ืžื•ืคืขืœ ืข"ื™
Regulation & Legal

ื˜ื™ื ื“ืจื™ื™ืคืจ ืชื•ืžืš ื‘ื‘ืจื™ืืŸ ืืจืžืกื˜ืจื•ื ื’, ืื•ืžืจ ืฉื”ืคืฉืจื” ืฉืœ ื”ืกื ืื˜ ืœื’ื‘ื™ ืžื˜ื‘ืขื•ืช ื“ื™ื’ื™ื˜ืœื™ื™ื ื’ืจื•ืขื” ื™ื•ืชืจ ืžืืฉืจ ืœืœื ื—ื•ืง

ื”ืžื ื›ืดืœ ืฉืœ Coinbase, ื‘ืจื™ืืŸ ืืจืžืกื˜ืจื•ื ื’, ื•ื”ืžืฉืงื™ืข ื”ื•ืŸ ืกื™ื›ื•ืŸ ื˜ื™ื ื“ืจื™ื™ืคืจ ืžืชื ื’ื“ื™ื ืœืคืฉืจื” ื‘ืžื‘ื ื” ืฉื•ืง ื”ืงืจื™ืคื˜ื• ื‘ืกื ื˜ื” ืฉื”ื ืžื–ื”ื™ืจื™ื ืฉื™ื›ื•ืœื” ืœืจืกืŸ ื—ื“ืฉื ื•ืช, ืœืขืจืขืจ ืคืจื˜ื™ื•ืช ื•ืœื”ื—ืœื™ืฉ ืืช ื”ืžื•ื‘ื™ืœื•ืช ื”ืืžืจื™ืงืื™ืช ื‘ื ื›ืกื™ื ื“ื™ื’ื™ื˜ืœื™ื™ื.

ื ื›ืชื‘ ืข"ื™
ืฉืชืฃ
ื˜ื™ื ื“ืจื™ื™ืคืจ ืชื•ืžืš ื‘ื‘ืจื™ืืŸ ืืจืžืกื˜ืจื•ื ื’, ืื•ืžืจ ืฉื”ืคืฉืจื” ืฉืœ ื”ืกื ืื˜ ืœื’ื‘ื™ ืžื˜ื‘ืขื•ืช ื“ื™ื’ื™ื˜ืœื™ื™ื ื’ืจื•ืขื” ื™ื•ืชืจ ืžืืฉืจ ืœืœื ื—ื•ืง

ืืจืžืกื˜ืจื•ื ื’ ื•ื“ืจื™ื™ืคืจ ืžืชืื—ื“ื™ื ื ื’ื“ ื”ืคืฉืจื” ื‘ืžื‘ื ื” ืฉื•ืง ื”ืงืจื™ืคื˜ื• ื‘ืกื ื˜ื”

ื”ืžื ื›โ€ืœ ืฉืœ Coinbase, ื‘ืจื™ืืŸ ืืจืžืกื˜ืจื•ื ื’, ืฉื™ืชืฃ ื‘ืจืฉืช ื”ื—ื‘ืจืชื™ืช X ื‘-14 ื‘ื™ื ื•ืืจ ืืช ื”ืชื ื’ื“ื•ืชื• ืœื˜ื™ื•ื˜ืช ื•ืขื“ืช ื”ื‘ื ืงืื•ืช ืฉืœ ื”ืกื ืื˜, ืชื•ืš ืคื™ืจื•ื˜ ื—ืฉืฉื•ืช ืฉื”ื”ืฆืขื” ืขืœื•ืœื” ืœื”ื’ื‘ื™ืœ ื˜ื•ืงื ื™ื–ืฆื™ื”, ืžื™ืžื•ืŸ ืžื‘ื•ื–ืจ ื•ืžื˜ื‘ืขื•ืช ื™ืฆื™ื‘ื™ื ืชื•ืš ื”ื—ืœืฉืช ืคืจื˜ื™ื•ืช ืคื™ื ื ืกื™ืช ื•ืชื—ืจื•ืชื™ื•ืช ื”ืงืจื™ืคื˜ื• ืฉืœ ืืจื”โ€ื‘.

ื”ืžื ื›โ€ืœ ืืžืจ:

โ€œืื—ืจื™ ืกืงื™ืจื” ืฉืœ ื˜ื™ื•ื˜ืช ื”ืกื ืื˜ ื‘ื ื•ืฉื ื”ื‘ื ืงืื•ืช ื‘-48 ื”ืฉืขื•ืช ื”ืื—ืจื•ื ื•ืช, ืœืฆืขืจื™ Coinbase ืœื ื™ื›ื•ืœื” ืœืชืžื•ืš ื‘ื”ืฆืขืช ื”ื—ื•ืง ื‘ืฆื•ืจื” ืฉื”ื™ื ื›ืชื•ื‘ื” ื›ืขืช.โ€

ืืจืžืกื˜ืจื•ื ื’ ืคื™ืจื•ื˜ ื”ืชื ื’ื“ื•ื™ื•ืช ื”ืงืฉื•ืจื•ืช ืœืžื‘ื ื” ื”ืฉื•ืง ื•ืœื”ื™ืงืฃ ื”ืจื’ื•ืœืฆื™ื”, ื›ืฉื”ื•ื ืžืชืืจ โ€œืื™ืกื•ืจ ื“ื”-ืคืงื˜ื• ืขืœ ืžื ื™ื•ืช ืžืชื•ืงื ื ื•ืชโ€ ื‘ื ื•ืกืฃ ืœโ€ืื™ืกื•ืจื™ื ืขืœ DeFi, ืžืชืŸ ื’ื™ืฉื” ื‘ืœืชื™ ืžื•ื’ื‘ืœืช ืœืžืžืฉืœื” ืœืจืฉื•ืžื•ืช ื”ืคื™ื ื ืกื™ื•ืช ืฉืœื›ื ื•ืกื™ืœื•ืง ื–ื›ื•ืชื›ื ืœืคืจื˜ื™ื•ืช.โ€ ื”ื•ื ื’ื ื”ืชื™ื™ื—ืก ืœื”ืฉืœื›ื•ืช ืจื’ื•ืœื˜ื•ืจื™ื•ืช, ืžื–ื”ื™ืจ ืžืคื ื™ โ€œืฉื—ื™ืงืช ื”ืกืžื›ื•ืช ืฉืœ CFTC, ื“ื™ื›ื•ื™ ื—ื“ืฉื ื•ืช ื•ื”ืคื™ื›ืชื” ืœืฉืœื™ื˜ื” ืฉืœ SEC,โ€ ืชื•ืš ื”ื“ื’ืฉืช ื”ื”ืฉืคืขื•ืช ื”ืชื—ืจื•ืชื™ื•ืช โ€œืฉืœ ืชื•ืกืคื•ืช ืœื˜ื™ื•ื˜ื” ืฉื™ื’ืจืžื• ืœื”ื•ืจื“ืช ื”ืชื’ืžื•ืœื™ื ืขืœ ืžื˜ื‘ืขื•ืช ื™ืฆื™ื‘ื™ื, ืžืชืŸ ืœื‘ื ืงื™ื ืœืืกื•ืจ ืขืœ ืžืชื—ืจื™ื”ื.โ€

ื”ืžื ื›โ€ืœ ืฉืœ Coinbase ื—ื™ื–ืง ืืช ืขืžื“ืชื•, ื‘ืฆื™ื™ื ื•: โ€œื ืขื“ื™ืฃ ืฉืœื ืชื”ื™ื” ื—ืงื™ืงื” ืžืืฉืจ ื—ืงื™ืงื” ื’ืจื•ืขื”. ื ืงื•ื•ื” ืฉื ื•ื›ืœ ืœื”ื’ื™ืข ืœื˜ื™ื•ื˜ื” ื˜ื•ื‘ื” ื™ื•ืชืจ.โ€ ืžืื•ื—ืจ ื™ื•ืชืจ ื”ื“ื’ื™ืฉ ืืช ื”ื”ืžืฉืš ื”ืžืขื•ืจื‘ื•ืช, ื•ืฆื™ื™ืŸ: โ€œื ืžืฉื™ืš ืœื”ื™ืœื—ื ืœืžืขืŸ ื›ืœ ื”ืืžืจื™ืงืื™ื ื•ืœืžืขืŸ ื”ื—ื•ืคืฉ ื”ื›ืœื›ืœื™. ื”ืงืจื™ืคื˜ื• ืฆืจื™ืš ืœื”ื™ื•ืช ืžื˜ื•ืคืœ ื‘ืฉื•ื•ื™ื•ืŸ ืขื ืฉืืจ ื”ืฉื™ืจื•ืชื™ื ื”ืคื™ื ื ืกื™ื™ื ื›ื“ื™ ืฉื ื•ื›ืœ ืœื‘ื ื•ืช ืืช ื”ืชืขืฉื™ื™ื” ื”ื–ื• ื‘ืฆื•ืจื” ื‘ื˜ื•ื—ื” ื•ืžื”ื™ืžื ื” ื‘ืืžืจื™ืงื”.โ€ ื‘ืคื•ืกื˜ ื ื•ืกืฃ, ื”ื‘ื™ืข ื”ืžื ื›โ€ืœ ืฉืœ Coinbase ื‘ื™ื˜ื—ื•ืŸ ื‘ืžืฉื ื•ืžืชื ื™ื, ื•ื”ืกื‘ื™ืจ, โ€œืื ื™ ืœืžืขืฉื” ื“ื™ ืื•ืคื˜ื™ืžื™ ืฉื ื•ื›ืœ ืœื”ื’ื™ืข ืœืชื•ืฆืื” ื”ื ื›ื•ื ื” ืขื ืžืืžืฅ ืžืชืžืฉืš. ื ืžืฉื™ืš ืœื”ื•ืคื™ืข ื•ืœืขื‘ื•ื“ ืขื ื›ื•ืœื ื›ื“ื™ ืœื”ื’ื™ืข ืœืฉื.โ€

ืงืจื ืขื•ื“: ื—ืงื™ืงืช ืžื‘ื ื” ืฉื•ืง ื”ืงืจื™ืคื˜ื• ื ืชืงืขืช ื›ืฉื”ืกื ืื˜ ื“ื•ื—ื” ืืช ื”ืฉืœืžืช ื”ืขื™ื‘ื•ื“

ื”ืชื’ื•ื‘ื•ืช ื‘ืชืขืฉื™ื™ื” ื—ืจื’ื• ืžืขื‘ืจ ืœ-Coinbase, ื›ืืฉืจ ืžื™ื™ืกื“ Draper Associates ื•ื”ืžืฉืงื™ืข ื”ื•ืŸ ืกื™ื›ื•ืŸ, ื˜ื™ื ื“ืจื™ื™ืคืจ, ื”ื•ืกื™ืฃ ืืช ื“ืขืชื• ื‘ืคื•ืžื‘ื™. ื“ืจื™ื™ืคืจ ืฉื™ืชืฃ ื‘ืจืฉืช ื”ื—ื‘ืจืชื™ืช X:

โ€œื‘ืจื™ืืŸ ืืจืžืกื˜ืจื•ื ื’ ืžื“ื‘ืจ ื‘ื”ื™ื’ื™ื•ืŸ ื›ืืŸ. ื”ืคืฉืจื” ื”ื ื•ื›ื—ื™ืช ืฉืœ ื”ืกื ืื˜ ื’ืจื•ืขื” ืžืื™ ื—ืงื™ืงื” ื›ืœืœ. ื ืฉืžืข ืฉื”ื‘ื ืงื™ื ื”ืชืขืจื‘ื•.โ€

ื”ื—ื™ืœื•ืคื™ื ืžื‘ื˜ืื™ื ืืช ื”ื“ืื’ื” ื”ืจื—ื‘ื” ื™ื•ืชืจ ื‘ืชืขืฉื™ื™ื” ืฉืœืžืกื’ืจื•ืช ื—ืงื™ืงื” ืžื’ื‘ื™ืœื•ืช ืขืฉื•ื™ื•ืช ืœื”ื™ื•ืช ื”ืฉืคืขื” ืœืจืกืŸ ื—ื“ืฉื ื•ืช, ืœื”ื—ืœื™ืฉ ืชื—ืจื•ืช ื•ืœื”ืคื—ื™ืช ืืช ื”ื‘ื—ื™ืจื” ืœืฆืจื›ืŸ ื‘ืฉื™ืจื•ืชื™ ื ื›ืก ื“ื™ื’ื™ื˜ืœื™ื™ื. ืชื•ืžื›ื™ ื”ืžื™ืžื•ืŸ ืžื‘ื•ืกืก ื”ื‘ืœื•ืงืฆโ€™ื™ื™ืŸ ื˜ื•ืขื ื™ื ื›ื™ ื›ืœืœื™ื ืžืื•ื–ื ื™ื ื™ื›ื•ืœื™ื ืœื”ื’ืŸ ืขืœ ื”ืžืฉืชืžืฉื™ื, ืœืงื“ื ืคื™ืชื•ื— ืื—ืจืื™ ื•ืœื—ื–ืง ืืช ื”ื ื”ื’ืช ืืจื”โ€ื‘, ืชื•ืš ื”ื™ืžื ืขื•ืช ืžืืžืฆืขื™ื ืฉื™ื›ื•ืœื™ื ืœื”ื’ื‘ื™ืœ ื˜ื›ื ื•ืœื•ื’ื™ื•ืช ืžืชืคืชื—ื•ืช ืœืคื ื™ ืฉื”ืŸ ืžื‘ืฉื™ืœื•ืช.

ืฉืืœื•ืช ื ืคื•ืฆื•ืช โฐ

  • ืžื“ื•ืข Coinbase ืžืชื ื’ื“ืช ืœื˜ื™ื•ื˜ืช ื•ืขื“ืช ื”ื‘ื ืงืื•ืช ืฉืœ ื”ืกื ืื˜?
    Coinbase ื˜ื•ืขื ืช ืฉื”ื˜ื™ื•ื˜ื” ืชื’ื‘ื™ืœ ื˜ื•ืงื ื™ื–ืฆื™ื”, DeFi, ืžื˜ื‘ืขื•ืช ื™ืฆื™ื‘ื™ื ื•ืคืจื˜ื™ื•ืช ืคื™ื ื ืกื™ืช.
  • ืžื” ืืžืจ ื‘ืจื™ืืŸ ืืจืžืกื˜ืจื•ื ื’ ืขืœ ืžื ื™ื•ืช ืžืชื•ืงื ื ื•ืช?
    ื”ื•ื ื”ื–ื”ื™ืจ ืฉื”ื˜ื™ื•ื˜ื” ืžื’ื™ืขื” ื›ื“ื™ ืคืฉืจื” ื“ื”-ืคืงื˜ื• ืขืœ ืžื ื™ื•ืช ืžืชื•ืงื ื ื•ืช.
  • ื›ื™ืฆื“ ืขืฉื•ื™ื” ื”ื˜ื™ื•ื˜ื” ืœื”ืฉืคื™ืข ืขืœ ืกื•ื›ื ื•ื™ื•ืช ืจื’ื•ืœืฆื™ื” ืฉืœ ื”ืงืจื™ืคื˜ื•?
    ืืจืžืกื˜ืจื•ื ื’ ืืžืจ ืฉื–ื” ื™ืฉื—ื•ืง ืืช ื”ืกืžื›ื•ืช ืฉืœ CFTC ื•ื™ืขื ื™ืง ืขื“ื™ืคื•ืช ืœ-SEC.
  • ืžื”ื™ ืขืžื“ืช Coinbase ืขืœ ืžื˜ื‘ืขื•ืช ื™ืฆื™ื‘ื™ื ื‘ื—ื•ืง?
    ื”ืžื ื›โ€ืœ ืืžืจ ืฉื”ืฉื™ื ื•ื™ื™ื ื”ืžื•ืฆืขื™ื ืขืœื•ืœื™ื ืœื”ืจื•ื’ ืชื’ืžื•ืœื™ื ืขืœ ืžื˜ื‘ืขื•ืช ื™ืฆื™ื‘ื™ื ื•ืœื”ืคื—ื™ืช ืชื—ืจื•ืช.

ื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‘ื” ื–ื•