™ื ืกื•ืคื™ืช ืฉืœ ื”-SEC.

ื ื›ืชื‘ ืข"ื™
ืฉืชืฃ
ืžื ื”ืœ ื”ืžืฉืคื˜ื™ ืฉืœ ืจื™ืคืœ ืžื–ื”ื™ืจ ืฉื—ื•ืง ืงืจื™ืคื˜ื• ืขืฉื•ื™ ืœื›ืœื•ื ืืช XRP ื‘ืžืฆื‘ ืจื’ื•ืœื˜ื•ืจื™ ืื™ื ืกื•ืคื™

ื”ื™ื•ืขืฅ ื”ืžืฉืคื˜ื™ ืฉืœ ืจื™ืคืœ ืžื–ื”ื™ืจ ื›ื™ ื”ืฆืขืช ื—ื•ืง ืงืจื™ืคื˜ื• ื‘ืกื ืื˜ ืขืฉื•ื™ื” ืœื”ืจื•ืก ืืช ื‘ื”ื™ืจื•ืช ื”ืฉื•ืง

ื”ื™ื•ืขืฅ ื”ืžืฉืคื˜ื™ ื”ืจืืฉื™ ืฉืœ ืจื™ืคืœ, ืกื˜ื™ื•ืืจื˜ ืืœื“ืจื•ื˜ื™, ื”ื’ื™ืฉ ืชื’ื•ื‘ื” ืจืฉืžื™ืช ืœื•ื•ืขื“ืช ื”ืกื ืื˜ ืœื‘ื ืงืื•ืช, ืฉื™ื›ื•ืŸ ื•ืขื ื™ื™ื ื™ื ืขื™ืจื•ื ื™ื™ื ื‘ืืจื”โ€ื‘ ื‘-5 ื‘ืื•ื’ื•ืกื˜, ื›ืฉื”ื•ื ืžื‘ืงืจ ืืช ื˜ื™ื•ื˜ืช ื”ื—ื•ืง ืฉืœ ื”ื•ื•ืขื“ื” ืขืœ ื›ืš ืฉืœื ื”ืฆืœื™ื—ื” ืœืกืคืง ื•ื“ืื•ืช ืจื’ื•ืœื˜ื•ืจื™ืช ืœืชืขืฉื™ื™ืช ื”ื ื›ืกื™ื ื”ื“ื™ื’ื™ื˜ืœื™ื™ื. ื‘ืžื›ืชื‘, ืืœื“ืจื•ื˜ื™ ื˜ืขืŸ ื›ื™ ื”ืžืกื’ืจืช ื”ืžื•ืฆืขืช, ื”ืžื ืกื” ืœื—ืœืง ืืช ื”ืกืžื›ื•ืช ื‘ื™ืŸ ื”ืจืฉื•ืช ืœื ื™ื™ืจื•ืช ืขืจืš ื”ืืžืจื™ืงืื™ืช (SEC) ื•ื”ื•ื•ืขื“ื” ืœืžืกื—ืจ ื‘ื—ื•ื–ื™ื ืขืชื™ื“ื™ื™ื ืขืœ ืกื—ื•ืจื•ืช (CFTC), ืชืขืžื™ืง ืืช ื”ื‘ืœื‘ื•ืœ ื‘ืžืงื•ื ืœืคืชื•ืจ ืื•ืชื•. ื”ื•ื ื”ืฆื”ื™ืจ:

ื”ื˜ื™ื•ื˜ื” ื™ื•ืฆืจืช ื™ื•ืชืจ ืขืžื™ืžื•ืช ืžื‘ื”ื™ืจื•ืช ืขื‘ื•ืจ ื”ืชืขืฉื™ื™ื” ื‘ื ื™ืกื™ื•ืŸ ืฉืœื” ืœื”ื’ื“ื™ืจ ืืช ืกืžื›ื•ืช ื”-SEC ืขืœ ื ื›ืกื™ื ื“ื™ื’ื™ื˜ืœื™ื™ื.

โ€œื”ื™ื ืžื›ื ื™ืกื” ืืช ืจื•ื‘ ื”ื˜ื•ืงื ื™ื ื•ื”ืคืจื•ื™ืงื˜ื™ื ืœืžืขืจื›ืช ืฉืขืจื•ื›ืช ื•ืคื™ืงื•ื— ืžื•ื ื—ื™ืช ืขืœ-ื™ื“ื™ ื”-SEC, ื’ื ื›ืืฉืจ ืžื›ื™ืจื•ืช ืื• ืคืขื™ืœื•ืช ื”ืคืจื•ื™ืงื˜ ืื™ื ื ื ื›ื ืกื™ื ืœืชื•ืš ืชื—ื•ื ื”ืกืžื›ื•ืช ื”ืžืกื•ืจืชื™ ืฉืœ ื”-SEC. ื“ืจื•ืฉื™ื ืชื™ืงื•ื ื™ื ื ื•ืกืคื™ื ื›ื“ื™ ืœื—ื“ื“ ืืช ื’ื‘ื•ืœื•ืช ื”ืกืžื›ื•ืช ื•ืœื”ืฉื™ื’ ืžืกื’ืจืช ืคื™ืงื•ื— ืžืื•ื–ื ืช,โ€ ื”ื“ื’ื™ืฉ ื”ื™ื•ืขืฅ ื”ืžืฉืคื˜ื™ ืฉืœ ืจื™ืคืœ.

ื”ืชื’ื•ื‘ื” ื”ืขืœืชื” ื—ืฉืฉื•ืช ื‘ื ื•ื’ืข ืœื”ื’ื“ืจื” ืฉืœ โ€œื ื›ืกื™ื ื ืœื•ื•ื™ืโ€ ื•ื”ืฉืœื›ื” ืฉืœื” ืฉืื•ืžืจืช ื›ื™ ื›ืœ ื˜ื•ืงืŸ ืฉื ืžื›ืจ ืคืขื ื‘ืืžืฆืขื•ืช ื—ื•ื–ื” ื”ืฉืงืขื” ื™ื›ื•ืœ ืœื”ื™ืฉืืจ ืชื—ืช ืกืžื›ื•ืช ื”-SEC ืœื ืฆื—. ืืœื“ืจื•ื˜ื™ ื”ื“ื’ื™ืฉ ืฉื”ื ื—ื” ื›ื–ืืช ืžืชืขืœืžืช ืžื”ืชื•ืขืœืช ื”ื ื•ื›ื—ื™ืช ื•ื”ืชื ืื™ื ื”ืžืกื—ืจื™ื™ื ืฉืœ ื ื›ืกื™ื ื•ืชื™ืงื™ื ื›ืžื• ืืชโ€™ืจื™ื•ื, ืกื•ืœื ื” ื•-XRP, ื•ืžืชืขืœืžืช ืžื”ืžืฆื™ืื•ืช ื”ื›ืœื›ืœื™ืช ืฉืœ ื”ืฉื™ืžื•ืฉ ื‘ื”ื. ื”ื•ื ื”ื–ื”ื™ืจ:

ื’ื™ืฉื” ื›ื–ืืช ืขืฉื•ื™ื” ืœื”ื›ื ื™ืก ื˜ื•ืงื ื™ื ืžื‘ื•ืกืกื™ื ื•ืžืกื•ื—ืจื™ื ื ืจื—ื‘, ื”ืคื•ืขืœื™ื ื‘ืจืฉืชื•ืช ืคืชื•ื—ื•ืช ื•ื ื˜ื•ืœื•ืช ืจืฉื•ืช โ€“ ื›ื•ืœืœ ETH, SOL ื•-XRP โ€“ ืœืคื™ืงื•ื— ืื™ื ืกื•ืคื™ ืฉืœ ื”-SEC, ื’ื ื›ืืฉืจ ืขืกืงืื•ืช ื ื•ื›ื—ื™ื•ืช ืื• ืขืชื™ื“ื™ื•ืช ืื™ื ืŸ ื ื•ืฉืื•ืช ืืฃ ืื—ื“ ืžื”ืžืืคื™ื™ื ื™ื ืฉืœ ื”ืฆืขืช ื ื™ื™ืจื•ืช ืขืจืš.

ืจื™ืคืœ ื’ื ื”ืชื ื’ื“ื” ื‘ืฆื•ืจื” ื ื—ืจืฆืช ืœื”ืกืชืžื›ื•ืช ื”ืžืชืžืฉื›ืช ืขืœ ืžื‘ื—ืŸ ื”ื•ื•ืœื™ื ื’ืจ ืœืœื ื”ื’ื‘ืœื•ืช ืงื•ื ื’ืจืก, ื•ื”ื–ื”ื™ืจื” ื›ื™ ื”ืฉื™ืžื•ืฉ ื”ื”ื™ืกื˜ื•ืจื™ ืœืจืขื” ืฉืœื• ืชื—ืช ืžืžืฉืœื™ื ืงื•ื“ืžื™ื ื”ืคืš ืื•ืชื• ืœโ€ื›ืœื™ ืฉืœ ืฉื™ืงื•ืœ ื“ืขืช ื‘ืœืชื™ ืžื•ื’ื‘ืœ.โ€ ื”ื•ื ื”ืžืœื™ืฅ ืœืงื•ื ื’ืจืก ืœืกืคืง ืงืจื™ื˜ืจื™ื•ื ื™ื ืกื˜ื˜ื•ื˜ื•ืจื™ื™ื ืกืคืฆื™ืคื™ื™ื ื›ื“ื™ ืœื”ื™ืžื ืข ืžืคื™ืจื•ืฉื™ื ืกื•ื‘ื™ื™ืงื˜ื™ื‘ื™ื™ื ื ื•ืกืคื™ื ื•ืœื”ื‘ื˜ื™ื— ืื—ืจื™ื•ืชื™ื•ืช.

ืืœื“ืจื•ื˜ื™ ื’ื ืชืžืš ื‘ืžืกืคืจ ืจืคื•ืจืžื•ืช ืžื‘ื ื™ื•ืช, ื›ื•ืœืœ ืคื˜ื•ืจ ืžื”ืชื™ื™ืฉื ื•ืช ืขื‘ื•ืจ ื˜ื•ืงื ื™ื ืฉื”ื™ื• ืกื—ื™ืจื™ื ืœืื•ืจืš ื–ืžืŸ, ื”ื’ื‘ืœื•ืช ืกื˜ื˜ื•ื˜ื•ืจื™ื•ืช ืขืœ ืกืžื›ื•ืช ื”-SEC ืœื”ื’ื“ื™ืจ ืžื—ื“ืฉ ืขืกืงืื•ืช ืฆื“ ืงืฉื•ืจ, ื•ื”ื’ื ื•ืช ื‘ืจื•ืจื•ืช ืœืคืขื™ืœื•ื™ื•ืช ื‘ืจืžืช ื”ืคืจื•ื˜ื•ืงื•ืœ ื›ื’ื•ืŸ ืขืจื™ืžื” ื•ืคืขื•ืœื•ืช ืงื•ื ืฆื ื–ื•ืก. ื”ื™ื•ืขืฅ ื”ืžืฉืคื˜ื™ ื”ืจืืฉื™ ืฉืœ ืจื™ืคืœ ืงืจื ืœื”ืขื‘ืจืช ื–ื›ื•ื™ื•ืช ืคื“ืจืœื™ืช ืฉืœ ื—ื•ืงื™ ืžื“ื™ื ื” ืœื ืขืงื‘ื™ื™ื ื‘ืชื—ื•ืžื™ื ืžืจื›ื–ื™ื™ื ืฉืœ ืคื™ืงื•ื— ืขืœ ื ื›ืกื™ื ื“ื™ื’ื™ื˜ืœื™ื™ื:

ื—ืงื™ืงื” ืคื“ืจืœื™ืช ืฆืจื™ื›ื” ืœื”ื—ืœื™ืฃ ื—ื•ืงื™ื ืžื“ื™ื ืชื™ื™ื ืžืกื•ื™ืžื™ื ื›ื“ื™ ืœื›ื•ื ืŸ ืื—ื™ื“ื•ืช ืœืื•ืžื™ืช, ืœื”ืคื—ื™ืช ืืช ื”ืคื™ืฆื•ืœ ื”ืจื’ื•ืœื˜ื•ืจื™, ื•ืœืชืžื•ืš ื‘ื—ื“ืฉื ื•ืช.

โ€œื”ื”ืขื‘ืจื” ืงืจื™ื˜ื™ืช ื‘ืžื™ื•ื—ื“ ื‘ืชื—ื•ืžื™ื ื›ืžื• ืžื‘ื ื” ื”ืฉื•ืง, ื”ื ืคืงืช ืžื˜ื‘ืขื•ืช ื™ืฆื™ื‘ื™ื, ืชืงื ื™ ืฉืžื™ืจื”, ื•ืกื™ื•ื•ื’ ื˜ื•ืงื ื™ื โ€“ ืชื—ื•ืžื™ื ืฉื‘ื”ื ืคื™ืงื•ื— ืคื“ืจืœื™ ืื—ื™ื“ ื”ื•ื ื—ื™ื•ื ื™. ืขื ื–ืืช, ื”ื—ืงื™ืงื” ื”ืคื“ืจืœื™ืช ืฆืจื™ื›ื” ืœืฉืžื•ืจ ืขืœ ื”ืกืžื›ื•ืช ื”ืžื“ื™ื ืชื™ืช ื‘ืชื—ื•ืžื™ื ื”ืžืกื•ืจืชื™ื™ื ื›ืžื• ื”ื’ื ืช ื”ืฆืจื›ืŸ ื•ืื›ื™ืคืช ื”ื•ื ืื•ืช,โ€ ื”ื•ื ื”ื•ืกื™ืฃ.

ืชื’ื™ื•ืช ื‘ื›ืชื‘ื” ื–ื•