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\u900f\u660e\u5ea6\u8207\u5b89\u5168\u6027\u512a\u52e2<\/h3>\n

\u5340\u584a\u93c8\u4ea4\u6613\u7684\u900f\u660e\u6027\u6e1b\u5c11\u4e86\u6b3a\u8a50\uff0c\u4e26\u5efa\u7acb\u4e86\u5404\u65b9\u4e4b\u9593\u7684\u4fe1\u4efb\u3002\u5118\u7ba1\u52a0\u5bc6\u8ca8\u5e63\u4ea4\u6613\u6240\u66fe\u906d\u9047\u5099\u53d7\u95dc\u6ce8\u7684\u6f0f\u6d1e\uff0c\u4f46\u57fa\u790e\u5340\u584a\u93c8\u6280\u8853\u5df2\u88ab\u8b49\u660e\u975e\u5e38\u5b89\u5168\u3002\u9019\u7a2e\u900f\u660e\u5ea6\u548c\u5b89\u5168\u6027\u5c0d\u5c0b\u6c42\u6e1b\u5c11\u8a50\u9a19\u548c\u71df\u904b\u98a8\u96aa\u7684\u4f01\u696d\u3001\u653f\u5e9c\u548c\u91d1\u878d\u6a5f\u69cb\u5f88\u6709\u5438\u5f15\u529b\u3002<\/p>\n

\u65b0\u7684\u6536\u5165\u4f86\u6e90\u548c\u7372\u53d6\u5ba2\u6236<\/h3>\n

\u52a0\u5bc6\u8ca8\u5e63\u670d\u52d9\u5df2\u6210\u70ba\u5f37\u5927\u7684\u7372\u5ba2\u5de5\u5177\uff0c\u5c24\u5176\u662f\u5728\u5e74\u8f15\u65cf\u7fa4\u4e2d\u3002\u63d0\u4f9b\u52a0\u5bc6\u8ca8\u5e63\u670d\u52d9\u7684\u9280\u884c\u8868\u793a\uff0c\u4f7f\u7528\u9019\u4e9b\u529f\u80fd\u7684\u7528\u6236\u7684\u53c3\u8207\u7a0b\u5ea6\u548c\u4e3b\u8981\u95dc\u4fc2\u72c0\u614b\u90fd\u986f\u8457\u63d0\u9ad8\u3002\u6b64\u5916\uff0c\u52a0\u5bc6\u8ca8\u5e63\u670d\u52d9\u900f\u904e\u4ea4\u6613\u8cbb\u7528\u3001\u8a17\u7ba1\u670d\u52d9\u548c\u8cb8\u6b3e\u6d3b\u52d5\u7684\u5229\u606f\u6536\u5165\u5275\u9020\u4e86\u65b0\u7684\u6536\u5165\u4f86\u6e90\u3002<\/p>\n

\u50b3\u7d71\u9280\u884c\u5982\u4f55\u8abf\u6574<\/h2>\n

\u9280\u884c\u8655\u7406\u6578\u4f4d\u8cc7\u7522\u7684\u65b9\u5f0f\u6b63\u7d93\u6b77\u6839\u672c\u6027\u7684\u8f49\u8b8a\u3002\u4e00\u958b\u59cb\u7684\u9632\u79a6\u6027\u5be6\u9a57\u5df2\u6f14\u8b8a\u70ba\u7b56\u7565\u6027\u7684\u512a\u5148\u9805\u76ee\u3002<\/p>\n

\u958b\u767c\u52a0\u5bc6\u57fa\u790e\u8a2d\u65bd<\/h3>\n

\u5927\u578b\u91d1\u878d\u6a5f\u69cb\u6b63\u5927\u529b\u6295\u8cc7\u65bc\u5340\u584a\u93c8\u6280\u8853\u548c\u6578\u4f4d\u9322\u5305\u670d\u52d9\u3002\u6469\u6839\u5927\u901a\uff08JPMorgan\uff09\u3001\u7d10\u7d04\u6885\u9686\u9280\u884c\uff08BNY Mellon\uff09\u548c\u7f8e\u570b\u9280\u884c\uff08US Bank\uff09\u73fe\u5728\u63d0\u4f9b\u52a0\u5bc6\u8ca8\u5e63\u8a17\u7ba1\u670d\u52d9\uff0c\u800c Revolut \u548c N26 \u7b49\u65b0\u9280\u884c\u5df2\u5c07\u52a0\u5bc6\u8ca8\u5e63\u4ea4\u6613\u6574\u5408\u5230\u5176\u5e73\u53f0\u4e2d\u3002\u9019\u4e9b\u767c\u5c55\u4ee3\u8868\u4e86\u8cc7\u91d1\u548c\u5c08\u696d\u77e5\u8b58\u7684\u91cd\u5927\u627f\u8afe\uff0c\u4ee5\u5efa\u7acb\u66f4\u5ee3\u6cdb\u7684\u52a0\u5bc6\u8ca8\u5e63\u6574\u5408\u6240\u9700\u7684\u57fa\u790e\u8a2d\u65bd\u3002<\/p>\n

\u8207\u91d1\u878d\u79d1\u6280\u516c\u53f8\u7684\u7b56\u7565\u5925\u4f34\u95dc\u4fc2<\/h3>\n

\u9280\u884c\u8d8a\u4f86\u8d8a\u591a\u5730\u8207\u91d1\u878d\u79d1\u6280\u516c\u53f8\u5408\u4f5c\uff0c\u4ee5\u52a0\u5f37\u5176\u52a0\u5bc6\u8ca8\u5e63\u7522\u54c1\u3002\u9019\u4e9b\u5408\u4f5c\u8b93\u50b3\u7d71\u6a5f\u69cb\u80fd\u5920\u5229\u7528\u5c08\u696d\u77e5\u8b58\uff0c\u540c\u6642\u5c08\u6ce8\u65bc\u76e3\u7ba1\u3001\u5408\u898f\u548c\u5ba2\u6236\u4fe1\u4efb\u7b49\u6838\u5fc3\u512a\u52e2\u3002\u8001\u724c\u9280\u884c\u8207\u9748\u6d3b\u7684\u91d1\u878d\u79d1\u6280\u516c\u53f8\u4e4b\u9593\u7684\u5354\u540c\u6548\u61c9\u6b63\u5728\u52a0\u901f\u52a0\u5bc6\u91d1\u878d\u7522\u54c1\u7684\u5275\u65b0\u6b65\u4f10\u3002<\/p>\n

\u91cd\u65b0\u601d\u8003\u98a8\u96aa\u7ba1\u7406\u67b6\u69cb<\/h3>\n

\u52a0\u5bc6\u8ca8\u5e63\u7684\u6ce2\u52d5\u6027\u548c\u7368\u7279\u6027\u8feb\u4f7f\u9280\u884c\u958b\u767c\u65b0\u7684\u98a8\u96aa\u7ba1\u7406\u65b9\u6cd5\u3002\u5404\u6a5f\u69cb\u6b63\u5728\u5efa\u7acb\u7d50\u5408\u50b3\u7d71\u98a8\u96aa\u7ba1\u7406\u5c08\u696d\u77e5\u8b58\u548c\u5c0d\u52a0\u5bc6\u8ca8\u5e63\u5e02\u5834\u6df1\u523b\u7406\u89e3\u7684\u5c08\u696d\u5718\u968a\u3002\u9019\u7a2e\u6df7\u5408\u65b9\u6cd5\u5c0d\u65bc\u5c07\u9019\u7a2e\u6839\u672c\u4e0d\u540c\u7684\u8cc7\u7522\u985e\u5225\u4ee5\u8ca0\u8cac\u4efb\u7684\u65b9\u5f0f\u6574\u5408\u5230\u50b3\u7d71\u91d1\u878d\u9ad4\u7cfb\u4e2d\u81f3\u95dc\u91cd\u8981\u3002<\/p>\n

\u9081\u5411\u6574\u5408\u4e4b\u8def\u7684\u6311\u6230<\/h2>\n

\u5118\u7ba1\u5df2\u53d6\u5f97\u91cd\u5927\u9032\u5c55\uff0c\u4f46\u5728\u5be6\u73fe\u5168\u9762\u6574\u5408\u4e4b\u524d\uff0c\u4ecd\u6709\u8a31\u591a\u969c\u7919\u3002<\/p>\n

\u6cd5\u898f\u7684\u4e0d\u78ba\u5b9a\u6027<\/h3>\n

\u7f3a\u4e4f\u4e00\u81f4\u7684\u5168\u7403\u6cd5\u898f\u67b6\u69cb\u9020\u6210\u6cd5\u898f\u9075\u5faa\u7684\u8907\u96dc\u6027\u548c\u4f5c\u696d\u4e0a\u7684\u6311\u6230\u3002\u7531\u65bc\u5404\u53f8\u6cd5\u7ba1\u8f44\u5340\u7684\u6cd5\u898f\u4e0d\u65b7\u6f14\u8b8a\uff0c\u91d1\u878d\u6a5f\u69cb\u9762\u81e8\u4e0d\u78ba\u5b9a\u6027\u3002\u96d6\u7136\u7f8e\u570b\u5df2\u7d93\u63a5\u53d7\u4e86 ETF \u7b49\u4e00\u4e9b\u52a0\u5bc6\u8ca8\u5e63\u7522\u54c1\uff0c\u4f46\u5176\u4ed6\u5730\u5340\u5c0d\u65bc\u52a0\u5bc6\u8ca8\u5e63\u4ea4\u6613\u7684\u6b63\u5f0f\u5316\u4ecd\u6301\u61f7\u7591\u614b\u5ea6\u3002\u9019\u7a2e\u76e3\u7ba1\u4e0a\u7684\u62fc\u6e4a\u589e\u52a0\u4e86\u5408\u898f\u6210\u672c\uff0c\u4e26\u70ba\u8de8\u570b\u7d93\u71df\u7684\u6a5f\u69cb\u5e36\u4f86\u4e86\u64cd\u4f5c\u4e0a\u7684\u8907\u96dc\u6027\u3002<\/p>\n

\u6ce2\u52d5\u6027\u7591\u616e<\/h3>\n

\u52a0\u5bc6\u8ca8\u5e63\u8457\u540d\u7684\u50f9\u683c\u6ce2\u52d5\u6027\u4f7f\u5f97\u6a5f\u69cb\u96e3\u4ee5\u4f9d\u8cf4\u6578\u4f4d\u8cc7\u7522\u4f86\u9032\u884c\u7a69\u5b9a\u7684\u65e5\u5e38\u71df\u904b\u6216\u9577\u671f\u898f\u5283\u3002\u96d6\u7136\u884d\u751f\u5de5\u5177\u548c\u7a69\u5b9a\u5e63\u63d0\u4f9b\u4e86\u4e00\u4e9b\u7de9\u89e3\u63aa\u65bd\uff0c\u4f46\u57fa\u672c\u7684\u6ce2\u52d5\u6027\u4ecd\u7136\u662f\u67d0\u4e9b\u4f7f\u7528\u500b\u6848\u7684\u969c\u7919\uff0c\u5c24\u5176\u662f\u5728\u4f01\u696d\u8ca1\u52d9\u7ba1\u7406\u548c\u652f\u4ed8\u7cfb\u7d71\u65b9\u9762\u3002<\/p>\n

\u5b89\u5168\u8207\u4fdd\u7ba1\u7684\u6311\u6230<\/h3>\n

\u5118\u7ba1\u5340\u584a\u93c8\u6280\u8853\u672c\u8eab\u662f\u5b89\u5168\u7684\uff0c\u4f46\u5176\u5468\u570d\u7684\u751f\u614b\u7cfb\u7d71 - \u4ea4\u6613\u6240\u3001\u9322\u5305\u548c\u6a4b\u6a11 - \u5df2\u88ab\u8b49\u660e\u5bb9\u6613\u53d7\u5230\u9ad8\u77e5\u540d\u5ea6\u7684\u653b\u64ca\u3002\u9019\u4e9b\u5b89\u5168\u7591\u616e\u8b93\u50b3\u7d71\u91d1\u878d\u516c\u53f8\u548c\u6d88\u8cbb\u8005\u4e0d\u6562\u5b8c\u5168\u4fe1\u4efb\u52a0\u5bc6\u8ca8\u5e63\u57fa\u790e\u67b6\u69cb\u3002\u958b\u767c\u6a5f\u69cb\u7b49\u7d1a\u7684\u8a17\u7ba1\u89e3\u6c7a\u65b9\u6848\u4ecd\u5728\u9032\u884c\u4e2d\u3002<\/p>\n

\u77e5\u8b58\u8207\u6587\u5316\u5dee\u8ddd<\/h3>\n

\u8a31\u591a\u91d1\u878d\u5c08\u696d\u4eba\u58eb\u548c\u6d88\u8cbb\u8005\u4ecd\u7136\u4e0d\u719f\u6089\u52a0\u5bc6\u8ca8\u5e63\u7684\u904b\u4f5c\u65b9\u5f0f\u3002\u5f4c\u88dc\u9019\u65b9\u9762\u7684\u77e5\u8b58\u5dee\u8ddd\u5c0d\u65bc\u5ee3\u6cdb\u63a1\u7528\u52a0\u5bc6\u8ca8\u5e63\u81f3\u95dc\u91cd\u8981\u3002\u91d1\u878d\u6a5f\u69cb\u5fc5\u9808\u5728\u6559\u80b2\u548c\u8b8a\u9769\u7ba1\u7406\u65b9\u9762\u5927\u91cf\u6295\u8cc7\uff0c\u4ee5\u514b\u670d\u5c0d\u65b0\u6280\u8853\u548c\u6d41\u7a0b\u7684\u6587\u5316\u963b\u529b\u3002<\/p>\n

\u52a0\u5bc6\u8ca8\u5e63\u8207\u50b3\u7d71\u91d1\u878d\u6574\u5408\u7684\u672a\u4f86<\/h2>\n

\u5404\u7a2e\u8de1\u8c61\u90fd\u986f\u793a\uff0c\u52a0\u5bc6\u8ca8\u5e63\u8207\u50b3\u7d71\u91d1\u878d\u9ad4\u7cfb\u7684\u878d\u5408\u5c07\u5728\u672a\u4f86\u5e7e\u5e74\u52a0\u901f\u3002\u6709\u5e7e\u500b\u8da8\u52e2\u6307\u51fa\u4e86\u9019\u7a2e\u878d\u5408\u7684\u672a\u4f86\u65b9\u5411\u3002<\/p>\n

\u4e2d\u592e\u9280\u884c\u6578\u4f4d\u8ca8\u5e63 (CBDC)<\/h3>\n

CBDC \u53ef\u80fd\u662f\u50b3\u7d71\u91d1\u878d\u6a5f\u69cb\u5c0d\u52a0\u5bc6\u8ca8\u5e63\u6280\u8853\u6700\u91cd\u8981\u7684\u9a57\u8b49\u3002\u9019\u4e9b\u7531\u4e2d\u592e\u9280\u884c\u767c\u884c\u7684\u6578\u4f4d\u8ca8\u5e63\u7d50\u5408\u4e86\u52a0\u5bc6\u8ca8\u5e63\u7684\u6548\u7387\u548c\u6cd5\u5b9a\u8ca8\u5e63\u7684\u7a69\u5b9a\u6027\u3002\u4e2d\u570b\u7684\u6578\u4f4d\u4eba\u6c11\u5e63\u8a66\u9a57\u548c\u6b50\u6d32\u592e\u884c\u5c0d\u6578\u4f4d\u6b50\u5143\u7684\u63a2\u7d22\uff0c\u986f\u793a\u4e86\u50b3\u7d71\u91d1\u878d\u6700\u9ad8\u5c64\u5c0d\u9019\u4e00\u6982\u5ff5\u7684\u8a8d\u771f\u627f\u8afe\u3002<\/p>\n

CBDCs \u53ef\u4ee5\u63d0\u4f9b\u570b\u5bb6\u652f\u6301\u7684\u6578\u4f4d\u8ca8\u5e63\u9078\u64c7\uff0c\u8207\u50b3\u7d71\u652f\u4ed8\u7cfb\u7d71\u548c\u79c1\u4eba\u52a0\u5bc6\u8ca8\u5e63\u7af6\u722d\uff0c\u5f9e\u6839\u672c\u4e0a\u91cd\u5851\u91d1\u878d\u683c\u5c40\u3002\u5b83\u5011\u7684\u767c\u5c55\u4ee3\u8868\u4e86\u5c0d\u52a0\u5bc6\u6311\u6230\u7684\u7b56\u7565\u6027\u56de\u61c9\uff0c\u5373\u7d50\u5408\u800c\u975e\u6392\u65a5\u6578\u4f4d\u8ca8\u5e63\u6280\u8853\u3002<\/p>\n

\u8cc7\u7522\u4ee3\u7528\u5e63\u5316\u9769\u547d<\/h3>\n

\u4ee3\u5e63\u5316 - \u5c07\u771f\u5be6\u4e16\u754c\u7684\u8cc7\u7522\u5728\u5340\u584a\u93c8\u4e0a\u4ee5\u6578\u4f4d\u4ee3\u5e63\u7684\u5f62\u5f0f\u5448\u73fe - \u53ef\u4ee5\u91cb\u653e\u76ee\u524d\u7f3a\u4e4f\u6d41\u52d5\u6027\u7684\u6578\u842c\u5104\u7f8e\u5143\u8cc7\u7522\u3002\u623f\u5730\u7522\u3001\u85dd\u8853\u54c1\u3001\u79c1\u52df\u80a1\u6b0a\uff0c\u751a\u81f3\u667a\u6167\u8ca1\u7522\uff0c\u90fd\u53ef\u4ee5\u900f\u904e\u4ee3\u5e63\u5316\u7684\u90e8\u5206\u6240\u6709\u6b0a\u8b8a\u5f97\u66f4\u5bb9\u6613\u53d6\u5f97\u3002<\/p>\n

\u9019\u7a2e\u767c\u5c55\u5c07\u6df1\u523b\u5730\u64f4\u5927\u5e02\u5834\uff0c\u5275\u9020\u65b0\u7684\u6295\u8cc7\u6a5f\u6703\uff0c\u540c\u6642\u5229\u7528\u5340\u584a\u93c8\u7684\u6548\u7387\u512a\u52e2\u3002\u50b3\u7d71\u91d1\u878d\u6a5f\u69cb\u6b63\u9010\u6f38\u63a2\u7d22\u4ee3\u5e63\u5316\uff0c\u5c07\u5176\u8996\u70ba\u9632\u79a6\u63aa\u65bd\u548c\u6210\u9577\u6a5f\u6703\u3002<\/p>\n

\u76e3\u7ba1\u6210\u719f\u5ea6<\/h3>\n

\u96a8\u8457\u63a1\u7528\u7684\u589e\u52a0\uff0c\u653f\u5e9c\u548c\u7522\u696d\u9818\u5c0e\u8005\u6b63\u5728\u52aa\u529b\u5efa\u7acb\u66f4\u7d71\u4e00\u7684\u76e3\u7ba1\u6846\u67b6\u3002\u9019\u4e9b\u767c\u5c55\u5c07\u70ba\u50b3\u7d71\u91d1\u878d\u9ad4\u7cfb\u63d0\u4f9b\u6240\u9700\u7684\u6e05\u6670\u5ea6\u548c\u5b89\u5168\u6027\uff0c\u4ee5\u52a0\u5927\u5c0d\u52a0\u5bc6\u6280\u8853\u7684\u6295\u8cc7\u3002\u6b50\u76df\u7684\u52a0\u5bc6\u8cc7\u7522\u5e02\u5834\uff08Markets in Crypto-Assets\uff0cMiCA\uff09\u6cd5\u898f\u4ee3\u8868\u4e86\u9019\u7a2e\u5168\u9762\u52a0\u5bc6\u76e3\u7ba1\u8da8\u52e2\u7684\u65e9\u671f\u7bc4\u4f8b\u3002<\/p>\n

\u4eba\u5de5\u667a\u80fd\u8207\u5340\u584a\u93c8\u7684\u878d\u5408<\/h3>\n

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Crypto Meets Wall Street: The Inevitable Fusion of Digital and Traditional Finance The financial world is experiencing its most significant transformation in decades. What began as a quiet technological revolution in the shadowy corners of the internet has now emerged as a powerful force challenging and complementing traditional financial systems. The relationship between cryptocurrency and […]<\/p>","protected":false},"author":1,"featured_media":3894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-3895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-knowledge"],"_links":{"self":[{"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/posts\/3895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/comments?post=3895"}],"version-history":[{"count":0,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/posts\/3895\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/media\/3894"}],"wp:attachment":[{"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/media?parent=3895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/categories?post=3895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theexchain.com\/zh\/wp-json\/wp\/v2\/tags?post=3895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}