BlackRock s&#7869; ra m&#7855;t qu&#7929; th&#7883; tr&#432;&#7901;ng ti&#7873;n t&#7879; tu&acirc;n th&#7911; &#272;&#7841;o lu&#7853;t GENIUS &#273;&#7875; l&#432;u k&yacute; d&#7921; tr&#7919; stablecoin, cung c&#7845;p c&aacute;c gi&#7843;i ph&aacute;p &#273;&#7841;t chu&#7849;n quy &#273;&#7883;nh cho c&aacute;c nh&agrave; ph&aacute;t h&agrave;nh crypto h&agrave;ng &#273;&#7847;u. Vi&#7879;c ra m&#7855;t n&agrave;y &#273;&aacute;nh d&#7845;u s&#7921; chuy&#7875;n d&#7883;ch c&#7911;a c&aacute;c t&#7893; ch&#7913;c h&#432;&#7899;ng t&#7899;i c&#417; s&#7903; h&#7841; t&#7847;ng crypto t&#7853;p trung v&agrave;o tu&acirc;n th&#7911;.
S&aacute;ng ki&#7871;n n&agrave;y xu&#7845;t hi&#7879;n khi m&#7897;t lu&#7853;t m&#7899;i c&#7911;a M&#7929; thay &#273;&#7893;i quy &#273;&#7883;nh v&#7873; stablecoin. C&aacute;c c&ocirc;ng ty l&#7899;n trong ng&agrave;nh c&oacute; th&#7875; h&#432;&#7903;ng l&#7907;i t&#7915; vi&#7879;c l&#432;u k&yacute; minh b&#7841;ch v&agrave; c&#7843;i thi&#7879;n khi tu&acirc;n th&#7911; tr&#7903; n&ecirc;n quan tr&#7885;ng h&#417;n trong quy &#273;&#7883;nh t&agrave;i s&#7843;n k&#7929; thu&#7853;t s&#7889;.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-regulation-drives-crypto-market-change">Quy &#273;&#7883;nh th&uacute;c &#273;&#7849;y thay &#273;&#7893;i th&#7883; tr&#432;&#7901;ng crypto</h2>

Theo m&#7897;t <a href="https://www.cnbc.com/2025/10/16/blackrocks-crypto-push-deepens-with-a-retooled-product-to-serve-stablecoin-issuers.html" target="_blank" rel="noreferrer noopener nofollow">b&aacute;o c&aacute;o</a> c&#7911;a CNBC, BlackRock, m&#7897;t trong nh&#7919;ng nh&agrave; qu&#7843;n l&yacute; t&agrave;i s&#7843;n l&#7899;n nh&#7845;t th&#7871; gi&#7899;i, &#273;ang ra m&#7855;t qu&#7929; th&#7883; tr&#432;&#7901;ng ti&#7873;n t&#7879; tu&acirc;n th&#7911; &#272;&#7841;o lu&#7853;t GENIUS &#273;&#7875; qu&#7843;n l&yacute; d&#7921; tr&#7919; stablecoin. Vi&#7879;c ra m&#7855;t d&#7921; ki&#7871;n v&agrave;o th&#7913; N&#259;m.
N&#7895; l&#7921;c n&agrave;y s&#7869; &#273;&#417;n gi&#7843;n h&oacute;a c&aacute;ch c&aacute;c c&ocirc;ng ty stablecoin, bao g&#7891;m Circle v&agrave; Tether, qu&#7843;n l&yacute; d&#7921; tr&#7919; h&#7895; tr&#7907; c&aacute;c token neo gi&aacute; USD c&#7911;a h&#7885;.
&#272;&#7841;o lu&#7853;t GENIUS, &#273;&#432;&#7907;c k&yacute; th&agrave;nh lu&#7853;t t&#7841;i M&#7929; v&agrave;o th&aacute;ng 07/2025, y&ecirc;u c&#7847;u stablecoin ph&#7843;i &#273;&#432;&#7907;c h&#7895; tr&#7907; 1:1 b&#7857;ng ti&#7873;n m&#7863;t ho&#7863;c Tr&aacute;i phi&#7871;u ng&#7855;n h&#7841;n v&agrave; b&#7855;t bu&#7897;c ki&#7875;m to&aacute;n h&agrave;ng th&aacute;ng b&#7903;i b&ecirc;n th&#7913; ba, nh&#432; &#273;&#432;&#7907;c n&ecirc;u trong <a href="https://www.sec.gov/newsroom/speeches-statements/atkins-digital-finance-revolution-073125" target="_blank" rel="noopener">tuy&ecirc;n b&#7889; ch&iacute;nh th&#7913;c c&#7911;a SEC</a>. C&aacute;c ti&ecirc;u chu&#7849;n n&agrave;y t&#259;ng c&#432;&#7901;ng t&iacute;nh minh b&#7841;ch trong ho&#7841;t &#273;&#7897;ng, gia t&#259;ng nhu c&#7847;u v&#7873; c&aacute;c gi&#7843;i ph&aacute;p &#273;&#7841;t chu&#7849;n t&#7893; ch&#7913;c trong s&#7889; c&aacute;c nh&agrave; ph&aacute;t h&agrave;nh stablecoin h&agrave;ng &#273;&#7847;u.
V&#7899;i th&#7883; tr&#432;&#7901;ng stablecoin hi&#7879;n c&oacute; gi&aacute; tr&#7883; 266 t&#7927; USD v&agrave; c&aacute;c nh&agrave; ph&aacute;t h&agrave;nh n&#7855;m gi&#7919; h&#417;n 120 t&#7927; USD trong Tr&aacute;i phi&#7871;u, quy m&ocirc; l&agrave; r&#7845;t l&#7899;n.

BlackRock mở rộng đầu tư vào thị trường crypto với quỹ dự trữ stablecoin mới