\u0110\u1ec1 xu\u1ea5t g\u1ea7n \u0111\u00e2y c\u1ee7a \u0111\u1ea3ng D\u00e2n ch\u1ee7 Th\u01b0\u1ee3ng vi\u1ec7n nh\u1eafm v\u00e0o t\u00e0i ch\u00ednh phi t\u1eadp trung (DeFi) \u0111\u00e3 th\u1eafp l\u00ean m\u1ed9t cu\u1ed9c tranh lu\u1eadn s\u00f4i n\u1ed5i, thu h\u00fat s\u1ef1 ch\u1ec9 tr\u00edch m\u1ea1nh m\u1ebd t\u1eeb c\u1ea3 c\u00e1c nh\u00e0 l\u1eadp ph\u00e1p \u0110\u1ea3ng C\u1ed9ng h\u00f2a v\u00e0 c\u00e1c nh\u00e0 l\u00e3nh \u0111\u1ea1o trong ng\u00e0nh ti\u1ec1n \u0111i\u1ec7n t\u1eed. C\u1ed1t l\u00f5i c\u1ee7a \u0111\u1ec1 xu\u1ea5t n\u00e0y l\u00e0 vi\u1ec7c gi\u1edbi thi\u1ec7u m\u1ed9t ‘danh s\u00e1ch b\u1ecb h\u1ea1n ch\u1ebf’ cho ph\u00e9p B\u1ed9 T\u00e0i ch\u00ednh c\u1ea5m c\u00e1c giao th\u1ee9c DeFi b\u1ecb coi l\u00e0 qu\u00e1 r\u1ee7i ro, v\u1edbi m\u1ee5c ti\u00eau \u0111\u01b0\u1ee3c \u0111\u01b0a ra l\u00e0 h\u1ea1n ch\u1ebf c\u00e1c ho\u1ea1t \u0111\u1ed9ng t\u00e0i ch\u00ednh b\u1ea5t h\u1ee3p ph\u00e1p.<\/p>\n
M\u1ed9t \u0111i\u1ec3m tranh c\u00e3i ch\u00ednh l\u00e0 y\u00eau c\u1ea7u \u0111\u1ec1 xu\u1ea5t v\u1ec1 vi\u1ec7c tu\u00e2n th\u1ee7 Know Your Customer (KYC) cho c\u00e1c \u1ee9ng d\u1ee5ng DeFi kh\u00f4ng gi\u00e1m s\u00e1t v\u00e0 t\u1ea5t c\u1ea3 c\u00e1c nh\u00e0 cung c\u1ea5p front-end, b\u1ea5t k\u1ec3 li\u1ec7u c\u00e1c nh\u00e0 ph\u00e1t tri\u1ec3n ho\u1eb7c \u0111i\u1ec1u h\u00e0nh c\u00f3 quy\u1ec1n truy c\u1eadp v\u00e0o t\u00e0i s\u1ea3n c\u1ee7a ng\u01b0\u1eddi d\u00f9ng hay kh\u00f4ng. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 b\u1ea5t k\u1ef3 ai t\u1ea1o ra, tri\u1ec3n khai ho\u1eb7c \u0111\u01b0\u1ee3c l\u1ee3i t\u1eeb m\u1ed9t giao th\u1ee9c DeFi c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c ph\u00e2n lo\u1ea1i l\u00e0 m\u1ed9t trung gian, ch\u1ecbu s\u1ef1 qu\u1ea3n l\u00fd t\u01b0\u01a1ng t\u1ef1 nh\u01b0 c\u00e1c nh\u00e0 m\u00f4i gi\u1edbi t\u00e0i ch\u00ednh truy\u1ec1n th\u1ed1ng. Theo c\u00e1c nh\u00e0 l\u00e3nh \u0111\u1ea1o trong ng\u00e0nh, nh\u1eefng \u0111\u1ecbnh ngh\u0129a r\u1ed9ng r\u00e3i nh\u01b0 v\u1eady c\u00f3 th\u1ec3 bao tr\u00f9m h\u1ea7u h\u1ebft t\u1ea5t c\u1ea3 ng\u01b0\u1eddi tham gia v\u00e0o ph\u00e1t tri\u1ec3n v\u00e0 v\u1eadn h\u00e0nh DeFi.<\/p>\n
C\u00e1c nh\u00e0 ph\u00ea b\u00ecnh l\u1eadp lu\u1eadn r\u1eb1ng nh\u1eefng \u0111i\u1ec1u kho\u1ea3n n\u00e0y \u0111\u1ea1i di\u1ec7n cho s\u1ef1 can thi\u1ec7p quy \u0111\u1ecbnh qu\u00e1 m\u1ee9c. B\u1eb1ng c\u00e1ch ph\u00e2n lo\u1ea1i h\u1ea7u h\u1ebft c\u00e1c di\u1ec5n vi\u00ean DeFi l\u00e0 trung gian, \u0111\u1ec1 xu\u1ea5t n\u00e0y c\u00f3 th\u1ec3 t\u01b0\u1edbc b\u1ecf c\u00e1c b\u1ea3o v\u1ec7 ph\u00e1p l\u00fd quan tr\u1ecdng t\u1eeb c\u00e1c nh\u00e0 ph\u00e1t tri\u1ec3n v\u00e0 \u0111i\u1ec1u h\u00e0nh, t\u0103ng nguy c\u01a1 ch\u1ecbu tr\u00e1ch nhi\u1ec7m h\u00ecnh s\u1ef1, v\u00e0 gi\u1edbi thi\u1ec7u m\u1ed9t m\u1ee9c \u0111\u1ed9 ki\u1ec3m so\u00e1t c\u1ee7a ch\u00ednh ph\u1ee7 m\u00e0 c\u00e1c nh\u00e0 b\u1ea3o v\u1ec7 ng\u00e0nh coi l\u00e0 ch\u01b0a t\u1eebng c\u00f3 v\u00e0 kh\u00f4ng kh\u1ea3 thi. Nhi\u1ec1u ng\u01b0\u1eddi lo ng\u1ea1i r\u1eb1ng nh\u1eefng bi\u1ec7n ph\u00e1p n\u00e0y s\u1ebd \u0111\u1ea9y \u0111\u1ed5i m\u1edbi s\u00e1ng t\u1ea1o v\u00e0 ph\u00e1t tri\u1ec3n ti\u1ec1n \u0111i\u1ec7n t\u1eed ra ngo\u00e0i Hoa K\u1ef3, l\u00e0m suy y\u1ebfu v\u1ecb th\u1ebf c\u1ee7a \u0111\u1ea5t n\u01b0\u1edbc trong c\u00f4ng ngh\u1ec7 t\u00e0i s\u1ea3n s\u1ed1.<\/p>\n
\u0110\u1ec1 xu\u1ea5t n\u00e0y c\u00e0ng chia r\u1ebd s\u1ef1 gi\u00e1m s\u00e1t quy \u0111\u1ecbnh gi\u1eefa \u1ee6y ban Ch\u1ee9ng kho\u00e1n v\u00e0 Giao d\u1ecbch v\u00e0 \u1ee6y ban Th\u01b0\u01a1ng m\u1ea1i H\u00e0ng h\u00f3a v\u00e0 T\u01b0\u01a1ng lai nh\u01b0ng l\u1ea1i \u0111\u1ec3 l\u1ea1i cho B\u1ed9 T\u00e0i ch\u00ednh quy\u1ec1n h\u1ea1n r\u1ed9ng l\u1edbn \u0111\u1ec3 quy\u1ebft \u0111\u1ecbnh khi n\u00e0o m\u1ed9t giao th\u1ee9c \u0111\u1ee7 ‘phi t\u1eadp trung’. C\u00e1c \u0111\u1ea3ng vi\u00ean C\u1ed9ng h\u00f2a v\u00e0 c\u00e1c nh\u00f3m ng\u00e0nh \u0111\u00e3 b\u00e0y t\u1ecf lo ng\u1ea1i r\u1eb1ng c\u00e1ch ti\u1ebfp c\u1eadn n\u00e0y kh\u00f4ng nh\u1ea5t qu\u00e1n v\u1edbi nh\u1eefng n\u1ed7 l\u1ef1c l\u01b0\u1ee1ng \u0111\u1ea3ng – nh\u01b0 \u0110\u1ea1o lu\u1eadt \u0110\u1ed5i m\u1edbi T\u00e0i ch\u00ednh c\u00f3 tr\u00e1ch nhi\u1ec7m (RFIA) v\u00e0 \u0110\u1ea1o lu\u1eadt CLARITY – c\u1ea3 hai \u0111\u1ec1u nh\u1eb1m m\u1ee5c ti\u00eau cung c\u1ea5p b\u1ea3o v\u1ec7 r\u00f5 r\u00e0ng h\u01a1n cho c\u00e1c nh\u00e0 ph\u00e1t tri\u1ec3n DeFi v\u00e0 th\u00fac \u0111\u1ea9y \u0111\u1ed5i m\u1edbi th\u00f4ng qua c\u00e1c sandbox quy \u0111\u1ecbnh v\u00e0 mi\u1ec5n m\u1ed9t s\u1ed1 t\u00e0i s\u1ea3n s\u1ed1 kh\u1ecfi lu\u1eadt ch\u1ee9ng kho\u00e1n.<\/p>\n
C\u00e1c ph\u00e1t ng\u00f4n vi\u00ean c\u1ee7a ng\u00e0nh c\u00f4ng nghi\u1ec7p ti\u1ec1n \u0111i\u1ec7n t\u1eed v\u00e0 c\u00e1c chuy\u00ean gia ch\u00ednh s\u00e1ch c\u1ea3nh b\u00e1o r\u1eb1ng b\u1ea3n d\u1ef1 th\u1ea3o c\u1ee7a \u0111\u1ea3ng D\u00e2n ch\u1ee7 kh\u00f4ng xem DeFi nh\u01b0 m\u1ed9t b\u01b0\u1edbc \u0111\u1ed9t ph\u00e1 c\u00f4ng ngh\u1ec7 c\u1ea7n \u0111\u01b0\u1ee3c nu\u00f4i d\u01b0\u1ee1ng m\u00e0 xem n\u00f3 nh\u01b0 m\u1ed9t m\u1ed1i \u0111e d\u1ecda c\u1ea7n \u0111\u01b0\u1ee3c ki\u1ec3m so\u00e1t ch\u1eb7t ch\u1ebd. H\u1ecd l\u1eadp lu\u1eadn r\u1eb1ng m\u1ed9t l\u1eadp tr\u01b0\u1eddng nh\u01b0 v\u1eady c\u00f3 th\u1ec3 l\u00e0m ch\u1eadm ti\u1ebfn tr\u00ecnh \u0111\u00e0m ph\u00e1n l\u01b0\u1ee1ng \u0111\u1ea3ng v\u1ec1 lu\u1eadt ti\u1ec1n \u0111i\u1ec7n t\u1eed to\u00e0n di\u1ec7n v\u00e0 cu\u1ed1i c\u00f9ng \u0111\u1ea9y c\u00e1c doanh nh\u00e2n, nh\u00e0 ph\u00e1t tri\u1ec3n v\u00e0 v\u1ed1n ra kh\u1ecfi th\u1ecb tr\u01b0\u1eddng Hoa K\u1ef3.<\/p>\n
Khi cu\u1ed9c tranh lu\u1eadn ti\u1ebfp t\u1ee5c, t\u01b0\u01a1ng lai c\u1ee7a quy \u0111\u1ecbnh DeFi t\u1ea1i Hoa K\u1ef3 v\u1eabn r\u1ea5t kh\u00f4ng ch\u1eafc ch\u1eafn, v\u1edbi c\u00e1c nh\u00e0 l\u1eadp ph\u00e1p, c\u01a1 quan qu\u1ea3n l\u00fd v\u00e0 c\u00e1c nh\u00e0 \u0111\u1ed5i m\u1edbi \u0111ang v\u1eadt l\u1ed9n \u0111\u1ec3 t\u00ecm c\u00e1ch t\u1ed1t nh\u1ea5t \u0111\u1ec3 c\u00e2n b\u1eb1ng gi\u1eefa b\u1ea3o v\u1ec7 ng\u01b0\u1eddi ti\u00eau d\u00f9ng, ng\u0103n ch\u1eb7n t\u00e0i ch\u00ednh b\u1ea5t h\u1ee3p ph\u00e1p v\u00e0 b\u1ea3o t\u1ed3n v\u1ecb tr\u00ed l\u00e3nh \u0111\u1ea1o c\u1ee7a M\u1ef9 trong n\u1ec1n kinh t\u1ebf t\u00e0i s\u1ea3n s\u1ed1.<\/p>\n","protected":false},"excerpt":{"rendered":"
\u0110\u1ec1 xu\u1ea5t g\u1ea7n \u0111\u00e2y c\u1ee7a \u0111\u1ea3ng D\u00e2n ch\u1ee7 Th\u01b0\u1ee3ng vi\u1ec7n nh\u1eafm v\u00e0o t\u00e0i ch\u00ednh phi t\u1eadp trung (DeFi) \u0111\u00e3 th\u1eafp l\u00ean m\u1ed9t cu\u1ed9c tran […]<\/p>\n","protected":false},"author":1,"featured_media":3575,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[],"class_list":["post-3582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-vi"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"ja","enabled_languages":["en","de","ja","vi","ms"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"ja":{"title":false,"content":false,"excerpt":false},"vi":{"title":false,"content":false,"excerpt":false},"ms":{"title":false,"content":false,"excerpt":false}}},"rttpg_featured_image_url":{"full":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/10\/2025-10-10T110002.2950700.jpg",1920,1080,false],"landscape":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/10\/2025-10-10T110002.2950700.jpg",1920,1080,false],"portraits":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/10\/2025-10-10T110002.2950700.jpg",1920,1080,false],"thumbnail":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/10\/2025-10-10T110002.2950700-150x150.jpg",150,150,true],"medium":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/10\/2025-10-10T110002.2950700-300x169.jpg",300,169,true],"large":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/10\/2025-10-10T110002.2950700-1024x576.jpg",1024,576,true],"1536x1536":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/10\/2025-10-10T110002.2950700-1536x864.jpg",1536,864,true],"2048x2048":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/10\/2025-10-10T110002.2950700.jpg",1920,1080,false],"blog-thumb":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/10\/2025-10-10T110002.2950700-530x250.jpg",530,250,true],"blog-full":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2025\/10\/2025-10-10T110002.2950700-1100x450.jpg",1100,450,true]},"rttpg_author":{"display_name":"tranhuynhmy@proton.me","author_link":"https:\/\/globalcryptoguru.com\/ja\/author\/tranhuynhmyproton-me\/"},"rttpg_comment":0,"rttpg_category":"News-Vi<\/a>","rttpg_excerpt":"\u0110\u1ec1 xu\u1ea5t g\u1ea7n \u0111\u00e2y c\u1ee7a \u0111\u1ea3ng D\u00e2n ch\u1ee7 Th\u01b0\u1ee3ng vi\u1ec7n nh\u1eafm v\u00e0o t…","_links":{"self":[{"href":"https:\/\/globalcryptoguru.com\/ja\/wp-json\/wp\/v2\/posts\/3582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalcryptoguru.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalcryptoguru.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalcryptoguru.com\/ja\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalcryptoguru.com\/ja\/wp-json\/wp\/v2\/comments?post=3582"}],"version-history":[{"count":1,"href":"https:\/\/globalcryptoguru.com\/ja\/wp-json\/wp\/v2\/posts\/3582\/revisions"}],"predecessor-version":[{"id":3584,"href":"https:\/\/globalcryptoguru.com\/ja\/wp-json\/wp\/v2\/posts\/3582\/revisions\/3584"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalcryptoguru.com\/ja\/wp-json\/wp\/v2\/media\/3575"}],"wp:attachment":[{"href":"https:\/\/globalcryptoguru.com\/ja\/wp-json\/wp\/v2\/media?parent=3582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalcryptoguru.com\/ja\/wp-json\/wp\/v2\/categories?post=3582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalcryptoguru.com\/ja\/wp-json\/wp\/v2\/tags?post=3582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}