ืžื•ืคืขืœ ืข"ื™
Regulation & Legal

ืจื™ืคืœ ืื•ืžืจืช 'ืื ื—ื ื• ื›ืœ ื›ืš ืงืจื•ื‘ื™ื' ื›ืฉื”ืกื ืื˜ ืฉื•ืงืœ ืžืกื’ืจืช ืžื‘ื ื” ืœืฉื•ืง ื”ืงืจื™ืคื˜ื•

ืžื ื›โ€ืœ Ripple, ื‘ืจืื“ ื’ืจืœื™ื ื’ื”ืื•ืก, ืงืจื ืœืงื™ื•ื ืžืขื•ืจื‘ื•ืช ืžืชืžืฉื›ืช ื•ื‘ื•ื ื” ืขื ื•ื•ืฉื™ื ื’ื˜ื•ืŸ ื›ืืฉืจ ืฉื™ื—ื•ืช ืžื‘ื ื” ืฉื•ืง ื”ืงืจื™ืคื˜ื• ื ืขืฆืจื•ืช, ื‘ื˜ืขื ื” ืฉื”ืชืขืฉื™ื™ื” ืงืจื•ื‘ื” ืœืฉืงื™ืคื•ืช ืจื’ื•ืœื˜ื•ืจื™ืช ื•ื›ื™ ื™ืฉ ืœื”ืžืฉื™ืš ืœื“ื—ื•ืฃ ืืช ื”ืžื—ื•ืงืงื™ื ืœื›ื™ื•ื•ืŸ ื—ื•ืงื™ื ื™ืฉื™ืžื™ื ืœื ื›ืกื™ื ื“ื™ื’ื™ื˜ืœื™ื™ื ื‘ืืจื”โ€ื‘.

ื ื›ืชื‘ ืข"ื™
ืฉืชืฃ
ืจื™ืคืœ ืื•ืžืจืช 'ืื ื—ื ื• ื›ืœ ื›ืš ืงืจื•ื‘ื™ื' ื›ืฉื”ืกื ืื˜ ืฉื•ืงืœ ืžืกื’ืจืช ืžื‘ื ื” ืœืฉื•ืง ื”ืงืจื™ืคื˜ื•

ืžื ื›โ€ืœ Ripple ืงื•ืจื ืœืคืขื•ืœืช ื”ืงื•ื ื’ืจืก, ืื•ืžืจ ืฉ ื—ื•ืง CLARITY ื”ื•ื ื”ืžืคืชื— ืœื™ืฆื™ื‘ื•ืช ืฉื•ืง ื”ืงืจื™ืคื˜ื•

ืžื ื›โ€ืœ Ripple, ื‘ืจืื“ ื’ืจืœื™ื ื’ื”ืื•ืก, ืฉื™ืชืฃ ื‘ืฉื‘ื•ืข ืฉืขื‘ืจ ื‘ืคืœื˜ืคื•ืจืžืช ื”ืžื“ื™ื” ื”ื—ื‘ืจืชื™ืช X ืืช ืชื’ื•ื‘ืชื• ืœื“ื—ื™ืคื” ืฉืœ ื•ืขื“ืช ื”ื‘ื ืงืื•ืช ืฉืœ ื”ืกื ืื˜ ื”ืืžืจื™ืงืื™ ืขืœ ื—ื•ืง ืžื‘ื ื” ืฉื•ืง ื”ืงืจื™ืคื˜ื•, ืชื•ืš ื”ื“ื’ืฉืช ื”ืชืžื™ื›ื” ื‘ืžืืžืฅ ื”ื—ืงื™ืงืชื™ ื•ืชื•ืš ืฉืžื™ืจื” ืขืœ ื”ืฆื•ืจืš ื‘ืฉืงื™ืคื•ืช ืจื’ื•ืœื˜ื•ืจื™ืช ื‘ืชืขืฉื™ื™ืช ื”ื ื›ืกื™ื ื”ื“ื™ื’ื™ื˜ืœื™ื™ื.

ื•ืขื“ืช ื”ื‘ื ืงืื•ืช ืฉืœ ื”ืกื ืื˜ ื”ืืžืจื™ืงืื™ืช GOP ื”ืฆื™ื’ื” ืืช ื—ื•ืง CLARITY ื™ื•ื ืงื•ื“ื ืœื›ืŸ, ื•ืชื™ืืจื” ืื•ืชื• ื›ืชื•ืฆืื” ืฉืœ ื™ื•ืชืจ ืžืฉื™ืฉื” ื—ื•ื“ืฉื™ื ืฉืœ ืžื•โ€ืž ื“ื•-ืžืคืœื’ืชื™ ืขื ืชืจื•ืžื•ืช ืžืžืฉืชืชืคื™ ื”ืชืขืฉื™ื™ื”, ืžื•ืžื—ื™ื ืžืฉืคื˜ื™ื™ื ื•ืืงื“ืžื™ื™ื ื•ื‘ืขืœื™ ืขื ื™ื™ืŸ ืžืจื›ื–ื™ื™ื. ื‘ืชื’ื•ื‘ื” ืœืคื™ืชื•ื— ื–ื”, ื’ืจืœื™ื ื’ื”ืื•ืก ื›ืชื‘: โ€œื‘ืขื•ื“ ื–ื” ืื™ื—ืจ ืœื‘ื•ื, ืžื”ืœืš ื–ื” ืฉืœ ื”ืกื ืื˜ื•ืจ ื˜ื™ื ืกืงื•ื˜ ื•-GOP ืฉืœ ื•ืขื“ืช ื”ื‘ื ืงืื•ืช ื‘ืžื‘ื ื” ืฉื•ืง ื”ื•ื ืฆืขื“ ืื“ื™ืจ ืงื“ื™ืžื” ื‘ืžืชืŸ ืžืกื’ืจื•ืช ื™ืฉื™ืžื•ืช ืœืงืจื™ืคื˜ื•, ืชื•ืš ืฉืžื™ืจืช ื”ืฆืจื›ื ื™ื. Ripple (ื•ืื ื™) ื™ื•ื“ืขื™ื ืžืžืงื•ืจ ืจืืฉื•ืŸ ืฉืฉืงื™ืคื•ืช ืขื“ื™ืคื” ืขืœ ื›ืื•ืก, ื•ื”ืฆืœื—ืช ื”ื—ื•ืง ื”ื–ื” ื”ื™ื ื”ืฆืœื—ืช ื”ืงืจื™ืคื˜ื•.โ€ ื”ื•ื ื”ื•ืกื™ืฃ ืขืœ ื”ืžืฉืš ื”ืžืขื•ืจื‘ื•ืช ืฉืœ Ripple ืขื ื”ืžื—ื•ืงืงื™ื, ื•ืงื‘ืข:

โ€œืื ื—ื ื• ืขืœ ื”ืฉื•ืœื—ืŸ ื•ื ืžืฉื™ืš ืœื”ืชืงื“ื ืขื ื“ื™ื•ืŸ ื”ื•ื’ืŸ. ืื ื™ ื ืฉืืจ ืื•ืคื˜ื™ืžื™ ืฉื ื™ืชืŸ ืœืคืชื•ืจ ืืช ื”ืกื•ื’ื™ื•ืช ื‘ืชื”ืœื™ืš ื”ืกื™ืžื•ืŸ.โ€

ื—ื•ืง ืžื‘ื ื” ืฉื•ืง ื”ืงืจื™ืคื˜ื• ื ืขืฆืจ ื‘ืกื ืื˜ ื‘-15 ื‘ื™ื ื•ืืจ ืœืื—ืจ ืฉืžื ื›โ€ืœ Coinbase ื‘ืจื™ืืŸ ืืจืžืกื˜ืจื•ื ื’ ื ืกื•ื’ ืคืชืื•ื ืžื”ืชืžื™ื›ื”, ื“ื‘ืจ ืฉืื™ืœืฅ ืืช ื•ืขื“ืช ื”ื‘ื ืงืื•ืช ืœื“ื—ื•ืช ืืช ื”ืกื™ืžื•ืŸ ืฉืœื”. ื”ืžื—ืœื•ืงืช ืžืชืžืงื“ืช ื‘ืฉื›ืชื•ื‘ ืฉืœ ื”ืกื ืื˜ ืฉื”ืฆื™ื’ โ€œืื™ืกื•ืจ ืชืฉื•ืื”โ€ ืขืœ ืคืจืกื™ ืกื˜ื™ื™ื‘ืœืงื•ื™ื™ืŸ โ€“ ืžื”ืœืš ืฉืขืžื“ื• ืขืœื™ื• ื”ื‘ื ืงื™ื ื”ืžืกื•ืจืชื™ื™ื ื›ื“ื™ ืœืžื ื•ืข ื‘ืจื™ื—ืช ืคื™ืงื“ื•ื ื•ืช โ€“ ื•ื“ืจื™ืฉื•ืช KYC ืžื—ืžื™ืจื•ืช ืœืžืžืฉืงื™ DeFi. ื‘ืขื•ื“ ื’ืจืœื™ื ื’ื”ืื•ืก ื ืฉืืจ ืื•ืคื˜ื™ืžื™ ืœื’ื‘ื™ ื›ืš ืฉืฉืงื™ืคื•ืช ืขื“ื™ืคื” ืขืœ ื›ืื•ืก, Coinbase ื˜ื•ืขื ืช ืฉื”ื˜ื™ื•ื˜ื” ื”ื—ื“ืฉื” ื’ืจื•ืขื” ืžื”ืžืฆื‘ ื”ืงื™ื™ื. ื›ืขืช ืขื•ืžื“ื™ื ื‘ืคื ื™ ื”ืžื—ื•ืงืงื™ื ื—ืœื•ืŸ ืฆืจ ืœื™ื™ืฉื‘ ืืช ื”ืฉื™ื ื•ื™ื™ื ืฉืžืคืœื’ื™ื ืืช ื”ืชืขืฉื™ื™ื” ืœืคื ื™ ืฉืชื—ื™ืœืช ืขื•ื ืช ืืžืฆืข ื”ืžื•ื ื— ื‘-2026.

ืงืจื ืขื•ื“: ื•ืขื“ื•ืช ื”ืกื ืื˜ ืžืชืืžื•ืช ืืช ืœื•ื—ื•ืช ื”ื–ืžื ื™ื ืฉืœ ื—ื•ืง CLARITY, ืžื” ืฉืžืขืœื” ืืช ื”ื”ื™ืžื•ืจื™ื ืœืฉื•ื•ืงื™ ื”ืงืจื™ืคื˜ื• ื‘ืืจื”โ€ื‘

ื”ืขืจื•ืช ื ื•ืกืคื•ืช ืžื’ืจืœื™ื ื’ื”ืื•ืก ืฆืฆื• ื™ืžื™ื ืœืื—ืจ ืžื›ืŸ ื‘ืืžืฆืขื•ืช ื”ืฆื”ืจื” ื•ื™ื“ืื• ืฉืฉื•ืชืคื” ื‘-16 ื‘ื™ื ื•ืืจ ืขืœ ื™ื“ื™ CfC St. Moritz ื‘ืขืงื‘ื•ืช ื”ื“ื—ื™ื™ื” ืฉืœ ื—ื•ืง CLARITY ื•ื”ื ืกื™ื’ื” ืฉืœ Coinbase ืžื”ืชืžื™ื›ื”. ืžื“ื‘ืจ ืžื›ื ืก CfC St. Moritz, ืฉื‘ื• ื”ืฉืชืชืฃ ื‘ืคืื ืœ ื‘-15 ื‘ื™ื ื•ืืจ 2026, ืœื—ืฅ ืžื ื›โ€ืœ Ripple: โ€œืฉืงื™ืคื•ืช ืชืžื™ื“ ืขื“ื™ืคื” ืขืœ ื›ืื•ืก, ื•ื”ืชืขืฉื™ื™ื” ืฆืจื™ื›ื” ืฉืงื™ืคื•ืช.โ€ ื”ื•ื ื”ืชื™ื™ื—ืก ืœื—ืงื™ืงื” ืžืžืชื™ื ื”: โ€œื—ื•ืง ืžื‘ื ื” ื”ืฉื•ืง ืฉื ืžืฆื ื‘ื‘ื ืงืื•ืช, ื”ืื ื”ื•ื ืžื•ืฉืœื? ืœื. ื‘ื˜ื— ืฉืœื. ืื‘ืœ ื”ืื ื”ื•ื ืขื“ื™ืฃ ืขืœ ืœื ื›ืœื•ื? ื‘ื”ื—ืœื˜!โ€

ื’ืจืœื™ื ื’ื”ืื•ืก ืงืจื ืœืœืงื™ื™ื ื”ืžืฉืš ืžืขื•ืจื‘ื•ืช ืขื ืžื—ื•ืงืงื™ื, ืชื•ืš ื”ื“ื’ืฉื”:

โ€œืื ื—ื ื• ืฆืจื™ื›ื™ื ืœื”ืžืฉื™ืš ืœืขื‘ื•ื“ ื‘ืื•ืคืŸ ื‘ื•ื ื” ืขื ื•ื•ืฉื™ื ื’ื˜ื•ืŸ โ€ฆ ืื‘ืœ ืื ื—ื ื• ืœื ืฆืจื™ื›ื™ื ืœื•ื•ืชืจ ืขื›ืฉื™ื•. ืื ื—ื ื• ื›ืœ ื›ืš ืงืจื•ื‘ื™ื.โ€

ื”ื™ื•ืขืฅ ื”ืžืฉืคื˜ื™ ื”ืจืืฉื™ ืฉืœ Ripple, ืกื˜ื™ื•ืืจื˜ ืืœื“ืจื•ื˜ื™, ื”ืฉืชืชืฃ ื‘ืชื’ื•ื‘ื” ืœืคื•ืกื˜ ืฉืœ ื’ืจืœื™ื ื’ื”ืื•ืก ื‘-X ื‘-14 ื‘ื™ื ื•ืืจ, ื›ื•ืชื‘ โ€œืžืขืงื•ืช ื‘ืจื•ืจื™ื + ื™ื•ืฉืจื” ืฉืœ ื”ืฉื•ืง = ืžืขืจื›ืช ืคื™ื ื ืกื™ืช ืืžืจื™ืงืื™ืช ื—ื–ืงื” ื™ื•ืชืจ. ื”ื–ืžืŸ ืฉื”ืกื ืื˜ ืœืคืขื•ืœ.โ€ ื™ื—ื“, ื”ื”ืฆื”ืจื•ืช ืžืฉืงืคื•ืช ืœื—ืฅ ืžืชืžืฉืš ื‘ืชืขืฉื™ื™ื” ืœื›ืœืœื™ื ื‘ืจื•ืจื™ื ื™ื•ืชืจ ืœืฉื•ืง ื”ืงืจื™ืคื˜ื• ื›ืืฉืจ ื”ืžื—ื•ืงืงื™ื ื“ื ื™ื ื‘ืฆืขื“ื™ื ื”ื‘ืื™ื ืœื—ืงื™ืงืช ื ื›ืกื™ื ื›ืžื• ื‘ื™ื˜ืงื•ื™ืŸ, ืืชโ€™ืจื™ื•ื ื•-XRP.

ืฉืืœื•ืช ื ืคื•ืฆื•ืช โฐ

  • ืœืžื” Ripple ืชื•ืžื›ื™ื ื‘ื—ื•ืง CLARITY?
    Ripple ืื•ืžืจื™ื ืฉื—ื•ืง CLARITY ื™ืกืคืง ืžื‘ื ื” ืฉื•ืง ื•ืฉืงื™ืคื•ืช ืจื’ื•ืœื˜ื•ืจื™ืช ืฉื ื“ืจืฉื• ืžื–ืžืŸ ืœืชืขืฉื™ื™ืช ื”ืงืจื™ืคื˜ื•.
  • ืžื” ื‘ืจืื“ ื’ืจืœื™ื ื’ื”ืื•ืก ืืžืจ ืขืœ ื—ื•ืง ื•ืขื“ืช ื”ื‘ื ืงืื•ืช ืฉืœ ื”ืกื ืื˜?
    ื’ืจืœื™ื ื’ื”ืื•ืก ื›ื™ื ื” ืืช ื”ื—ืงื™ืงื” ืฆืขื“ ืžืฉืžืขื•ืชื™ ืงื“ื™ืžื” ืœืžืจื•ืช ืฉื”ื›ื™ืจ ื‘ื›ืš ืฉื”ื™ื ืœื ืžื•ืฉืœืžืช.
  • ืื™ืš ื—ื•ืง CLARITY ืžืฉืคื™ืข ืขืœ ื‘ื™ื˜ืงื•ื™ืŸ ื•ืืชโ€™ืจื™ื•ื?
    ื”ื—ื•ืง ืžื™ื•ืขื“ ืœืงื‘ื•ืข ื—ื•ืงื™ื ื‘ืจื•ืจื™ื ื™ื•ืชืจ ืœื ื›ืกื™ ืงืจื™ืคื˜ื• ื›ืžื• ื‘ื™ื˜ืงื•ื™ืŸ ื•ืืชโ€™ืจื™ื•ื ืชื—ืช ื—ื•ืง ืืจื”โ€ื‘.
  • ืœืžื” Coinbase ื ืกื•ื’ื• ืžืชืžื™ื›ื” ื‘ื—ื•ืง CLARITY?
    Coinbase ื ืกื•ื’ื• ืžื”ืชืžื™ื›ื” ืœืื—ืจ ืฉื”ื—ื•ืง ื ื“ื—ื”, ืžื” ืฉื’ืจื ืœื—ืฉืฉื•ืช ื‘ืชื”ืœื™ืš ื”ื—ืงื™ืงืชื™ ื”ืžืชืžืฉืš.

ื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‘ื” ื–ื•