{"id":3733,"date":"2025-07-26T11:01:18","date_gmt":"2025-07-26T03:01:18","guid":{"rendered":"https:\/\/theexchain.com\/u-s-digital-asset-market-clarity-act-advances-key-provisions-and-implications-for-defi\/"},"modified":"2025-07-26T11:01:18","modified_gmt":"2025-07-26T03:01:18","slug":"%e7%b1%b3%e5%9b%bd%e3%83%87%e3%82%b8%e3%82%bf%e3%83%ab%e8%b3%87%e7%94%a3%e5%b8%82%e5%a0%b4%e6%98%8e%e7%a2%ba%e5%8c%96%e6%b3%95%e3%81%ae%e4%b8%bb%e8%a6%81%e6%9d%a1%e9%a0%85%e3%81%a8%e5%ae%9a%e7%be%a9","status":"publish","type":"post","link":"https:\/\/theexchain.com\/ja\/%e7%b1%b3%e5%9b%bd%e3%83%87%e3%82%b8%e3%82%bf%e3%83%ab%e8%b3%87%e7%94%a3%e5%b8%82%e5%a0%b4%e6%98%8e%e7%a2%ba%e5%8c%96%e6%b3%95%e3%81%ae%e4%b8%bb%e8%a6%81%e6%9d%a1%e9%a0%85%e3%81%a8%e5%ae%9a%e7%be%a9\/","title":{"rendered":"\u7c73\u56fd\u30c7\u30b8\u30bf\u30eb\u8cc7\u7523\u5e02\u5834\u660e\u78ba\u5316\u6cd5\u304c\u524d\u9032\uff1a\u4e3b\u8981\u6761\u9805\u3068DeFi\u3078\u306e\u5f71\u97ff"},"content":{"rendered":"<p>\u30c7\u30b8\u30bf\u30eb\u8cc7\u7523\u306e\u5305\u62ec\u7684\u306a\u898f\u5236\u67a0\u7d44\u307f\u3092\u78ba\u7acb\u3059\u308b\u305f\u3081\u306e\u6975\u3081\u3066\u91cd\u8981\u306a\u7acb\u6cd5\u6848\u3067\u3042\u308b\u30c7\u30b8\u30bf\u30eb\u8cc7\u7523\u5e02\u5834\u660e\u78ba\u5316\u6cd5\uff08CLARITY Act\u3001H.R. 3633\uff09\u306f\u3001\u8d85\u515a\u6d3e\u306e\u5f37\u529b\u306a\u652f\u6301\u3092\u5f97\u3066\u4e0b\u9662\u3092\u901a\u904e\u3057\u3001\u73fe\u5728\u306f\u4e0a\u9662\u3067\u306e\u5be9\u8b70\u306b\u79fb\u3063\u3066\u3044\u308b\u3002\u4e0a\u9662\u306f\u3001CLARITY\u6cd5\u3092\u571f\u53f0\u3068\u3057\u305f\u72ec\u81ea\u306e\u5e02\u5834\u69cb\u9020\u6848\u3092\u8d77\u8349\u4e2d\u3067\u3001\u5e74\u672b\u307e\u3067\u306b\u6cd5\u6848\u3092\u307e\u3068\u3081\u308b\u3053\u3068\u3092\u76ee\u6307\u3057\u3066\u3044\u308b\u3002<\/p>\n<p>\u3053\u306e\u9032\u5c55\u306f\u3001\u7c73\u56fd\u521d\u306e\u9023\u90a6\u5b89\u5b9a\u30b3\u30a4\u30f3\u6cd5\u3067\u3042\u308bGENIUS\u6cd5\u306e\u6700\u8fd1\u306e\u53ef\u6c7a\u306b\u7d9a\u304f\u3082\u306e\u3067\u3042\u308b\u3002GENIUS Act\u306f\u3001\u30b9\u30c6\u30fc\u30d6\u30eb\u30b3\u30a4\u30f3\u306e\u767a\u884c\u3068\u904b\u7528\u306b\u95a2\u3059\u308b\u57fa\u672c\u7684\u306a\u30eb\u30fc\u30eb\u3092\u63d0\u4f9b\u3059\u308b\u4e00\u65b9\u3067\u3001\u57fa\u76e4\u3068\u306a\u308b\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u30a4\u30f3\u30d5\u30e9\u30b9\u30c8\u30e9\u30af\u30c1\u30e3\u306b\u95a2\u3059\u308b\u91cd\u8981\u306a\u7591\u554f\u306f\u672a\u89e3\u6c7a\u306e\u307e\u307e\u3067\u3042\u308b\u3002CLARITY\u6cd5\u306f\u3001\u3053\u306e\u898f\u5236\u306e\u30ae\u30e3\u30c3\u30d7\u3092\u57cb\u3081\u308b\u3053\u3068\u3092\u76ee\u7684\u3068\u3057\u3066\u3044\u307e\u3059\uff1a<\/p>\n<p>1.\u30c7\u30b8\u30bf\u30eb\u8cc7\u7523\u306e\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u304a\u3088\u3073\u5546\u54c1\u5206\u985e\u57fa\u6e96\u306e\u5b9a\u7fa9<br \/>\n2.SEC\u3068CFTC\u306e\u7ba1\u8f44\u5883\u754c\u306e\u660e\u78ba\u5316<br \/>\n3.\u5dee\u5225\u5316\u3055\u308c\u305f\u898f\u5236\u306e\u305f\u3081\u306e\u300c\u5730\u65b9\u5206\u6a29\u6210\u719f\u30d5\u30ec\u30fc\u30e0\u30ef\u30fc\u30af\u300d\u306e\u78ba\u7acb<br \/>\n4.\u5b89\u5b9a\u30b3\u30a4\u30f3\u3092\u30b5\u30dd\u30fc\u30c8\u3059\u308b\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u306e\u305f\u3081\u306e\u30b3\u30f3\u30d7\u30e9\u30a4\u30a2\u30f3\u30b9\u7d4c\u8def\u306e\u69cb\u7bc9<\/p>\n<p>\u4e2d\u592e\u96c6\u6a29\u7684\u306a\u4ef2\u4ecb\u8005\uff08\u53d6\u5f15\u6240\u3001\u30d6\u30ed\u30fc\u30ab\u30fc\uff09\u306fKYC\/AML\u306e\u9075\u5b88\u3092\u542b\u3080\u53b3\u3057\u3044\u8981\u4ef6\u306b\u76f4\u9762\u3059\u308b\u4e00\u65b9\u3001\u771f\u306b\u5206\u6563\u5316\u3055\u308c\u305f\u30d7\u30ed\u30c8\u30b3\u30eb\u306f\u898f\u5236\u306e\u9069\u7528\u9664\u5916\u306e\u8cc7\u683c\u3092\u5f97\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002\u6cd5\u6848\u306e \"\u30b3\u30f3\u30c8\u30ed\u30fc\u30eb\u30fb\u30d9\u30fc\u30b9 \"\u306e\u30ac\u30d0\u30ca\u30f3\u30b9\u8a55\u4fa1\u3067\u306f\u3001\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u30fb\u30c1\u30fc\u30e0\u304c\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u3084\u8cc7\u7523\u306b\u5bfe\u3059\u308b\u6c7a\u5b9a\u7684\u306a\u5f71\u97ff\u529b\u3092\u4fdd\u6301\u3057\u3066\u3044\u308b\u304b\u3069\u3046\u304b\u304c\u691c\u8a0e\u3055\u308c\u308b\u3002<\/p>\n<p>DeFi\u3068\u30bb\u30eb\u30d5\u30fb\u30ab\u30b9\u30c8\u30c7\u30a3\u30fb\u30bd\u30ea\u30e5\u30fc\u30b7\u30e7\u30f3\u306b\u3064\u3044\u3066\u306f\u3001CLARITY\u6cd5\u304c\u91cd\u8981\u306a\u6cd5\u7684\u533a\u5225\u3092\u63d0\u4f9b\u3057\u3066\u3044\u308b\uff1a<\/p>\n<p>- \u4ef2\u4ecb\u8005\u306e\u5f79\u5272\u3092\u56de\u907f\u3059\u308bDeFi\u30d7\u30ed\u30c8\u30b3\u30eb\u306f\u3001\u5f93\u6765\u306e\u53d6\u5f15\u6240\u898f\u5236\u3092\u56de\u907f\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002<br \/>\n- \u30e6\u30fc\u30b6\u30fc\u306e\u8cc7\u7523\u7ba1\u7406\u3092\u7dad\u6301\u3059\u308b\u975e\u4fdd\u7ba1\u30c4\u30fc\u30eb\u306f\u660e\u793a\u7684\u306a\u514d\u9664\u3092\u53d7\u3051\u308b<br \/>\n- \u3053\u306e\u30d5\u30ec\u30fc\u30e0\u30ef\u30fc\u30af\u306f\u3001\u5206\u96e2\u3055\u308c\u305f\u6a5f\u80fd\u3092\u901a\u3058\u3066\u3001\u30b3\u30f3\u30d7\u30e9\u30a4\u30a2\u30f3\u30b9\u306b\u6e96\u62e0\u3057\u305f\u30d7\u30ed\u30b0\u30e9\u30de\u30d6\u30eb\u30fb\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u3092\u53ef\u80fd\u306b\u3059\u308b\u3002<\/p>\n<p>\u696d\u754c\u30a2\u30ca\u30ea\u30b9\u30c8\u306f\u3001GENIUS\u6cd5\u3068CLARITY\u6cd5\u304c\u4e00\u4f53\u3068\u306a\u3063\u3066\u3001\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u91d1\u878d\u306e\u305f\u3081\u306e\u898f\u5236\u300c\u30af\u30ed\u30fc\u30ba\u30c9\u30fb\u30eb\u30fc\u30d7\u300d\u3092\u5f62\u6210\u3059\u308b\u53ef\u80fd\u6027\u3092\u793a\u5506\u3057\u3066\u3044\u308b\u3002\u5236\u5b9a\u3055\u308c\u308c\u3070\u3001\u3053\u306e\u4e8c\u91cd\u306e\u67a0\u7d44\u307f\u306f\u30011933\u5e74\u8a3c\u5238\u6cd5\u304c\u4f1d\u7d71\u7684\u8cc7\u672c\u5e02\u5834\u306b\u4e0e\u3048\u305f\u5f71\u97ff\u306b\u5339\u6575\u3059\u308b\u3001\u30c7\u30b8\u30bf\u30eb\u8cc7\u7523\u5e02\u5834\u306e\u57fa\u790e\u7684\u30eb\u30fc\u30eb\u3092\u78ba\u7acb\u3059\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3002<\/p>\n<p>\u30c8\u30fc\u30af\u30f3\u5316\u3055\u308c\u305f\u8a3c\u5238\u306b\u95a2\u3059\u308b\u672a\u89e3\u6c7a\u306e\u7591\u554f\u3084\u3001\u5dde\u30ec\u30d9\u30eb\u3067\u306e\u898f\u5236\u306e\u5bfe\u7acb\u306e\u53ef\u80fd\u6027\u306a\u3069\u3001\u5b9f\u65bd\u306b\u306f\u8ab2\u984c\u304c\u6b8b\u3063\u3066\u3044\u308b\u3002\u4e0a\u9662\u304c\u4eca\u5f8c\u767a\u8868\u3059\u308b\u6539\u6b63\u6848\u3068\u305d\u306e\u5f8c\u306e\u653f\u5e9c\u6a5f\u95a2\u306e\u30ac\u30a4\u30c0\u30f3\u30b9\u304c\u3001\u7c73\u56fd\u306b\u304a\u3051\u308b\u30d6\u30ed\u30c3\u30af\u30c1\u30a7\u30fc\u30f3\u30fb\u30a4\u30ce\u30d9\u30fc\u30b7\u30e7\u30f3\u306e\u6700\u7d42\u7684\u306a\u898f\u5236\u72b6\u6cc1\u3092\u6c7a\u5b9a\u3059\u308b\u3053\u3068\u306b\u306a\u308b\u3002<\/p>","protected":false},"excerpt":{"rendered":"<p>The Digital Asset Market Clarity Act (CLARITY Act, H.R. 3633), a pivotal U.S. legislative proposal to establish a comprehensive regulatory framework for digital assets, has cleared the House of Representatives with strong bipartisan support and now moves to Senate deliberation. The Senate is drafting its own market structure proposal using the CLARITY Act as its foundation, with the aim of finalizing legislation by year-end. This development follows the recent passage of the GENIUS Act, America&#8217;s first federal stablecoin law. While the GENIUS Act provides foundational rules for stablecoin issuance and operation, it leaves unaddressed critical questions regarding the underlying blockchain infrastructure. The CLARITY Act seeks to fill this regulatory gap [&hellip;]<\/p>","protected":false},"author":1,"featured_media":3732,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[35],"tags":[],"class_list":["post-3733","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insight"],"_links":{"self":[{"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/posts\/3733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/comments?post=3733"}],"version-history":[{"count":0,"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/posts\/3733\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/media\/3732"}],"wp:attachment":[{"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/media?parent=3733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/categories?post=3733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theexchain.com\/ja\/wp-json\/wp\/v2\/tags?post=3733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}