{"id":72718,"date":"2025-03-24T17:41:02","date_gmt":"2025-03-24T08:41:02","guid":{"rendered":"https:\/\/nextmoney.jp\/?p=72718"},"modified":"2025-03-24T17:41:02","modified_gmt":"2025-03-24T08:41:02","slug":"%e3%83%89%e3%82%a4%e3%83%84%e8%a6%8f%e5%88%b6%e5%bd%93%e5%b1%80%e3%80%81ethena-gmbh%e3%81%ab%e3%82%88%e3%82%8busde%e3%83%88%e3%83%bc%e3%82%af%e3%83%b3%e8%b2%a9%e5%a3%b2%e3%82%92%e5%81%9c%e6%ad%a2","status":"publish","type":"post","link":"https:\/\/nextmoney.jp\/?p=72718","title":{"rendered":"\u30c9\u30a4\u30c4\u898f\u5236\u5f53\u5c40\u3001Ethena GmbH\u306b\u3088\u308bUSDe\u30c8\u30fc\u30af\u30f3\u8ca9\u58f2\u3092\u505c\u6b62"},"content":{"rendered":"<h2>BaFin\u304cEthena GmbH\u306b\u3088\u308bUSDe\u30c8\u30fc\u30af\u30f3\u8ca9\u58f2\u3092\u4e2d\u6b62<\/h2>\n<p><a href=\"https:\/\/www.bafin.de\/DE\/Startseite\/startseite_node.html\" rel=\"noopener noreferrer\" target=\"_blank\">BaFin<\/a>\uff08\u30c9\u30a4\u30c4\u9023\u90a6\u91d1\u878d\u76e3\u7763\u5e81\uff09\u306f\u3001EU\uff08\u6b27\u5dde\u9023\u5408\uff09\u898f\u5236\u9055\u53cd\u3092\u7406\u7531\u306bEthena GmbH\u306b\u3088\u308bUSDe\u30c8\u30fc\u30af\u30f3\u8ca9\u58f2\u3092\u505c\u6b62\u3057\u3001\u6e96\u5099\u91d1\u3092\u51cd\u7d50\u3057\u3001\u65b0\u898f\u9867\u5ba2\u767b\u9332\u3092\u30d6\u30ed\u30c3\u30af\u3057\u305f\u3002<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Since its inception, Ethena has been exploring various options and jurisdictions when it comes to regulatory frameworks globally that would be conducive to our business, and as a result we have multiple entities within our structure facilitating minting and redemption. A MiCAR\u2026<\/p>\n<p>&mdash; Ethena Labs (@ethena_labs) <a href=\"https:\/\/twitter.com\/ethena_labs\/status\/1903106001470939402?ref_src=twsrc%5Etfw\">March 21, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<div class=\"c_box white_box\"><span style=\"font-size:10pt;\"><span style=\"font-size: 10pt;\">\u65e5\u672c\u8a9e\u8a33\uff1a<br \/>\nEthena\u306f\u5275\u696d\u4ee5\u6765\u3001\u5f53\u793e\u306e\u4e8b\u696d\u306b\u8cc7\u3059\u308b\u4e16\u754c\u7684\u306a\u898f\u5236\u67a0\u7d44\u307f\u306b\u95a2\u3057\u3066\u3055\u307e\u3056\u307e\u306a\u9078\u629e\u80a2\u3084\u7ba1\u8f44\u533a\u57df\u3092\u6a21\u7d22\u3057\u3066\u304d\u307e\u3057\u305f\u3002\u305d\u306e\u7d50\u679c\u3001\u5f53\u793e\u306b\u306f\u30b3\u30a4\u30f3\u306e\u767a\u884c\u3068\u511f\u9084\u3092\u4fc3\u9032\u3059\u308b\u8907\u6570\u306e\u7d44\u7e54\u304c\u7d44\u7e54\u5185\u306b\u5b58\u5728\u3057\u307e\u3059\u3002Ethena GmbH \u306b\u3088\u308b MiCAR \u8a8d\u53ef\u306f\u3001\u5f53\u793e\u304c\u2026<\/span><\/span><\/div>\n<p>\u30c9\u30a4\u30c4\u30fb\u30d5\u30e9\u30f3\u30af\u30d5\u30eb\u30c8\u3092\u62e0\u70b9\u3068\u3059\u308b\u767a\u884c\u4f1a\u793e\u3067\u3042\u308bEthena GmbH\u306f\u3001\u91cd\u5927\u306a\u30b3\u30f3\u30d7\u30e9\u30a4\u30a2\u30f3\u30b9\u9055\u53cd\u306e\u7591\u3044\u3067\u544a\u767a\u3055\u308c\u3066\u304a\u308a\u3001\u3053\u308c\u304c\u30c8\u30fc\u30af\u30f3\u306e\u30d7\u30e9\u30a4\u30de\u30ea\u30fc\u30aa\u30d5\u30a1\u30ea\u30f3\u30b0\u306e\u7981\u6b62\u306b\u3064\u306a\u304c\u3063\u305f\u3002BaFin\u306f\u3001\u6e96\u5099\u91d1\u4e0d\u8db3\u3084\u8cc7\u672c\u57fa\u6e96\u3092\u6e80\u305f\u3057\u3066\u3044\u306a\u3044\u306a\u3069\u3001Ethena\uff08\u30a8\u30bb\u30ca\uff09\u306eMiCA\u975e\u6e96\u62e0\u3092\u7406\u7531\u306b\u6319\u3052\u3066\u3044\u308b\u304c\u3001BaFin\u306fUSDe\u30c8\u30fc\u30af\u30f3\u306e\u6e96\u5099\u91d1\u3092\u51cd\u7d50\u3057\u3001\u65b0\u898f\u8ca9\u58f2\u3068\u511f\u9084\u3092\u30d6\u30ed\u30c3\u30af\u3057\u305f\u3082\u306e\u306e\u3001\u6d41\u901a\u5e02\u5834\u3067\u306e\u53d6\u5f15\u306f\u8a31\u53ef\u3057\u3066\u3044\u308b\u3002<\/p>\n<p>BaFin\u306e<a href=\"https:\/\/www.bafin.de\/SharedDocs\/Veroeffentlichungen\/DE\/Verbrauchermitteilung\/weitere\/2025\/meldung_2025_03_21_Ethena_GmbH.html\" rel=\"noopener noreferrer\" target=\"_blank\">\u547d\u4ee4<\/a>\u306b\u3088\u308a\u3001Ethena GmbH\u306fUSDe\u30c8\u30fc\u30af\u30f3\u3092\u4e00\u822c\u5411\u3051\u306b\u8ca9\u58f2\u3059\u308b\u3053\u3068\u304c\u7981\u6b62\u3055\u308c\u305f\u307b\u304b\u3001\u540c\u793e\u304c\u30c8\u30fc\u30af\u30f3\u3092\u30b5\u30dd\u30fc\u30c8\u3059\u308b\u305f\u3081\u306b\u6e96\u5099\u91d1\u3092\u4f7f\u7528\u3059\u308b\u3053\u3068\u3092\u7981\u3058\u3001\u540c\u793e\u304c\u4f7f\u7528\u3057\u3066\u3044\u305f\u30aa\u30f3\u30e9\u30a4\u30f3\u30d7\u30e9\u30c3\u30c8\u30d5\u30a9\u30fc\u30e0\u3092\u9589\u9396\u3002\u3055\u3089\u306b\u3001BaFin\u304c\u7981\u6b62\u3057\u305f\u305f\u3081\u3001Ethena 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\/>\n<\/br><\/p>\n<h3>\u30c8\u30fc\u30af\u30f3\u767a\u884c\u30d7\u30ed\u30bb\u30b9\u306e\u8abf\u67fb<\/h3>\n<p>BaFin\u306f\u3001Ethena GmbH\u304cUSDe\u30c8\u30fc\u30af\u30f3\u306e\u767a\u884c\u3092\u542b\u3080\u627f\u8a8d\u30d7\u30ed\u30bb\u30b9\u3067\u3044\u304f\u3064\u304b\u306e\u6a19\u6e96\u624b\u9806\u3092\u9075\u5b88\u3057\u3066\u3044\u306a\u3044\u3068\u6307\u6458\u3057\u3066\u3044\u308b\u3002<\/p>\n<p>\u6700\u521d\u306b\u554f\u308f\u308c\u305f\u306e\u306f\u3001\u4eee\u60f3\u901a\u8ca8\u306b\u95a2\u3059\u308bEU\u306e\u65b0\u898f\u5236MiCA\u306b\u6e96\u62e0\u3057\u3066\u3044\u306a\u3044\u3053\u3068\u3067\u3001BaFin\u306b\u3088\u308b\u3068\u3001\u540c\u793e\u306f\u5fc5\u8981\u306a\u8cc7\u7523\u6e96\u5099\u91d1\u306e\u63d0\u4f9b\u3084\u8cc7\u672c\u57fa\u6e96\u306e\u9075\u5b88\u306a\u3069\u3001\u91cd\u8981\u306a\u8981\u4ef6\u3092\u6e80\u305f\u3057\u3066\u3044\u306a\u304b\u3063\u305f\u3002\u898f\u5236\u5f53\u5c40\u306e\u63aa\u7f6e\u306f\u3001\u4eee\u60f3\u901a\u8ca8\u5e02\u5834\u306e\u5b89\u5b9a\u6027\u3068\u900f\u660e\u6027\u3092\u9ad8\u3081\u308b\u3053\u3068\u3092\u76ee\u7684\u3068\u3057\u305fMiCA\u30d5\u30ec\u30fc\u30e0\u30ef\u30fc\u30af\u306e\u4e0b\u3067\u306e\u76e3\u7763\u8cac\u4efb\u306e\u4e00\u74b0\u3068\u3057\u3066\u884c\u308f\u308c\u305f\u3002<\/p>\n<p>Ethena\u306f2024\u5e747\u670829\u65e5\u306bMiCA\u306b\u57fa\u3065\u304f\u898f\u5236\u627f\u8a8d\u306e\u7533\u8acb\u3092<a href=\"https:\/\/docs.ethena.fi\/solution-overview\/usde-overview\/regulatory-compliance\" rel=\"noopener noreferrer\" target=\"_blank\">\u63d0\u51fa<\/a>\u3057\u3001\u540c\u793e\u306f\u65e2\u5b58\u306e\u898f\u5236\u67a0\u7d44\u307f\u306b\u300c\u9069\u7528\u9664\u5916\u300d\u3055\u308c\u308b\u4e88\u5b9a\u3067\u3042\u3063\u305f\u3002\u3057\u304b\u3057\u3001BaFin\u306f3\u670821\u65e5\u3001\u300c\u4e8b\u696d\u7d44\u7e54\u306b\u91cd\u5927\u306a\u6b20\u9665\u300d\u304c\u3042\u308a\u3001MiCA\u67a0\u7d44\u307f\u306b\u6e96\u62e0\u3057\u3066\u3044\u306a\u3044\u3068\u3057\u3066\u7533\u8acb\u3092\u5374\u4e0b\u3002\u5f53\u5c40\u306f\u307e\u305f\u3001\u30c8\u30fc\u30af\u30f3\u306e\u4e00\u90e8\u306fMiCAR\u304c\u767a\u52b9\u3059\u308b\u524d\u306b\u767a\u884c\u3055\u308c\u3066\u304a\u308a\u3001\u627f\u8a8d\u30d7\u30ed\u30bb\u30b9\u304c\u3055\u3089\u306b\u8907\u96d1\u306b\u306a\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3068\u6307\u6458\u3057\u3066\u3044\u308b\u3002<br \/>\n<\/br><\/p>\n<h3>\u9867\u5ba2\u3068\u30c8\u30fc\u30af\u30f3\u4fdd\u6709\u8005\u3078\u306e\u5f71\u97ff<\/h3>\n<p>\u898f\u5236\u63aa\u7f6e\u306e\u4e00\u74b0\u3068\u3057\u3066\u3001BaFin\u306fUSDe\u30c8\u30fc\u30af\u30f3\u3092\u88cf\u4ed8\u3051\u308bEthena GmbH\u306e\u6e96\u5099\u8cc7\u7523\u3092\u51cd\u7d50\u3059\u308b\u63aa\u7f6e\u3092\u8b1b\u3058\u3066\u304a\u308a\u3001\u3053\u308c\u306f\u3001\u30c8\u30fc\u30af\u30f3\u306e\u511f\u9084\u3092\u5e0c\u671b\u3059\u308b\u9867\u5ba2\u306b\u5f71\u97ff\u3092\u4e0e\u3048\u308b\u308b\u3053\u3068\u304c\u4e88\u60f3\u3055\u308c\u3066\u3044\u308b\u3002<\/p>\n<p>BaFin\u306f\u72b6\u6cc1\u3092\u76e3\u8996\u3057\u3001Ethena\u306e\u73fe\u72b6\u3092\u76e3\u8996\u3059\u308b\u4ee3\u8868\u8005\u3092\u4efb\u547d\u3002\u58f0\u660e\u306e\u4e2d\u3067\u3001\u5f53\u5c40\u306f\u6b21\u306e\u3088\u3046\u306b\u8ff0\u3079\u305f\u3002<\/p>\n<blockquote><p><strong><em>BaFin\u306f\u3001\u30c9\u30a4\u30c4\u306eEthena GmbH\u304c\u3001\u5fc5\u8981\u306a\u76ee\u8ad6\u898b\u66f8\u306a\u3057\u306b\u3001Ethena OpCo. Ltd.\u306esUSDe\u30c8\u30fc\u30af\u30f3\u306e\u5f62\u3067\u8a3c\u5238\u3092\u8ca9\u58f2\u3057\u3066\u3044\u308b\u3068\u7591\u3046\u5341\u5206\u306a\u6839\u62e0\u304c\u3042\u308b\u3002USDe\u30c8\u30fc\u30af\u30f3\u3068sUSDe\u30c8\u30fc\u30af\u30f3\u306f\u76f8\u4e92\u63a5\u7d9a\u3055\u308c\u3066\u304a\u308a\u3001\u6295\u8cc7\u5bb6\u306fUSDe\u30c8\u30fc\u30af\u30f3\u3068\u5f15\u304d\u63db\u3048\u306bsUSDe\u30c8\u30fc\u30af\u30f3\u3092\u53d7\u3051\u53d6\u308c\u308b\u3002<\/em><\/strong><\/p><\/blockquote>\n<p>BaFin\u306f\u5f15\u304d\u7d9a\u304d\u3053\u306e\u30b1\u30fc\u30b9\u3092\u5be9\u67fb\u3057\u3066\u304a\u308a\u3001\u30e9\u30a4\u30bb\u30f3\u30b9\u30d7\u30ed\u30bb\u30b9\u304c\u5b8c\u4e86\u3057\u305f\u3089\u3055\u3089\u306b\u6700\u65b0\u60c5\u5831\u3092\u63d0\u4f9b\u3059\u308b\u4e88\u5b9a\u3068\u306e\u3053\u3068\u3060\u3002\u307e\u305f\u3001BaFin\u306fUSDe\u30c8\u30fc\u30af\u30f3\u306b\u95a2\u3059\u308b\u6f5c\u5728\u7684\u306a\u554f\u984c\u306b\u5bfe\u51e6\u3059\u308b\u305f\u3081\u3001ECB\uff08\u6b27\u5dde\u4e2d\u592e\u9280\u884c\uff09\u3084ESMA\uff08\u6b27\u5dde\u8a3c\u5238\u5e02\u5834\u76e3\u7763\u5c40\uff09\u306a\u3069\u306e\u4ed6\u306e\u6b27\u5dde\u6a5f\u95a2\u3068\u7a4d\u6975\u7684\u306b\u5354\u529b\u3057\u3066\u3044\u308b\u3053\u3068\u3082\u660e\u3089\u304b\u306b\u3057\u305f\u3002<\/p>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>BaFin\u304cEthena GmbH\u306b\u3088\u308bUSDe\u30c8\u30fc\u30af\u30f3\u8ca9\u58f2\u3092\u4e2d\u6b62 BaFin\uff08\u30c9\u30a4\u30c4\u9023\u90a6\u91d1\u878d\u76e3\u7763\u5e81\uff09\u306f\u3001EU\uff08\u6b27\u5dde\u9023\u5408\uff09\u898f\u5236\u9055\u53cd\u3092\u7406\u7531\u306bEthena GmbH\u306b\u3088\u308bUSDe\u30c8\u30fc\u30af\u30f3\u8ca9\u58f2\u3092\u505c\u6b62\u3057\u3001\u6e96\u5099\u91d1\u3092\u51cd\u7d50\u3057\u3001\u65b0\u898f\u9867\u5ba2&#8230;<\/p>\n","protected":false},"author":2,"featured_media":39880,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[60],"tags":[7585,6069,1091,1105,581],"class_list":{"0":"post-72718","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-60","8":"tag-ethena-gmbh","9":"tag-usde","10":"tag-1091","11":"tag-1105","12":"tag-581"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/nextmoney.jp\/index.php?rest_route=\/wp\/v2\/posts\/72718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nextmoney.jp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nextmoney.jp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nextmoney.jp\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/nextmoney.jp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=72718"}],"version-history":[{"count":1,"href":"https:\/\/nextmoney.jp\/index.php?rest_route=\/wp\/v2\/posts\/72718\/revisions"}],"predecessor-version":[{"id":72719,"href":"https:\/\/nextmoney.jp\/index.php?rest_route=\/wp\/v2\/posts\/72718\/revisions\/72719"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nextmoney.jp\/index.php?rest_route=\/wp\/v2\/media\/39880"}],"wp:attachment":[{"href":"https:\/\/nextmoney.jp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nextmoney.jp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nextmoney.jp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}