IiSenethi ziCebisa iBhili yokuValwa kweMidlalo yokuBhetha kwiiMarike zokuQikelela
IiSenethi ziCebisa iBhili yokuValwa kweMidlalo yokuBhetha kwiiMarike zokuQikelela
Umzamo obalulekileyo we-bipartisan uyaqhubeka kwi-Senate yase-US ukulawula ihlabathi elikhulayo leemarike zokuqikelela. USenator weDemocratic Alliance uAdam Schiff waseCalifornia kunye noSenator weRiphabhlikhi uJohn Curtis waseUtah bakhokela umthetho omtsha. Lo mthetho uyilwayo ujolise ekuthinteleni ngokucacileyo la maqonga ekunikezeni izivumelwano ezibotshelelwe kwimisitho yezemidlalo. Imele intshukumo yokuqala ethe ngqo yomanyano ukunqanda ukukhula okukhawulezayo kweenkampani ezinjengeKalshi kunye nePolymarket US. Amaziko engxoxo malunga nokuba ezi marike zizixhobo zokuqonda okanye izithuthi zokubheja kwezemidlalo ezingalawulwayo.
Ukuqonda uMthetho oCetywayo
Undoqo wesindululo sesenenja sisithintelo esicacileyo. Ifuna ukuthintela iiplatifti zentengiso yokuxela kwangaphambili kuluhlu, ukurhweba, okanye ukulungisa izivumelwano ezisekelwe kwiziphumo zemidlalo. Oku kubandakanya yonke into ukusuka kwiziphumo zomdlalo ukuya kwizibalo zomdlali kunye nemisitho yamabhaso.
I-Senators Schiff kunye noCurtis baphikisa ukuba ezi zivumelwano zisebenza ngokufana nokubheja kwezemidlalo. Bakholelwa ukuba le misebenzi kufuneka iwe phantsi kwemimiselo yongcakazo ekhoyo, hayi ukusebenza kwindawo engwevu esemthethweni. Lo mthetho uyilwayo uya kulungisa imithetho ekhoyo ngoku ukuvala oko bakubona njengekroba lolawulo.
Ukufumana uhlalutyo oluthe kratya kubadlali abaphambili kunye neempendulo zokuqala, unokufunda inqaku lethu elihambelanayo: Ibhili yeBipartisan ifuna ukuvala ukubheja kwezemidlalo kwiKalshi kunye nePolymarket.
Izibonelelo ezingundoqo zoMthetho osaYilwayo Umthetho uchaza izigunyaziso ezininzi ezikhethekileyo zamaqumrhu olawulo kunye nabaqhubi beqonga. Injongo yayo ephambili kukuzoba umgca oqaqambileyo phakathi kweemarike zolwazi lwezemali kunye nokungcakaza.
Isithintelo esicacileyo: Isithintelo somanyano kwiikontraka zeminyhadala ezinxulumene nemidlalo yokudlala. UGunyaziso oluLawulayo: Uyalela i-CFTC ukuba yale ukubhaliswa okanye ukunqumamisa ukubhaliswa kwamaqonga anikezela ngezivumelwano ezinjalo. Ingcaciso esemthethweni: Ijolise ekulungiseni ingxoxo eqhubekayo malunga nokuba ezi zivumelwano "ziyimidlalo" okanye zizixhobo zemali ezisemthethweni.
Ukunyuka kweeMarike zokuQikelela: ukuQala izinto ezintsha okanye iLophole? Iimarike zokuqikelela ezifana neKalshi kunye nePolymarket ziye zafumana udumo olukhulu. Bavumela abasebenzisi ukuba bathenge kwaye bathengise izabelo malunga neziganeko zexesha elizayo, ukusuka kunyulo ukuya kwizikhombisi zezoqoqosho. Ingxabano isuka xa ezi ziganeko zinento yokwenza nemidlalo.
Abaxhasi bajonga la maqonga njengezixhobo ezintsha zokuhlanganisa ubukrelekrele obuhlangeneyo. Bathi amaxabiso abonisa “ubulumko besihlwele,” enikela uqikelelo oluxabisekileyo. Ukuvalwa kwezivumelwano zemidlalo, bathi, kuthintela ukutsha kunye nohlobo lwenoveli yohlalutyo lwedatha.
Indlela ezemidlalo "Izibhambathiso zeMicimbi" zisebenza ngayo Kula maqonga, umsebenzisi unokuthenga "Ewe" isabelo kwikhontrakthi efana "Ngaba iDenver Broncos iya kuphumelela i-Super Bowl?" Ukuba isiganeko siyenzeka, isabelo sihlawula imali emiselweyo, rhoqo i-$ 1. Ixabiso lokurhweba liyaguquguquka ngokusekelwe ekucingeni ukuba kunokwenzeka, ukudala imarike yexesha langempela.
Iqonga lidwelisa ikhontrakthi yokubini kwisiphumo esithile sezemidlalo. Abasebenzisi bathengisa izabelo ezisekelwe kwiingqikelelo zabo, beqhuba ixabiso. Xa isiganeko sisonjululwe, zonke izabelo "ezichanekileyo" zihlawulelwa intlawulo.
Abagxeki, kubandakanywa neeseneta ezixhasayo, babona oku njengokubheja kwezemidlalo ngelinye igama. Bakholelwa ukuba isebenza ngaphandle kokhuseleko lwabathengi kunye nokongamela urhulumente kwiincwadi zemidlalo ezisemthethweni.
Ingxoxo-mpikiswano esembindini: uMmiselo vs. uThintelo Ukuqaliswa kwalo mthetho oyilwayo kuye kwaphemba ingxoxo eshushu malunga nekamva lefintech kunye nolawulo longcakazo. Ibeka iinkxalabo malunga nokukhuselwa kwabathengi kunye nokuthembeka ngokuchasene neengxabano zenkqubela phambili yezobuchwepheshe kunye nokusebenza kakuhle kwemarike.
Iingxoxo ngoVanlo (Pro-Regulation)
Ukhuseleko lwabathengi: Ukunqongophala kokuqinisekiswa kweminyaka yobudala kunye nezixhobo zokungcakaza ezinoxanduva kwamanye amaqonga oqikelelo. IiNgxinaniso zeMfezeko: Ukubakho kolwazi lwangaphakathi okanye ukulungiswa komdlalo ukuphembelela amaxabiso ekhontrakthi. I-Regulatory Parity: Yenza ibala lokudlala elinobulungisa kunye neencwadi zezemidlalo zemveli, ezijongene nerhafu enzima kunye nemithetho engqongqo.
Iingxoxo ezichasene nokuvalwa komsebenzi (Pro-Innovation)
Ukusebenza kakuhle kweMakethi: Iikontraka zezemidlalo zinokutyhila ulindelo lokwenyani lwentengiso, luluncedo kubahlalutyi kunye namajelo eendaba. Umahluko kwezobuGcisa: Ukuqulunqa umsebenzi "njengorhwebo" endaweni "yokubheja" kutsala isiseko esahlukileyo, mhlawumbi sohlalutyo ngakumbi, lwabasebenzisi. Ukugqithisela: Abanye baphikisa ukuba isithintelo ngengubo sinzima, sicebisa ummiselo olungiselelwe imfezeko kunye nokhuseleko lwabathengi endaweni yoko.
Impembelelo enokwenzeka kwaye yintoni elandelayo Ukuba ipasisiwe, umthetho oyilwayo uya kunyanzela amaqonga amakhulu ukuba asuse zonkeizivumelwano ezinxulumene nezemidlalo ngoko nangoko. Oku kunokuba nefuthe elibonakalayo kwisiseko sabasebenzisi kunye neemodeli zengeniso, okunokuthi kutyhalele lo msebenzi kumaqonga angalawulekiyo, aphesheya konxweme.
Uhambo lowiso-mthetho lusaqala. Umthetho oyilwayo kufuneka udlule kudliwano-ndlebe lwekomiti, apho amaqonga, amaqela enkxaso, kunye nezinye iisenethi ziza kuphonononga. Imvelaphi yayo ye-bipartisan iyawaphucula amathuba ayo, kodwa i-fintech lobby enamandla iya kwenza iphulo elichasayo elinamandla.
Isiphumo siya kumisela umzekelo obalulekileyo. Iya kugqiba ukuba ngaba iimarike zokuqikelela ziphathwa njengeteknoloji yezemali eyodwa okanye zisongwe kwisakhelo esikhoyo solawulo longcakazo eUnited States.
Ukujonga imihlaba emitsha yedijithali, nokuba kukwezemali okanye kumajelo eendaba ezentlalo, kufuna i-savvy. Kanye njengokuba eli tyala lichaphazela amaqonga emarike, ukuqonda ixesha le-algorithm ngundoqo kubadali bomxholo. Funda amacebo afanelekileyo kwisikhokelo sethu Awona maxesha alungileyo okuthumela kwi-Instagram TikTok YouTube.
Ukuqukumbela Umthetho oyilwayo we-bipartisan wokuvala ukubheja kwezemidlalo kwiimarike eziqikelelweyo uphawula umzuzu obalulekileyo. Iqaqambisa ukungavisisani okukhulayo phakathi kweemodeli ezintsha ze-fintech kunye nezikhokelo zolawulo ezisekiweyo. Njengoko iSenators Schiff kunye noCurtis bekhokela le ntlawulo, iinyanga ezizayo ziya kubonisa ukuba iCongress ijonga ezi marike njengesongelo kwingqibelelo yezemidlalo okanye uhlobo olusemthethweni lokudibanisa ulwazi.
Ingxoxo-mpikiswano inabela ngaphaya kongcakazo, ichukumisa imixholo ebanzi yendlela esilawula ngayo uqoqosho lwedijithali olukhulayo. Ukuhlala unolwazi ngeenguqu zolawulo kubalulekile kuye nabani na obandakanyekayo kwiimarike zedijithali okanye ukudala umxholo. Umzekelo, ukwakha uphawu lobuqu oluthobelayo nolunempembelelo kubaluleke ngakumbi kunangaphambili, njengoko kuchaziwe kwisixhobo sethu sendlela yokuba ngumntu onamandla okwenza i-fitness kwi-Instagram ngo-2026.
Hlala uphambi kotshintsho lolawulo kunye neentsingiselo zemarike. Uhlalutyo olucacileyo, olufutshane kuphuhliso oluchaphazela ishishini ledijithali, landela iSeemless ukuze ufumane ulwazi oluninzi.
