\u1ea4n \u0110\u1ed9 \u0111ang \u0111i theo m\u1ed9t con \u0111\u01b0\u1eddng th\u1eadn tr\u1ecdng khi n\u00f3i \u0111\u1ebfn ti\u1ec1n \u0111i\u1ec7n t\u1eed v\u00e0 t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1. Thay v\u00ec ban h\u00e0nh c\u00e1c lu\u1eadt m\u1ea1nh m\u1ebd \u0111i\u1ec1u ch\u1ec9nh m\u1ecdi kh\u00eda c\u1ea1nh c\u1ee7a th\u1ecb tr\u01b0\u1eddng n\u00e0y, ch\u00ednh ph\u1ee7 th\u00edch gi\u00e1m s\u00e1t h\u1ea1n ch\u1ebf. C\u00e1c nh\u00e0 l\u00e3nh \u0111\u1ea1o lo ng\u1ea1i r\u1eb1ng vi\u1ec7c c\u00f4ng nh\u1eadn \u0111\u1ea7y \u0111\u1ee7 ti\u1ec1n \u0111i\u1ec7n t\u1eed c\u00f3 th\u1ec3 khi\u1ebfn ch\u00fang tr\u1edf th\u00e0nh m\u1ed9t ph\u1ea7n c\u1ee7a h\u1ec7 th\u1ed1ng t\u00e0i ch\u00ednh theo nh\u1eefng c\u00e1ch kh\u00f4ng an to\u00e0n. M\u1ed9t b\u00e1o c\u00e1o do Reuters xem cho th\u1ea5y Ng\u00e2n h\u00e0ng D\u1ef1 tr\u1eef \u1ea4n \u0110\u1ed9, c\u00f2n \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 RBI, tin r\u1eb1ng vi\u1ec7c ki\u1ec3m so\u00e1t r\u1ee7i ro th\u00f4ng qua quy \u0111\u1ecbnh s\u1ebd r\u1ea5t kh\u00f3 kh\u0103n. C\u00e1c quan ch\u1ee9c lo s\u1ee3 r\u1eb1ng qu\u00e1 nhi\u1ec1u ki\u1ec3m so\u00e1t c\u00f3 th\u1ec3 mang l\u1ea1i nhi\u1ec1u t\u00e1c h\u1ea1i h\u01a1n l\u00e0 l\u1ee3i \u00edch, t\u1ea1o ra c\u00e1c r\u1ee7i ro h\u1ec7 th\u1ed1ng c\u00f3 th\u1ec3 lan r\u1ed9ng qua c\u00e1c ng\u00e2n h\u00e0ng v\u00e0 h\u1ec7 th\u1ed1ng thanh to\u00e1n.<\/p>\n\n
M\u1ed9t s\u1ed1 qu\u1ed1c gia \u0111ang di chuy\u1ec3n theo m\u1ed9t h\u01b0\u1edbng kh\u00e1c. Nh\u1eadt B\u1ea3n v\u00e0 \u00dac \u0111ang x\u00e2y d\u1ef1ng c\u00e1c khu\u00f4n kh\u1ed5 \u0111\u1ec3 \u0111i\u1ec1u ch\u1ec9nh t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1 t\u1eebng b\u01b0\u1edbc. Trung Qu\u1ed1c ti\u1ebfp t\u1ee5c c\u1ea5m ti\u1ec1n \u0111i\u1ec7n t\u1eed nh\u01b0ng \u0111ang xem x\u00e9t \u0111\u1ed3ng ti\u1ec1n \u1ed5n \u0111\u1ecbnh k\u1ef9 thu\u1eadt s\u1ed1 nh\u00e2n d\u00e2n t\u1ec7. Hoa K\u1ef3 \u0111\u00e3 th\u00f4ng qua m\u1ed9t \u0111\u1ea1o lu\u1eadt g\u1ecdi l\u00e0 \u0110\u1ea1o lu\u1eadt GENIUS, \u1ee7ng h\u1ed9 vi\u1ec7c s\u1eed d\u1ee5ng stablecoin. Stablecoin l\u00e0 ti\u1ec1n \u0111i\u1ec7n t\u1eed \u0111\u01b0\u1ee3c g\u1eafn v\u1edbi ti\u1ec1n th\u1eadt nh\u01b0 \u0111\u00f4 la M\u1ef9. Ch\u00fang \u0111\u01b0\u1ee3c thi\u1ebft k\u1ebf \u0111\u1ec3 tr\u00e1nh bi\u1ebfn \u0111\u1ed9ng gi\u00e1 c\u1ea3 \u0111i\u00ean cu\u1ed3ng, nh\u01b0ng ch\u00fang v\u1eabn c\u00f3 th\u1ec3 thay \u0111\u1ed5i gi\u00e1 tr\u1ecb trong c\u00e1c c\u00fa s\u1ed1c th\u1ecb tr\u01b0\u1eddng ho\u1eb7c khi thanh kho\u1ea3n c\u1ea1n ki\u1ec7t. \u0110\u00e2y l\u00e0 l\u00fd do t\u1ea1i sao c\u00e1c nh\u00e0 qu\u1ea3n l\u00fd \u1edf nhi\u1ec1u qu\u1ed1c gia, bao g\u1ed3m c\u1ea3 \u1ea4n \u0110\u1ed9, theo d\u00f5i ch\u00fang ch\u1eb7t ch\u1ebd.<\/p>\n\n
Stablecoin \u0111\u1eb7t ra nh\u1eefng lo ng\u1ea1i \u0111\u1eb7c bi\u1ec7t \u0111\u1ed1i v\u1edbi \u1ea4n \u0110\u1ed9. Ch\u00ednh ph\u1ee7 lo ng\u1ea1i r\u1eb1ng n\u1ebfu stablecoin tr\u1edf n\u00ean ph\u1ed5 bi\u1ebfn, ch\u00fang c\u00f3 th\u1ec3 l\u00e0m suy y\u1ebfu Giao di\u1ec7n Thanh to\u00e1n H\u1ee3p nh\u1ea5t, \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 UPI. UPI l\u00e0 x\u01b0\u01a1ng s\u1ed1ng c\u1ee7a h\u1ec7 th\u1ed1ng thanh to\u00e1n k\u1ef9 thu\u1eadt s\u1ed1 \u0111ang ph\u00e1t tri\u1ec3n nhanh ch\u00f3ng c\u1ee7a \u1ea4n \u0110\u1ed9. Vi\u1ec7c s\u1eed d\u1ee5ng r\u1ed9ng r\u00e3i stablecoin c\u00f3 th\u1ec3 ph\u00e2n m\u1ea3nh h\u1ec7 th\u1ed1ng, khi\u1ebfn RBI kh\u00f3 ki\u1ec3m so\u00e1t vi\u1ec7c thanh to\u00e1n h\u01a1n. C\u00e1c quan ch\u1ee9c c\u0169ng lo ng\u1ea1i r\u1eb1ng stablecoin, ngay c\u1ea3 khi \u0111\u01b0\u1ee3c g\u1eafn v\u1edbi \u0111\u1ed3ng \u0111\u00f4 la, c\u00f3 th\u1ec3 g\u00e2y \u00e1p l\u1ef1c b\u00ean ngo\u00e0i cho n\u1ec1n kinh t\u1ebf \u1ea4n \u0110\u1ed9.<\/p>\n\n
\u0110\u1ed3ng th\u1eddi, ch\u00ednh ph\u1ee7 kh\u00f4ng mu\u1ed1n c\u1ea5m ho\u00e0n to\u00e0n ti\u1ec1n \u0111i\u1ec7n t\u1eed. L\u1ec7nh c\u1ea5m c\u00f3 th\u1ec3 ng\u0103n ch\u1eb7n m\u1ed9t s\u1ed1 r\u1ee7i ro, nh\u01b0ng n\u00f3 s\u1ebd kh\u00f4ng ng\u0103n ch\u1eb7n c\u00e1c giao d\u1ecbch ngang h\u00e0ng ho\u1eb7c giao d\u1ecbch trao \u0111\u1ed5i phi t\u1eadp trung. Nh\u1eefng lo\u1ea1i ho\u1ea1t \u0111\u1ed9ng ti\u1ec1n \u0111i\u1ec7n t\u1eed n\u00e0y r\u1ea5t kh\u00f3 theo d\u00f5i ho\u1eb7c ng\u0103n ch\u1eb7n. Thay v\u00e0o \u0111\u00f3, \u1ea4n \u0110\u1ed9 th\u00edch y\u00eau c\u1ea7u c\u00e1c s\u00e0n giao d\u1ecbch ti\u1ec1n \u0111i\u1ec7n t\u1eed to\u00e0n c\u1ea7u \u0111\u0103ng k\u00fd t\u1ea1i \u0111\u1ecba ph\u01b0\u01a1ng. C\u00e1c s\u00e0n giao d\u1ecbch ph\u1ea3i \u0111\u1ed1i m\u1eb7t v\u1edbi c\u00e1c bi\u1ec7n ph\u00e1p ki\u1ec3m tra nghi\u00eam ng\u1eb7t \u0111\u1ec3 ng\u0103n ch\u1eb7n r\u1eeda ti\u1ec1n v\u00e0 gian l\u1eadn. C\u00e1ch ti\u1ebfp c\u1eadn n\u00e0y h\u1ea1n ch\u1ebf r\u1ee7i ro m\u00e0 kh\u00f4ng bi\u1ebfn ti\u1ec1n \u0111i\u1ec7n t\u1eed tr\u1edf th\u00e0nh m\u1ed9t ph\u1ea7n c\u1ee7a h\u1ec7 th\u1ed1ng t\u00e0i ch\u00ednh ch\u00ednh c\u1ee7a \u0111\u1ea5t n\u01b0\u1edbc.<\/p>\n\n
Thu\u1ebf l\u00e0 m\u1ed9t c\u00f4ng c\u1ee5 kh\u00e1c m\u00e0 \u1ea4n \u0110\u1ed9 s\u1eed d\u1ee5ng \u0111\u1ec3 qu\u1ea3n l\u00fd th\u1ecb tr\u01b0\u1eddng ti\u1ec1n \u0111i\u1ec7n t\u1eed. Ch\u00ednh ph\u1ee7 \u0111\u1eb7t ra c\u00e1c lo\u1ea1i thu\u1ebf tr\u1eebng ph\u1ea1t \u0111\u1ed1i v\u1edbi l\u1ee3i nhu\u1eadn ti\u1ec1n \u0111i\u1ec7n t\u1eed. C\u00e1c lo\u1ea1i thu\u1ebf n\u1eb7ng n\u00e0y \u0111\u00f3ng vai tr\u00f2 l\u00e0 l\u1eddi c\u1ea3nh b\u00e1o ch\u1ed1ng l\u1ea1i ho\u1ea1t \u0111\u1ed9ng giao d\u1ecbch \u0111\u1ea7u c\u01a1. M\u1ee5c ti\u00eau l\u00e0 gi\u1ea3m c\u00e1c kho\u1ea3n \u0111\u1eb7t c\u01b0\u1ee3c r\u1ee7i ro trong khi tr\u00e1nh g\u00e2y thi\u1ec7t h\u1ea1i cho h\u1ec7 th\u1ed1ng t\u00e0i ch\u00ednh r\u1ed9ng l\u1edbn h\u01a1n. Ngay c\u1ea3 v\u1edbi nh\u1eefng r\u00e0o c\u1ea3n n\u00e0y, ng\u01b0\u1eddi \u1ea4n \u0110\u1ed9 n\u1eafm gi\u1eef kho\u1ea3ng 4,5 t\u1ef7 \u0111\u00f4 la ti\u1ec1n \u0111i\u1ec7n t\u1eed. Con s\u1ed1 n\u00e0y cho th\u1ea5y s\u1ef1 quan t\u00e2m ng\u00e0y c\u00e0ng t\u0103ng nh\u01b0ng v\u1eabn c\u00f2n nh\u1ecf so v\u1edbi n\u1ec1n kinh t\u1ebf t\u1ed5ng th\u1ec3 c\u1ee7a \u0111\u1ea5t n\u01b0\u1edbc. C\u00e1c nh\u00e0 qu\u1ea3n l\u00fd cho bi\u1ebft n\u00f3 ch\u01b0a g\u00e2y ra r\u1ee7i ro h\u1ec7 th\u1ed1ng cho s\u1ef1 \u1ed5n \u0111\u1ecbnh t\u00e0i ch\u00ednh.<\/p>\n\n
H\u00e0nh \u0111\u1ed9ng to\u00e0n c\u1ea7u c\u0169ng \u0111\u1ecbnh h\u00ecnh ch\u00ednh s\u00e1ch c\u1ee7a \u1ea4n \u0110\u1ed9. Quy\u1ebft \u0111\u1ecbnh c\u1ee7a Hoa K\u1ef3 v\u1ec1 vi\u1ec7c \u0111i\u1ec1u ch\u1ec9nh stablecoin c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn c\u1ea3 c\u00e1c n\u1ec1n kinh t\u1ebf ti\u00ean ti\u1ebfn v\u00e0 c\u00e1c n\u1ec1n kinh t\u1ebf m\u1edbi n\u1ed5i nh\u01b0 \u1ea4n \u0110\u1ed9. Khi stablecoin ng\u00e0y c\u00e0ng ph\u1ed5 bi\u1ebfn, t\u00e1c \u0111\u1ed9ng c\u1ee7a ch\u00fang \u0111\u1ed1i v\u1edbi h\u1ec7 th\u1ed1ng thanh to\u00e1n v\u00e0 n\u1ec1n kinh t\u1ebf s\u1ebd t\u0103ng l\u00ean. \u1ea4n \u0110\u1ed9 c\u1ea7n \u0111\u00e1nh gi\u00e1 c\u1ea9n th\u1eadn m\u1ee9c \u0111\u1ed9 stablecoin c\u00f3 th\u1ec3 \u1ea3nh h\u01b0\u1edfng \u0111\u1ebfn an ninh t\u00e0i ch\u00ednh v\u00e0 x\u01b0\u01a1ng s\u1ed1ng thanh to\u00e1n qu\u1ed1c gia c\u1ee7a m\u00ecnh. C\u00e1c qu\u1ed1c gia kh\u00e1c nhau \u0111ang \u0111i theo nh\u1eefng con \u0111\u01b0\u1eddng kh\u00e1c nhau. Trong khi Hoa K\u1ef3 \u0111ang h\u01b0\u1edbng t\u1edbi c\u00e1c quy t\u1eafc ch\u00ednh th\u1ee9c h\u01a1n, \u1ea4n \u0110\u1ed9 mu\u1ed1n ch\u1edd xem nh\u1eefng quy t\u1eafc n\u00e0y s\u1ebd di\u1ec5n ra nh\u01b0 th\u1ebf n\u00e0o tr\u01b0\u1edbc khi quy\u1ebft \u0111\u1ecbnh v\u1ec1 khu\u00f4n kh\u1ed5 c\u1ee7a ri\u00eang m\u00ecnh.<\/p>\n\n
C\u00e1ch ti\u1ebfp c\u1eadn ch\u1edd xem n\u00e0y c\u00f3 m\u1ed9t l\u1ecbch s\u1eed. Quay l\u1ea1i n\u0103m 2021, \u1ea4n \u0110\u1ed9 \u0111\u00e3 chu\u1ea9n b\u1ecb m\u1ed9t d\u1ef1 lu\u1eadt c\u1ea5m ti\u1ec1n \u0111i\u1ec7n t\u1eed t\u01b0 nh\u00e2n, nh\u01b0ng \u0111\u00e3 ch\u1ecdn kh\u00f4ng th\u00f4ng qua n\u00f3. Trong nhi\u1ec7m k\u1ef3 ch\u1ee7 t\u1ecbch G20 v\u00e0o n\u0103m 2023, \u1ea4n \u0110\u1ed9 \u0111\u00e3 k\u00eau g\u1ecdi m\u1ed9t khu\u00f4n kh\u1ed5 to\u00e0n c\u1ea7u \u0111\u1ec3 \u0111i\u1ec1u ch\u1ec9nh t\u00e0i s\u1ea3n \u1ea3o. V\u00e0o n\u0103m 2024, ch\u00ednh ph\u1ee7 \u0111\u00e3 l\u00ean k\u1ebf ho\u1ea1ch c\u00f4ng b\u1ed1 m\u1ed9t b\u00e0i th\u1ea3o lu\u1eadn v\u1ec1 quy \u0111\u1ecbnh ti\u1ec1n \u0111i\u1ec7n t\u1eed nh\u01b0ng \u0111\u00e3 quy\u1ebft \u0111\u1ecbnh ho\u00e3n l\u1ea1i. C\u00e1c quan ch\u1ee9c mu\u1ed1n xem th\u00eam s\u1ef1 r\u00f5 r\u00e0ng t\u1eeb Hoa K\u1ef3 v\u00e0 c\u00e1c n\u1ec1n kinh t\u1ebf h\u00e0ng \u0111\u1ea7u kh\u00e1c tr\u01b0\u1edbc khi \u0111\u01b0a ra quy\u1ebft \u0111\u1ecbnh trong n\u01b0\u1edbc.<\/p>\n\n
RBI v\u00e0 b\u1ed9 t\u00e0i ch\u00ednh li\u00ean bang ch\u01b0a \u0111\u01b0a ra b\u00ecnh lu\u1eadn c\u00f4ng khai v\u1ec1 c\u00e1c k\u1ebf ho\u1ea1ch n\u00e0y. Tuy nhi\u00ean, gi\u1ecdng \u0111i\u1ec7u th\u1eadn tr\u1ecdng c\u1ee7a ch\u00ednh ph\u1ee7 l\u00e0 r\u00f5 r\u00e0ng. \u1ea4n \u0110\u1ed9 kh\u00f4ng v\u1ed9i v\u00e0ng trong vi\u1ec7c qu\u1ea3n l\u00fd ti\u1ec1n \u0111i\u1ec7n t\u1eed. N\u00f3 \u0111ang c\u00e2n b\u1eb1ng r\u1ee7i ro c\u1ee7a vi\u1ec7c \u00e1p d\u1ee5ng ti\u1ec1n \u0111i\u1ec7n t\u1eed v\u1edbi s\u1ef1 \u1ed5n \u0111\u1ecbnh c\u1ee7a h\u1ec7 th\u1ed1ng t\u00e0i ch\u00ednh c\u1ee7a m\u00ecnh. B\u1eb1ng c\u00e1ch t\u1eadp trung v\u00e0o s\u1ef1 gi\u00e1m s\u00e1t h\u1ea1n ch\u1ebf, ki\u1ec3m tra nghi\u00eam ng\u1eb7t c\u00e1c s\u00e0n giao d\u1ecbch v\u00e0 thu\u1ebf cao \u0111\u1ed1i v\u1edbi l\u1ee3i nhu\u1eadn, \u1ea4n \u0110\u1ed9 \u0111ang c\u1ed1 g\u1eafng ng\u0103n ch\u1eb7n c\u00e1c r\u1ee7i ro h\u1ec7 th\u1ed1ng trong khi v\u1eabn gi\u1eef cho m\u1ea1ng l\u01b0\u1edbi thanh to\u00e1n c\u1ee7a m\u00ecnh m\u1ea1nh m\u1ebd. Chi\u1ebfn l\u01b0\u1ee3c n\u00e0y cho th\u1ea5y \u1ea4n \u0110\u1ed9 kh\u00e1c v\u1edbi c\u00e1c qu\u1ed1c gia nh\u01b0 Nh\u1eadt B\u1ea3n, \u00dac, Trung Qu\u1ed1c v\u00e0 Hoa K\u1ef3, m\u1ed7i qu\u1ed1c gia \u0111ang th\u1eed nghi\u1ec7m c\u00e1c c\u00e1ch kh\u00e1c nhau \u0111\u1ec3 x\u1eed l\u00fd th\u1ebf gi\u1edbi t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1 v\u00e0 stablecoin \u0111ang ph\u00e1t tri\u1ec3n nhanh ch\u00f3ng.<\/p>","protected":false},"excerpt":{"rendered":"
\u1ea4n \u0110\u1ed9 \u0111ang \u0111i theo m\u1ed9t con \u0111\u01b0\u1eddng th\u1eadn tr\u1ecdng khi n\u00f3i \u0111\u1ebfn ti\u1ec1n \u0111i\u1ec7n t\u1eed v\u00e0 t\u00e0i s\u1ea3n k\u1ef9 thu\u1eadt s\u1ed1. Thay v\u00ec ban h\u00e0nh c\u00e1c lu\u1eadt m\u1ea1nh m\u1ebd…<\/p>\n","protected":false},"author":4,"featured_media":2180,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-2179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stablecoins"],"_links":{"self":[{"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/posts\/2179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/comments?post=2179"}],"version-history":[{"count":1,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/posts\/2179\/revisions"}],"predecessor-version":[{"id":2181,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/posts\/2179\/revisions\/2181"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/media\/2180"}],"wp:attachment":[{"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/media?parent=2179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/categories?post=2179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinnewscrypto.com\/vi\/wp-json\/wp\/v2\/tags?post=2179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}