{"id":58370,"date":"2026-09-29T19:19:53","date_gmt":"2026-09-29T19:19:53","guid":{"rendered":"https:\/\/cp.snarskis.lt\/index.php\/2026\/09\/29\/cftc-leido-coinbase-tapti-isvestiniu-priemoniu-kliringo-centru-ka-tai-keicia-birzos-planuose\/"},"modified":"2026-09-29T19:19:53","modified_gmt":"2026-09-29T19:19:53","slug":"cftc-leido-coinbase-tapti-isvestiniu-priemoniu-kliringo-centru-ka-tai-keicia-birzos-planuose","status":"publish","type":"post","link":"https:\/\/cp.snarskis.lt\/index.php\/2026\/09\/29\/cftc-leido-coinbase-tapti-isvestiniu-priemoniu-kliringo-centru-ka-tai-keicia-birzos-planuose\/","title":{"rendered":"CFTC leido \u201eCoinbase\u201c tapti i\u0161vestini\u0173 priemoni\u0173 kliringo centru: k\u0105 tai kei\u010dia bir\u017eos planuose"},"content":{"rendered":"

JAV preki\u0173 ateities sandori\u0173 reguliuotoja CFTC patvirtino \u201eCoinbase\u201c dukterin\u0117s \u012fmon\u0117s Coinbase Clearing LLC registracij\u0105 kaip i\u0161vestini\u0173 finansini\u0173 priemoni\u0173 kliringo organizacijos. Tai rei\u0161kia, kad bendrov\u0117 gali pati kliringuoti dal\u012f reguliuojam\u0173 produkt\u0173 ir taip u\u017ebaigia svarbiausi\u0105 savo i\u0161vestini\u0173 priemoni\u0173 infrastrukt\u016bros grand\u012f.<\/p>\n

Iki \u0161iol \u201eCoinbase\u201c jau tur\u0117jo kitus reikalingus registracijos elementus, leid\u017eian\u010dius bir\u017eai veikti ateities sandori\u0173 rinkoje. Naujas statusas suteikia galimyb\u0119 vienoje grup\u0117je sujungti produkt\u0173 s\u0105ra\u0161\u0105, tarpininkavim\u0105 ir kliring\u0105, o tai paprastai laikoma visos i\u0161vestini\u0173 priemoni\u0173 veiklos \u201epilnu paketu\u201c.<\/p>\n

Kas konkre\u010diai leid\u017eiama<\/h2>\n

Pagal CFTC r\u0117mus Coinbase Clearing gali kliringuoti tik visi\u0161kai u\u017etikrintas i\u0161vestines priemones. Praktikoje tai apima visi\u0161kai \u012fmok\u0117tus ateities sandorius, pasirinkimo sandorius d\u0117l ateities sandori\u0173 ir apsikeitimo sandorius, kai rizika dengiama pilnu u\u017estatu.<\/p>\n

Toks modelis suma\u017eina kredito rizik\u0105, nes sandoriai n\u0117ra grind\u017eiami mar\u017einiu svertu. Kita vertus, tai taip pat riboja produkt\u0173 spektr\u0105, kuriam galima taikyti vidin\u012f kliring\u0105, tod\u0117l daliai pasi\u016blos prireiks kit\u0173 sprendim\u0173.<\/p>\n

Kas lieka pas i\u0161orinius partnerius<\/h2>\n

\u201eCoinbase\u201c nurod\u0117, kad mar\u017einiai i\u0161vestini\u0173 priemoni\u0173 produktai ir tam tikros planuojamos naujov\u0117s toliau bus palaikomos per esamus kliringo partnerius. Tai rei\u0161kia, kad svertiniai produktai kol kas nebus perkelti \u012f Coinbase Clearing.<\/p>\n

Bendrov\u0117 taip pat u\u017esimin\u0117 apie planuojam\u0105 vienos akcijos tipo nuolatini\u0173 ateities sandori\u0173 krypt\u012f, ta\u010diau pabr\u0117\u017e\u0117, jog tokiais atvejais i\u0161orinis kliringas i\u0161lieka b\u016btinas. Reguliuojamoje JAV aplinkoje tokie produktai paprastai reikalauja atidaus suderinimo su prie\u017ei\u016bros institucijomis ir ai\u0161kios rizikos valdymo strukt\u016bros.<\/p>\n

Kod\u0117l tai svarbu rinkai<\/h2>\n

Leidimas kliringuoti i\u0161vestines priemones \u201eviduje\u201c gali sutrumpinti nauj\u0173 produkt\u0173 k\u016brimo grandin\u0119 ir suma\u017einti operacin\u0119 priklausomyb\u0119 nuo tre\u010di\u0173j\u0173 \u0161ali\u0173. \u201eCoinbase\u201c teigimu, tai tur\u0117t\u0173 leisti grei\u010diau kurti ir atsiskaityti visi\u0161kai u\u017etikrintus kontraktus bei efektyvinti procesus.<\/p>\n

Vis d\u0117lto d\u0117l apribojimo kliringuoti tik pilnai u\u017etikrintas sutartis, greito per\u0117jimo prie pla\u010dios mar\u017eini\u0173 produkt\u0173 pasi\u016blos tik\u0117tis neverta. Rinkai tai signalizuoja apie nuosekl\u0173 \u201eCoinbase\u201c siek\u012f pl\u0117sti reguliuojam\u0173 i\u0161vestini\u0173 priemoni\u0173 versl\u0105, pasirenkant konservatyvesn\u012f, reguliuotojams priimtinesn\u012f model\u012f.<\/p>\n

\u201ePirm\u0105 kart\u0105 galime kurti ir atsiskaityti visi\u0161kai u\u017etikrintas sutartis tiesiogiai\u201c, \u2013 teig\u0117 \u201eCoinbase\u201c.<\/p>\n","protected":false},"excerpt":{"rendered":"

CFTC patvirtino \u201eCoinbase\u201c kliringo organizacijos status\u0105, leisdama bir\u017eai pa\u010diai kliringuoti pilnai u\u017etikrintas i\u0161vestines priemones ir spartinti pl\u0117tr\u0105.<\/p>\n","protected":false},"author":0,"featured_media":58371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[94],"tags":[115,2283,2280,6180,44791,114,383],"miestas":[],"class_list":["post-58370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finansai","tag-bitcoin","tag-cftc","tag-coinbase","tag-isvestines-finansines-priemones","tag-kliringas","tag-kriptovaliutos","tag-kriptovaliutu-birzos"],"acf":[],"_links":{"self":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/posts\/58370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/comments?post=58370"}],"version-history":[{"count":0,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/posts\/58370\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/media\/58371"}],"wp:attachment":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/media?parent=58370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/categories?post=58370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/tags?post=58370"},{"taxonomy":"miestas","embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/miestas?post=58370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}