{"id":14118,"date":"2026-05-07T10:52:04","date_gmt":"2026-05-07T03:52:04","guid":{"rendered":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/07\/stablecoin-industry-phan-doi-quy-dinh-cam-vi-khong-luu-ky\/"},"modified":"2026-05-07T10:52:04","modified_gmt":"2026-05-07T03:52:04","slug":"stablecoin-industry-phan-doi-quy-dinh-cam-vi-khong-luu-ky","status":"publish","type":"post","link":"https:\/\/taichinhphowall.com\/index.php\/2026\/05\/07\/stablecoin-industry-phan-doi-quy-dinh-cam-vi-khong-luu-ky\/","title":{"rendered":"Stablecoin industry ph\u1ea3n \u0111\u1ed1i quy \u0111\u1ecbnh c\u1ea5m v\u00ed kh\u00f4ng l\u01b0u k\u00fd"},"content":{"rendered":"
\n

Ng\u00e0nh c\u00f4ng nghi\u1ec7p ti\u1ec1n \u0111i\u1ec7n t\u1eed t\u1ea1i V\u01b0\u01a1ng qu\u1ed1c Anh \u0111ang d\u1ea5y l\u00ean l\u00e0n s\u00f3ng ph\u1ea3n \u0111\u1ed1i m\u1ea1nh m\u1ebd tr\u01b0\u1edbc \u0111\u1ec1 xu\u1ea5t ch\u00ednh s\u00e1ch m\u1edbi t\u1eeb Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Anh (BoE), v\u1ed1n nh\u1eafm \u0111\u1ebfn vi\u1ec7c c\u1ea5m c\u00e1c v\u00ed kh\u00f4ng l\u01b0u k\u00fd (unhosted wallets) \u0111\u1ed1i v\u1edbi stablecoin. Trong k\u1ef7 nguy\u00ean t\u00e0i ch\u00ednh s\u1ed1 \u0111\u1ea7y bi\u1ebfn \u0111\u1ed9ng, vi\u1ec7c qu\u1ea3n l\u00fd c\u00e1c t\u00e0i s\u1ea3n \u1ed5n \u0111\u1ecbnh gi\u00e1 tr\u1ecb n\u00e0y \u0111ang tr\u1edf th\u00e0nh t\u00e2m \u0111i\u1ec3m c\u1ee7a nh\u1eefng cu\u1ed9c tranh lu\u1eadn gay g\u1eaft v\u1ec1 quy\u1ec1n ki\u1ec3m so\u00e1t v\u00e0 t\u00ednh t\u1ef1 ch\u1ee7 c\u00f4ng ngh\u1ec7.<\/p>\n

\n \"Stablecoin
\u1ea2nh t\u1eeb ngu\u1ed3n: cointelegraph.com<\/em><\/figcaption><\/figure>\n

B\u1ea3n ch\u1ea5t c\u1ee7a v\u00ed kh\u00f4ng l\u01b0u k\u00fd trong h\u1ec7 sinh th\u00e1i stablecoin<\/h2>\n

\u0110\u1ec3 hi\u1ec3u r\u00f5 l\u00fd do t\u1ea1i sao Stablecoin industry l\u1ea1i quy\u1ebft li\u1ec7t nh\u01b0 v\u1eady, tr\u01b0\u1edbc h\u1ebft c\u1ea7n n\u1eafm b\u1eaft c\u01a1 ch\u1ebf ho\u1ea1t \u0111\u1ed9ng c\u1ee7a v\u00ed kh\u00f4ng l\u01b0u k\u00fd. Kh\u00e1c v\u1edbi v\u00ed l\u01b0u k\u00fd n\u01a1i c\u00e1c th\u1ef1c th\u1ec3 trung gian nh\u01b0 s\u00e0n giao d\u1ecbch n\u1eafm gi\u1eef kh\u00f3a c\u00e1 nh\u00e2n, v\u00ed kh\u00f4ng l\u01b0u k\u00fd cho ph\u00e9p ng\u01b0\u1eddi d\u00f9ng t\u1ef1 l\u00e0m ch\u1ee7 ho\u00e0n to\u00e0n t\u00e0i s\u1ea3n s\u1ed1 c\u1ee7a m\u00ecnh. \u0110\u00e2y l\u00e0 n\u1ec1n t\u1ea3ng c\u1ed1t l\u00f5i c\u1ee7a t\u00ednh phi t\u1eadp trung, cho ph\u00e9p d\u00f2ng ch\u1ea3y t\u00e0i s\u1ea3n v\u1eadn h\u00e0nh th\u00f4ng qua c\u00e1c thu\u1eadt to\u00e1n v\u00e0 m\u00e3 ngu\u1ed3n thay v\u00ec s\u1ef1 gi\u00e1m s\u00e1t t\u1eeb b\u1ea5t k\u1ef3 t\u1ed5 ch\u1ee9c t\u00e0i ch\u00ednh truy\u1ec1n th\u1ed1ng n\u00e0o.<\/p>\n

Khi Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Anh \u0111\u01b0a ra \u0111\u1ec1 xu\u1ea5t c\u1ea5m lo\u1ea1i h\u00ecnh n\u00e0y, h\u1ecd \u0111ang gi\u00e1n ti\u1ebfp th\u00e1ch th\u1ee9c quy\u1ec1n t\u1ef1 ch\u1ee7 c\u1ee7a ng\u01b0\u1eddi d\u00f9ng trong vi\u1ec7c l\u01b0u tr\u1eef v\u00e0 chuy\u1ec3n giao stablecoin. \u0110i\u1ec1u n\u00e0y t\u01b0\u01a1ng t\u1ef1 nh\u01b0 vi\u1ec7c \u0111\u1eb7t ra gi\u1edbi h\u1ea1n cho nh\u1eefng b\u01b0\u1edbc ti\u1ebfn c\u00f4ng ngh\u1ec7 v\u1ed1n \u0111\u00e3 \u0111\u1ecbnh h\u00ecnh l\u1ea1i c\u00e1ch ch\u00fang ta t\u01b0\u01a1ng t\u00e1c v\u1edbi gi\u00e1 tr\u1ecb trong k\u1ef7 nguy\u00ean blockchain. Trong khi c\u00e1c t\u1ed5 ch\u1ee9c nh\u01b0 Ether t\u00edch l\u0169y 246K ETH v\u00e0 m\u1ed1c th\u1eed th\u00e1ch 2.400 USD \u0111ang ch\u1ee9ng minh s\u1ee9c h\u00fat c\u1ee7a c\u00e1c giao th\u1ee9c phi t\u1eadp trung, th\u00ec ch\u00ednh s\u00e1ch n\u00e0y \u0111\u01b0\u1ee3c xem l\u00e0 m\u1ed9t r\u00e0o c\u1ea3n k\u1ef9 thu\u1eadt nghi\u00eam tr\u1ecdng.<\/p>\n

Cu\u1ed9c xung \u0111\u1ed9t gi\u1eefa qu\u1ea3n l\u00fd nh\u00e0 n\u01b0\u1edbc v\u00e0 s\u1ef1 t\u1ef1 do thu\u1eadt to\u00e1n<\/h2>\n

S\u1ef1 ph\u1ea3n \u0111\u1ed1i t\u1eeb ph\u00eda Stablecoin industry kh\u00f4ng ch\u1ec9 \u0111\u01a1n thu\u1ea7n l\u00e0 v\u1ea5n \u0111\u1ec1 l\u1ee3i \u00edch kinh t\u1ebf, m\u00e0 c\u00f2n l\u00e0 cu\u1ed9c \u0111\u1ea5u tranh \u0111\u1ec3 b\u1ea3o v\u1ec7 t\u00ednh to\u00e0n v\u1eb9n c\u1ee7a c\u00e1c giao th\u1ee9c m\u00e3 h\u00f3a. C\u00e1c chuy\u00ean gia cho r\u1eb1ng vi\u1ec7c ng\u0103n ch\u1eb7n v\u00ed kh\u00f4ng l\u01b0u k\u00fd s\u1ebd l\u00e0m suy y\u1ebfu kh\u1ea3 n\u0103ng t\u01b0\u01a1ng t\u00e1c c\u1ee7a m\u1ea1ng l\u01b0\u1edbi t\u00e0i ch\u00ednh s\u1ed1. Trong b\u1ed1i c\u1ea3nh nhi\u1ec1u s\u00e1ng ki\u1ebfn \u0111ang ra \u0111\u1eddi \u0111\u1ec3 th\u00fac \u0111\u1ea9y t\u00ednh \u1ee9ng d\u1ee5ng, nh\u01b0 tr\u01b0\u1eddng h\u1ee3p Canton Coin v\u00e0 b\u01b0\u1edbc ti\u1ebfn t\u1eeb ng\u00e2n h\u00e0ng Amina, vi\u1ec7c \u00e1p \u0111\u1eb7t c\u00e1c quy \u0111\u1ecbnh th\u1eaft ch\u1eb7t l\u00ean v\u00ed t\u1ef1 l\u01b0u tr\u1eef c\u00f3 th\u1ec3 t\u1ea1o ra hi\u1ec7u \u1ee9ng ng\u01b0\u1ee3c, \u0111\u1ea9y c\u00e1c d\u1ef1 \u00e1n \u0111\u1ed5i m\u1edbi s\u00e1ng t\u1ea1o r\u1eddi kh\u1ecfi th\u1ecb tr\u01b0\u1eddng Anh.<\/p>\n

Th\u1ef1c t\u1ebf cho th\u1ea5y m\u1ed9t ngh\u1ecbch l\u00fd l\u00e0 trong khi th\u1ebf gi\u1edbi \u0111ang h\u01b0\u1edbng t\u1edbi vi\u1ec7c t\u1ed1i \u01b0u h\u00f3a giao d\u1ecbch b\u1eb1ng c\u00f4ng ngh\u1ec7 s\u1ed5 c\u00e1i ph\u00e2n t\u00e1n, c\u00e1c c\u01a1 quan qu\u1ea3n l\u00fd l\u1ea1i \u0111ang loay hoay v\u1edbi vi\u1ec7c thi\u1ebft l\u1eadp r\u00e0o ch\u1eafn b\u1ea3o m\u1eadt. Vi\u1ec7c gi\u00e1m s\u00e1t qu\u00e1 m\u1ee9c \u0111\u1ed1i v\u1edbi v\u00ed kh\u00f4ng l\u01b0u k\u00fd c\u00f3 th\u1ec3 l\u00e0m m\u1ea5t \u0111i b\u1ea3n ch\u1ea5t “kh\u00f4ng bi\u00ean gi\u1edbi” v\u00e0 “kh\u00f4ng ph\u1ee5 thu\u1ed9c trung gian” c\u1ee7a stablecoin, v\u1ed1n l\u00e0 y\u1ebfu t\u1ed1 ch\u00ednh th\u00fac \u0111\u1ea9y s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a c\u00e1c h\u1ec7 sinh th\u00e1i t\u00e0i ch\u00ednh phi t\u1eadp trung hi\u1ec7n nay.<\/p>\n

H\u01b0\u1edbng t\u1edbi s\u1ef1 c\u00e2n b\u1eb1ng trong t\u01b0\u01a1ng lai<\/h2>\n

N\u1ebfu nh\u1eefng quy \u0111\u1ecbnh n\u00e0y ch\u00ednh th\u1ee9c \u0111\u01b0\u1ee3c \u00e1p d\u1ee5ng, ch\u00fang ta c\u00f3 th\u1ec3 s\u1ebd ch\u1ee9ng ki\u1ebfn m\u1ed9t cu\u1ed9c chuy\u1ec3n d\u1ecbch l\u1edbn trong c\u00e1ch c\u00e1c nh\u00e0 ph\u00e1t tri\u1ec3n x\u00e2y d\u1ef1ng h\u1ea1 t\u1ea7ng t\u00e0i ch\u00ednh. Nh\u1eefng nh\u00e0 ph\u00e1t tri\u1ec3n s\u1ebd ph\u1ea3i c\u00e2n nh\u1eafc k\u1ef9 l\u01b0\u1ee1ng h\u01a1n gi\u1eefa vi\u1ec7c tu\u00e2n th\u1ee7 ph\u00e1p l\u00fd v\u00e0 vi\u1ec7c b\u1ea3o to\u00e0n quy\u1ec1n l\u1ee3i cho ng\u01b0\u1eddi d\u00f9ng cu\u1ed1i. S\u1ef1 ph\u00e1t tri\u1ec3n m\u1ea1nh m\u1ebd c\u1ee7a th\u1ecb tr\u01b0\u1eddng, bao g\u1ed3m c\u1ea3 nh\u1eefng ph\u00e2n t\u00edch chuy\u00ean s\u00e2u v\u1ec1 d\u1ef1 \u0111o\u00e1n gi\u00e1 ti\u1ec1n \u0111i\u1ec7n t\u1eed: Ph\u00e2n t\u00edch k\u1ef9 thu\u1eadt Bitcoin v\u00e0 c\u00e1c altcoin ti\u1ec1m n\u0103ng, \u0111\u1ec1u ph\u1ea3n \u00e1nh m\u1ed9t th\u1ecb tr\u01b0\u1eddng \u0111ang kh\u00f4ng ng\u1eebng v\u1eadn \u0111\u1ed9ng d\u1ef1a tr\u00ean s\u1ef1 minh b\u1ea1ch c\u1ee7a m\u00e3 ngu\u1ed3n m\u1edf v\u00e0 s\u1ef1 tin t\u01b0\u1edfng v\u00e0o c\u1ed9ng \u0111\u1ed3ng thay v\u00ec c\u00e1c l\u1edbp r\u00e0o c\u1ea3n t\u1eeb c\u01a1 quan qu\u1ea3n l\u00fd.<\/p>\n

Stablecoin industry \u0111ang \u0111\u1eb7t ra c\u00e2u h\u1ecfi l\u1edbn v\u1ec1 t\u00ednh kh\u1ea3 thi v\u00e0 \u0111\u1ea1o \u0111\u1ee9c c\u1ee7a ch\u00ednh s\u00e1ch n\u00e0y. R\u00f5 r\u00e0ng, vi\u1ec7c t\u00ecm ki\u1ebfm ti\u1ebfng n\u00f3i chung gi\u1eefa c\u00e1c nh\u00e0 l\u1eadp ph\u00e1p t\u1ea1i Anh v\u00e0 c\u1ed9ng \u0111\u1ed3ng c\u00f4ng ngh\u1ec7 s\u1ed1 kh\u00f4ng ch\u1ec9 l\u00e0 chuy\u1ec7n c\u1ee7a ng\u00e0y m\u1ed9t ng\u00e0y hai. Cu\u1ed9c \u0111\u1ed1i tho\u1ea1i n\u00e0y s\u1ebd c\u00f2n k\u00e9o d\u00e0i, \u0111\u1ecbnh h\u00ecnh l\u1ea1i t\u01b0\u01a1ng lai c\u1ee7a t\u00e0i ch\u00ednh k\u1ef9 thu\u1eadt s\u1ed1 trong nh\u1eefng n\u0103m t\u1edbi.<\/p>\n

B\u00e0i vi\u1ebft \u0111\u00e3 \u0111\u01b0\u1ee3c bi\u00ean t\u1eadp l\u1ea1i t\u1eeb ngu\u1ed3n: cointelegraph.com<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ng\u00e0nh c\u00f4ng nghi\u1ec7p ti\u1ec1n \u0111i\u1ec7n t\u1eed t\u1ea1i V\u01b0\u01a1ng qu\u1ed1c Anh \u0111ang d\u1ea5y l\u00ean l\u00e0n s\u00f3ng ph\u1ea3n \u0111\u1ed1i m\u1ea1nh m\u1ebd tr\u01b0\u1edbc \u0111\u1ec1 xu\u1ea5t ch\u00ednh s\u00e1ch m\u1edbi t\u1eeb Ng\u00e2n h\u00e0ng Trung \u01b0\u01a1ng Anh (BoE), v\u1ed1n nh\u1eafm \u0111\u1ebfn vi\u1ec7c c\u1ea5m c\u00e1c v\u00ed kh\u00f4ng l\u01b0u k\u00fd (unhosted wallets) \u0111\u1ed1i v\u1edbi stablecoin. Trong k\u1ef7 nguy\u00ean t\u00e0i ch\u00ednh s\u1ed1 \u0111\u1ea7y bi\u1ebfn […]<\/p>\n","protected":false},"author":1,"featured_media":14116,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[51],"tags":[],"class_list":["post-14118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-va-web3"],"_links":{"self":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/14118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/comments?post=14118"}],"version-history":[{"count":0,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/posts\/14118\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media\/14116"}],"wp:attachment":[{"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/media?parent=14118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/categories?post=14118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taichinhphowall.com\/index.php\/wp-json\/wp\/v2\/tags?post=14118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}