{"id":15403,"date":"2025-11-25T08:02:14","date_gmt":"2025-11-25T08:02:14","guid":{"rendered":"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/"},"modified":"2025-11-25T08:02:14","modified_gmt":"2025-11-25T08:02:14","slug":"%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c","status":"publish","type":"post","link":"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/","title":{"rendered":"\uc554\ud638\ud654\ud3d0\ub294 \uc99d\uad8c\uc778\uac00? (\uc18c\uac1c)"},"content":{"rendered":"<h2>Law and Ledger: \ub514\uc9c0\ud138 \uc790\uc0b0 \uac70\ub798\uc758 \ubc95\ub960 \ub274\uc2a4<\/h2>\n<p>Law and Ledger\ub294 \ub514\uc9c0\ud138 \uc790\uc0b0 \uac70\ub798\uc5d0 \uc911\uc810\uc744 \ub454 \ubc95\ub960 \uc0ac\ubb34\uc18c\uc778 <strong>Kelman Law<\/strong>\uac00 \uc81c\uacf5\ud558\ub294 \uc554\ud638\ud654\ud3d0 \ubc95\ub960 \ub274\uc2a4\uc5d0 \uad00\ud55c \ub274\uc2a4 \uc138\uadf8\uba3c\ud2b8\uc785\ub2c8\ub2e4. \uc554\ud638\ud654 \uc790\uc0b0\uc774 \uc99d\uad8c\uc73c\ub85c \ubd84\ub958\ub420 \uc218 \uc788\ub294\uc9c0\uc5d0 \ub300\ud55c \uc9c8\ubb38\uc740 \ub514\uc9c0\ud138 \uc790\uc0b0\uacfc \uad00\ub828\ub41c \ubaa8\ub4e0 \uc0ac\ub78c\ub4e4\uc774 \uc775\uc219\ud560 \uac00\ub2a5\uc131\uc774 \ub192\uc2b5\ub2c8\ub2e4.<\/p>\n<h2>SEC v. W.J. Howey Co. \uc0ac\uac74\uc758 \uc601\ud5a5<\/h2>\n<p>\uc774 \uc9c8\ubb38\uc740 <strong>SEC v. W.J. Howey Co.<\/strong> \uc0ac\uac74\uc774 \ubaa8\ub4e0 \uc0c8\ub85c\uc6b4 \uae30\uc220\uc5d0 \ub300\ud55c \ucd5c\ud6c4\uc758 \uc218\ub2e8\uc774 \ub41c \uc774\ud6c4\ub85c \uc554\ud638\ud654\ud3d0 \ud68c\uc758, \uc758\ud68c \uccad\ubb38\ud68c, SEC \uc5f0\uc124, \ubc95\uc815 \ubc0f \uc218\ucc9c \uac1c\uc758 \ubc95\ub960 \uba54\ubaa8\uc5d0\uc11c \uc81c\uae30\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \uadf8\ub7ec\ub098 2025\ub144 \ud604\uc7ac, \uc218\ub144\uac04\uc758 \uaddc\uc81c \ud65c\ub3d9\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \ubbf8\uad6d\uc758 \uc0c1\ud669\uc740 \uc5ec\uc804\ud788 \ub2e8\ud3b8\ud654\ub418\uc5b4 \uc788\uc73c\uba70, \uadf8\uc5d0 \ub300\ud55c \ub2f5\uc740 \uc5ec\uc804\ud788 <strong>\ubd88\ud655\uc2e4<\/strong>\ud569\ub2c8\ub2e4.<\/p>\n<h2>\ubc95\uc6d0\uc758 \uc785\uc7a5 \ubcc0\ud654<\/h2>\n<p>\ubc95\uc6d0\uc740 \uc810\uc810 \ub354 <strong>\ud1a0\ud070\uc774 \ubcf8\uc9c8\uc801\uc73c\ub85c \uc99d\uad8c<\/strong>\uc774\ub77c\ub294 \uac1c\ub150\uc744 \uac70\ubd80\ud558\uace0 \uc788\uc73c\uba70, \uc790\uc0b0 \uc790\uccb4\uc640 \ud310\ub9e4 \ub9e5\ub77d \uac04\uc758 \uad6c\ubcc4\uc744 \ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uadf8\ub7ec\ub098 \ub2e4\ub978 \ud310\uacb0\ub4e4\uc740 \ucd08\uae30 \ud1a0\ud070 \uc0dd\uc131 \uc0ac\uac74\uacfc\ub294 \uac70\ub9ac\uac00 \uba3c \uc0c1\ud669\uc5d0\uc11c\ub3c4 \ud22c\uc790 \uacc4\uc57d \ucc45\uc784\uc744 \ubc1c\uacac\ud588\uc2b5\ub2c8\ub2e4. \uc2ec\uc9c0\uc5b4 \uba87 \ub144 \ud6c4, \ubd84\uc0b0\ud654 \uc774\uc815\ud45c\ub098 \uc720\ud2f8\ub9ac\ud2f0 \uae30\ub2a5\uc774 \ub3c4\uc785\ub41c \uc774\ud6c4\uc5d0\ub3c4 \ub9d0\uc785\ub2c8\ub2e4.<\/p>\n<blockquote>\n<p>\u201cSEC\uc758 \uc785\uc7a5\uc740 \ubcc0\ud654\ud588\uc9c0\ub9cc, \uc5ec\uc804\ud788 \ubaa8\ud638\ud568\uc774 \ub0a8\uc544 \uc788\uc2b5\ub2c8\ub2e4.\u201d<\/p>\n<\/blockquote>\n<h2>\uaddc\uc81c \ud658\uacbd\uc758 \ubcc0\ud654<\/h2>\n<p>2017\ub144 \uc774\ud6c4 \uc774 \uae30\uad00\uc758 \uad11\ubc94\uc704\ud55c \uc9d1\ud589 \uc811\uadfc \ubc29\uc2dd\uc740 \uac70\uc758 \ubaa8\ub4e0 \ud1a0\ud070 \ubc1c\ud589\uc774 \uc99d\uad8c\ubc95\uc744 \ucd09\ubc1c\ud560 \uc218 \uc788\ub2e4\ub294 \uae30\ubcf8 \uac00\uc815\uc744 \ub9cc\ub4e4\uc5b4\ub0c8\uc2b5\ub2c8\ub2e4. \uadf8\ub7ec\ub098 \ucd5c\uadfc\uc5d0\ub294 \ubcf4\ub2e4 \uba85\ud655\ud55c \uc790\uc81c\uc758 \uc2e0\ud638, \uba74\uc81c \ub610\ub294 \ud569\uc758 \uc870\uac74\uc744 \ud611\uc0c1\ud560 \uc758\uc9c0, \uadf8\ub9ac\uace0 \uc9c1\uc6d0\ub4e4\uc774 \uc774\uc804\uc5d0 \ucda9\ubd84\ud788 \uc124\uba85\ud558\uc9c0 \uc54a\uc558\ub358 \ubc29\uc2dd\uc73c\ub85c \ud1a0\ud070 \uc124\uacc4, \ud1a0\ud070 \ubc30\ud3ec \ubc0f \ud1a0\ud070 \uc0dd\ud0dc\uacc4\ub97c \uad6c\ubcc4\ud558\uace0 \uc788\ub2e4\ub294 \ub0b4\ubd80 \uc2e0\ud638\uac00 \ub098\ud0c0\ub0ac\uc2b5\ub2c8\ub2e4. \uadf8\ub7ec\ub098 \uacf5\uc2dd\uc801\uc778 \uc9c0\uce68\uc740 \uc5ec\uc804\ud788 \ubd80\uc871\ud569\ub2c8\ub2e4.<\/p>\n<h2>\uc758\ud68c\uc758 \ub17c\uc758\uc640 CLARITY \ubc95\uc548<\/h2>\n<p>\uc758\ud68c\ub294 \ud3ec\uad04\uc801\uc778 \ub514\uc9c0\ud138 \uc790\uc0b0 \ubc95\uc548\uc5d0 \ub300\ud574 \uacc4\uc18d \ub17c\uc758\ud558\uace0 \uc788\uc9c0\ub9cc, \uc0ac\ubc95\ubd80\ub97c \uc120\uc81c\uc801\uc73c\ub85c \uc81c\uc57d\ud558\uac70\ub098 SEC\ub97c \uc81c\ud55c\ud560 \uc218 \uc788\ub294 \ud569\uc758\ub41c \ub2e8\uc77c \ubc95\uc548\uc740 \uc544\uc9c1 \ub098\ud0c0\ub098\uc9c0 \uc54a\uc558\uc2b5\ub2c8\ub2e4. <strong>CLARITY \ubc95\uc548<\/strong>\uc774 \uc758\ud68c\ub97c \ud1b5\uacfc\ud558\uace0 \uc788\ub294 \ub3d9\uc548, \uc2dc\uc7a5 \ucc38\uc5ec\uc790\ub4e4\uc740 \uc5f0\ubc29 \uc9d1\ud589 \ud574\uc11d, \ubbfc\uc0ac \ud310\ub840\ubc95 \ubc0f \uc5ec\uc804\ud788 \ubc1c\uc804 \uc911\uc778 \uaddc\uc81c \ubd84\ub958\uc758 \uc870\ud569 \uc18d\uc5d0\uc11c \uc6b4\uc601\ud574\uc57c \ud569\ub2c8\ub2e4.<\/p>\n<h2>\uc2dc\ub9ac\uc988 \uae30\uc0ac \uac1c\uc694<\/h2>\n<p>\uc774 \uc77c\ub828\uc758 \uae30\uc0ac\ub294 2025\ub144\uc5d0 \ud604\uc2e4\uc801\uc73c\ub85c \uc54c \uc218 \uc788\ub294 \uac83\uacfc \ubc29\uc5b4\uc801\uc73c\ub85c \ud560 \uc218 \uc788\ub294 \uac83\uc744 \uba85\ud655\ud788 \ud558\ub294 \uac83\uc744 \ubaa9\ud45c\ub85c \ud569\ub2c8\ub2e4. \ubc95\uc801 \ud504\ub808\uc784\uc6cc\ud06c\ub97c \uc815\ub9ac\ud558\uace0, \ucd5c\uadfc \ubc1c\uc804\uc744 \uac15\uc870\ud558\uba70, \uc774 \ubd88\ud655\uc2e4\ud55c \ud658\uacbd\uc744 \ud0d0\uc0c9\ud558\ub294 \ube4c\ub354, \ud22c\uc790\uc790 \ubc0f \uc911\uac1c\uc778\uc744 \uc704\ud55c \uc2e4\uc6a9\uc801\uc778 \uc2dc\uc0ac\uc810\uc744 \uc2dd\ubcc4\ud569\ub2c8\ub2e4.<\/p>\n<h2>\ubd80\ubcc4 \ub0b4\uc6a9<\/h2>\n<ul>\n<li>\uc81c1\ubd80: \uc99d\uad8c\ubc95\uc774 \ud1a0\ud070\uc5d0 \uc801\uc6a9\ub418\ub294 \uc2dc\uc810 \uc124\uba85 \ubc0f Howey \ud14c\uc2a4\ud2b8\uc758 \uba54\ucee4\ub2c8\uc998\uacfc \ud55c\uacc4<\/li>\n<li>\uc81c2\ubd80: \uc720\ud2f8\ub9ac\ud2f0 \ud1a0\ud070\uc758 \uc2e0\ud654\uc640 \ud604\uc2e4<\/li>\n<li>\uc81c3\ubd80: \ud1a0\ud070 \uac70\ub798\uc758 \uc0dd\uc560 \uc8fc\uae30 \ubd84\uc11d<\/li>\n<li>\uc81c4\ubd80: DeFi \ud504\ub85c\ud1a0\ucf5c, \uc2a4\ud14c\uc774\ud0b9 \uacc4\uc57d, \uc5d0\uc5b4\ub4dc\ub86d, NFT \ubc0f \ud558\uc774\ube0c\ub9ac\ub4dc \ubaa8\ub378\uc758 \ud2b9\ubcc4\ud55c \ub9e5\ub77d<\/li>\n<li>\uc81c5\ubd80: 2025\ub144\uc758 \uc9c4\ud654\ud558\ub294 \uaddc\uc81c \ud658\uacbd \uc870\uc0ac<\/li>\n<li>\uc81c6\ubd80: \uac70\ub798\uc18c, \ud1a0\ud070 \ubc1c\ud589\uc790, \uac1c\ubc1c\uc790 \ub4f1\uc744 \uc704\ud55c \uc2e4\uc6a9\uc801\uc778 \uc900\uc218 \uc9c0\uce68<\/li>\n<\/ul>\n<h2>\uacb0\ub860<\/h2>\n<p>\ubcc0\ud654\ud558\ub294 \ud658\uacbd\uc5d0\uc11c \uc815\ubcf4\ub97c \uc720\uc9c0\ud558\uace0 \uc900\uc218\ud558\ub294 \uac83\uc740 \uadf8 \uc5b4\ub290 \ub54c\ubcf4\ub2e4 \uc911\uc694\ud569\ub2c8\ub2e4. \ub2f9\uc2e0\uc774 \ud22c\uc790\uc790, \uae30\uc5c5\uac00 \ub610\ub294 \uc554\ud638\ud654\ud3d0\uc640 \uad00\ub828\ub41c \ube44\uc988\ub2c8\uc2a4\uc5d0 \uc885\uc0ac\ud558\uace0 \uc788\ub2e4\uba74, \uc6b0\ub9ac\uc758 \ud300\uc774 \ub3c4\uc640\ub4dc\ub9b4 \uc900\ube44\uac00 \ub418\uc5b4 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub7ec\ud55c \ud765\ubbf8\ub85c\uc6b4 \ubc1c\uc804\uc744 \ud0d0\uc0c9\ud558\ub294 \ub370 \ud544\uc694\ud55c \ubc95\ub960 \uc790\ubb38\uc744 \uc81c\uacf5\ud569\ub2c8\ub2e4. \ub3c4\uc6c0\uc774 \ud544\uc694\ud558\ub2e4\uace0 \uc0dd\uac01\ub418\uba74, <strong>\uc5ec\uae30\uc5d0\uc11c \uc0c1\ub2f4 \uc77c\uc815\uc744 \uc7a1\uc544\uc8fc\uc138\uc694<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Law and Ledger: \ub514\uc9c0\ud138 \uc790\uc0b0 \uac70\ub798\uc758 \ubc95\ub960 \ub274\uc2a4 Law and Ledger\ub294 \ub514\uc9c0\ud138 \uc790\uc0b0 \uac70\ub798\uc5d0 \uc911\uc810\uc744 \ub454 \ubc95\ub960 \uc0ac\ubb34\uc18c\uc778 Kelman Law\uac00 \uc81c\uacf5\ud558\ub294 \uc554\ud638\ud654\ud3d0 \ubc95\ub960 \ub274\uc2a4\uc5d0 \uad00\ud55c \ub274\uc2a4 \uc138\uadf8\uba3c\ud2b8\uc785\ub2c8\ub2e4. \uc554\ud638\ud654 \uc790\uc0b0\uc774 \uc99d\uad8c\uc73c\ub85c \ubd84\ub958\ub420 \uc218 \uc788\ub294\uc9c0\uc5d0 \ub300\ud55c \uc9c8\ubb38\uc740 \ub514\uc9c0\ud138 \uc790\uc0b0\uacfc \uad00\ub828\ub41c \ubaa8\ub4e0 \uc0ac\ub78c\ub4e4\uc774 \uc775\uc219\ud560 \uac00\ub2a5\uc131\uc774 \ub192\uc2b5\ub2c8\ub2e4. SEC v. W.J. Howey Co. \uc0ac\uac74\uc758 \uc601\ud5a5 \uc774 \uc9c8\ubb38\uc740 S&#8230;<\/p>\n","protected":false},"author":3,"featured_media":15402,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[4532,7375,9427,5100,9905,4217,4720,4361,4204],"class_list":["post-15403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legal","tag-cftc","tag-clarity-act","tag-daos","tag-defi","tag-kelman-law","tag-legal","tag-nft","tag-sec","tag-usa"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>\uc554\ud638\ud654\ud3d0\ub294 \uc99d\uad8c\uc778\uac00? (\uc18c\uac1c) - CryptoZen<\/title>\n<meta name=\"description\" content=\"Law and Ledger\uc640 \ud568\uaed8 \ubcc0\ud654\ud558\ub294 \ubbf8\uad6d \ubc95\ub960 \ud658\uacbd\uc5d0\uc11c \uc554\ud638 \uc790\uc0b0\uc758 \ubcf5\uc7a1\uc131\uacfc \uc99d\uad8c\uc73c\ub85c\uc11c\uc758 \ubd84\ub958\ub97c \ud0d0\uad6c\ud558\uc138\uc694.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptozen.asia\/kr\/\uc554\ud638\ud654\ud3d0\ub294-\uc99d\uad8c\uc778\uac00-\uc18c\uac1c\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\uc554\ud638\ud654\ud3d0\ub294 \uc99d\uad8c\uc778\uac00? (\uc18c\uac1c) - CryptoZen\" \/>\n<meta property=\"og:description\" content=\"Law and Ledger\uc640 \ud568\uaed8 \ubcc0\ud654\ud558\ub294 \ubbf8\uad6d \ubc95\ub960 \ud658\uacbd\uc5d0\uc11c \uc554\ud638 \uc790\uc0b0\uc758 \ubcf5\uc7a1\uc131\uacfc \uc99d\uad8c\uc73c\ub85c\uc11c\uc758 \ubd84\ub958\ub97c \ud0d0\uad6c\ud558\uc138\uc694.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptozen.asia\/kr\/\uc554\ud638\ud654\ud3d0\ub294-\uc99d\uad8c\uc778\uac00-\uc18c\uac1c\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoZen\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-25T08:02:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptozen.asia\/kr\/wp-content\/uploads\/sites\/24\/2025\/11\/story_140111_preview.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\uae00\uc4f4\uc774\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/cryptozen.asia\/kr\/#\/schema\/person\/215c42a44c778a4d41cede868d63707c\"},\"headline\":\"\uc554\ud638\ud654\ud3d0\ub294 \uc99d\uad8c\uc778\uac00? (\uc18c\uac1c)\",\"datePublished\":\"2025-11-25T08:02:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/\"},\"wordCount\":28,\"publisher\":{\"@id\":\"https:\/\/cryptozen.asia\/kr\/#organization\"},\"image\":{\"@id\":\"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptozen.asia\/kr\/wp-content\/uploads\/sites\/24\/2025\/11\/story_140111_preview.jpeg\",\"keywords\":[\"CFTC\",\"CLARITY Act\",\"DAOs\",\"DeFi\",\"Kelman Law\",\"Legal\",\"NFT\",\"SEC\",\"USA\"],\"articleSection\":[\"Legal\"],\"inLanguage\":\"ko-KR\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/\",\"url\":\"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/\",\"name\":\"\uc554\ud638\ud654\ud3d0\ub294 \uc99d\uad8c\uc778\uac00? (\uc18c\uac1c) - CryptoZen\",\"isPartOf\":{\"@id\":\"https:\/\/cryptozen.asia\/kr\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptozen.asia\/kr\/wp-content\/uploads\/sites\/24\/2025\/11\/story_140111_preview.jpeg\",\"datePublished\":\"2025-11-25T08:02:14+00:00\",\"description\":\"Law and Ledger\uc640 \ud568\uaed8 \ubcc0\ud654\ud558\ub294 \ubbf8\uad6d \ubc95\ub960 \ud658\uacbd\uc5d0\uc11c \uc554\ud638 \uc790\uc0b0\uc758 \ubcf5\uc7a1\uc131\uacfc \uc99d\uad8c\uc73c\ub85c\uc11c\uc758 \ubd84\ub958\ub97c \ud0d0\uad6c\ud558\uc138\uc694.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/#breadcrumb\"},\"inLanguage\":\"ko-KR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ko-KR\",\"@id\":\"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/#primaryimage\",\"url\":\"https:\/\/cryptozen.asia\/kr\/wp-content\/uploads\/sites\/24\/2025\/11\/story_140111_preview.jpeg\",\"contentUrl\":\"https:\/\/cryptozen.asia\/kr\/wp-content\/uploads\/sites\/24\/2025\/11\/story_140111_preview.jpeg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptozen.asia\/kr\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"\uc554\ud638\ud654\ud3d0\ub294 \uc99d\uad8c\uc778\uac00? (\uc18c\uac1c)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptozen.asia\/kr\/#website\",\"url\":\"https:\/\/cryptozen.asia\/kr\/\",\"name\":\"CryptoZen\",\"description\":\"AI\uac00 \uac15\uc870\ud558\ub294 \ucd5c\uc2e0 \uc554\ud638\ud654\ud3d0 \ub274\uc2a4\",\"publisher\":{\"@id\":\"https:\/\/cryptozen.asia\/kr\/#organization\"},\"alternateName\":\"CZ\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptozen.asia\/kr\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"ko-KR\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/cryptozen.asia\/kr\/#organization\",\"name\":\"CryptoZen\",\"alternateName\":\"CZ\",\"url\":\"https:\/\/cryptozen.asia\/kr\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ko-KR\",\"@id\":\"https:\/\/cryptozen.asia\/kr\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptozen.asia\/kr\/wp-content\/uploads\/sites\/24\/2025\/05\/azen_preview2-1.png\",\"contentUrl\":\"https:\/\/cryptozen.asia\/kr\/wp-content\/uploads\/sites\/24\/2025\/05\/azen_preview2-1.png\",\"width\":600,\"height\":600,\"caption\":\"CryptoZen\"},\"image\":{\"@id\":\"https:\/\/cryptozen.asia\/kr\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptozen.asia\/kr\/#\/schema\/person\/215c42a44c778a4d41cede868d63707c\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ko-KR\",\"@id\":\"https:\/\/cryptozen.asia\/kr\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bfd406270e6dbea874497e5c3a864e82?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bfd406270e6dbea874497e5c3a864e82?s=96&d=mm&r=g\",\"caption\":\"Editor\"},\"url\":\"https:\/\/cryptozen.asia\/kr\/author\/editorapi\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"\uc554\ud638\ud654\ud3d0\ub294 \uc99d\uad8c\uc778\uac00? (\uc18c\uac1c) - CryptoZen","description":"Law and Ledger\uc640 \ud568\uaed8 \ubcc0\ud654\ud558\ub294 \ubbf8\uad6d \ubc95\ub960 \ud658\uacbd\uc5d0\uc11c \uc554\ud638 \uc790\uc0b0\uc758 \ubcf5\uc7a1\uc131\uacfc \uc99d\uad8c\uc73c\ub85c\uc11c\uc758 \ubd84\ub958\ub97c \ud0d0\uad6c\ud558\uc138\uc694.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptozen.asia\/kr\/\uc554\ud638\ud654\ud3d0\ub294-\uc99d\uad8c\uc778\uac00-\uc18c\uac1c\/","og_locale":"en_US","og_type":"article","og_title":"\uc554\ud638\ud654\ud3d0\ub294 \uc99d\uad8c\uc778\uac00? (\uc18c\uac1c) - CryptoZen","og_description":"Law and Ledger\uc640 \ud568\uaed8 \ubcc0\ud654\ud558\ub294 \ubbf8\uad6d \ubc95\ub960 \ud658\uacbd\uc5d0\uc11c \uc554\ud638 \uc790\uc0b0\uc758 \ubcf5\uc7a1\uc131\uacfc \uc99d\uad8c\uc73c\ub85c\uc11c\uc758 \ubd84\ub958\ub97c \ud0d0\uad6c\ud558\uc138\uc694.","og_url":"https:\/\/cryptozen.asia\/kr\/\uc554\ud638\ud654\ud3d0\ub294-\uc99d\uad8c\uc778\uac00-\uc18c\uac1c\/","og_site_name":"CryptoZen","article_published_time":"2025-11-25T08:02:14+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/cryptozen.asia\/kr\/wp-content\/uploads\/sites\/24\/2025\/11\/story_140111_preview.jpeg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_misc":{"\uae00\uc4f4\uc774":"Editor"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/#article","isPartOf":{"@id":"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/"},"author":{"name":"Editor","@id":"https:\/\/cryptozen.asia\/kr\/#\/schema\/person\/215c42a44c778a4d41cede868d63707c"},"headline":"\uc554\ud638\ud654\ud3d0\ub294 \uc99d\uad8c\uc778\uac00? (\uc18c\uac1c)","datePublished":"2025-11-25T08:02:14+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/"},"wordCount":28,"publisher":{"@id":"https:\/\/cryptozen.asia\/kr\/#organization"},"image":{"@id":"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptozen.asia\/kr\/wp-content\/uploads\/sites\/24\/2025\/11\/story_140111_preview.jpeg","keywords":["CFTC","CLARITY Act","DAOs","DeFi","Kelman Law","Legal","NFT","SEC","USA"],"articleSection":["Legal"],"inLanguage":"ko-KR"},{"@type":"WebPage","@id":"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/","url":"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/","name":"\uc554\ud638\ud654\ud3d0\ub294 \uc99d\uad8c\uc778\uac00? (\uc18c\uac1c) - CryptoZen","isPartOf":{"@id":"https:\/\/cryptozen.asia\/kr\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/#primaryimage"},"image":{"@id":"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptozen.asia\/kr\/wp-content\/uploads\/sites\/24\/2025\/11\/story_140111_preview.jpeg","datePublished":"2025-11-25T08:02:14+00:00","description":"Law and Ledger\uc640 \ud568\uaed8 \ubcc0\ud654\ud558\ub294 \ubbf8\uad6d \ubc95\ub960 \ud658\uacbd\uc5d0\uc11c \uc554\ud638 \uc790\uc0b0\uc758 \ubcf5\uc7a1\uc131\uacfc \uc99d\uad8c\uc73c\ub85c\uc11c\uc758 \ubd84\ub958\ub97c \ud0d0\uad6c\ud558\uc138\uc694.","breadcrumb":{"@id":"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/#breadcrumb"},"inLanguage":"ko-KR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/"]}]},{"@type":"ImageObject","inLanguage":"ko-KR","@id":"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/#primaryimage","url":"https:\/\/cryptozen.asia\/kr\/wp-content\/uploads\/sites\/24\/2025\/11\/story_140111_preview.jpeg","contentUrl":"https:\/\/cryptozen.asia\/kr\/wp-content\/uploads\/sites\/24\/2025\/11\/story_140111_preview.jpeg","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/cryptozen.asia\/kr\/%ec%95%94%ed%98%b8%ed%99%94%ed%8f%90%eb%8a%94-%ec%a6%9d%ea%b6%8c%ec%9d%b8%ea%b0%80-%ec%86%8c%ea%b0%9c\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptozen.asia\/kr\/"},{"@type":"ListItem","position":2,"name":"\uc554\ud638\ud654\ud3d0\ub294 \uc99d\uad8c\uc778\uac00? (\uc18c\uac1c)"}]},{"@type":"WebSite","@id":"https:\/\/cryptozen.asia\/kr\/#website","url":"https:\/\/cryptozen.asia\/kr\/","name":"CryptoZen","description":"AI\uac00 \uac15\uc870\ud558\ub294 \ucd5c\uc2e0 \uc554\ud638\ud654\ud3d0 \ub274\uc2a4","publisher":{"@id":"https:\/\/cryptozen.asia\/kr\/#organization"},"alternateName":"CZ","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptozen.asia\/kr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"ko-KR"},{"@type":"Organization","@id":"https:\/\/cryptozen.asia\/kr\/#organization","name":"CryptoZen","alternateName":"CZ","url":"https:\/\/cryptozen.asia\/kr\/","logo":{"@type":"ImageObject","inLanguage":"ko-KR","@id":"https:\/\/cryptozen.asia\/kr\/#\/schema\/logo\/image\/","url":"https:\/\/cryptozen.asia\/kr\/wp-content\/uploads\/sites\/24\/2025\/05\/azen_preview2-1.png","contentUrl":"https:\/\/cryptozen.asia\/kr\/wp-content\/uploads\/sites\/24\/2025\/05\/azen_preview2-1.png","width":600,"height":600,"caption":"CryptoZen"},"image":{"@id":"https:\/\/cryptozen.asia\/kr\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/cryptozen.asia\/kr\/#\/schema\/person\/215c42a44c778a4d41cede868d63707c","name":"Editor","image":{"@type":"ImageObject","inLanguage":"ko-KR","@id":"https:\/\/cryptozen.asia\/kr\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bfd406270e6dbea874497e5c3a864e82?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bfd406270e6dbea874497e5c3a864e82?s=96&d=mm&r=g","caption":"Editor"},"url":"https:\/\/cryptozen.asia\/kr\/author\/editorapi\/"}]}},"yoast_description":"Law and Ledger\uc640 \ud568\uaed8 \ubcc0\ud654\ud558\ub294 \ubbf8\uad6d \ubc95\ub960 \ud658\uacbd\uc5d0\uc11c \uc554\ud638 \uc790\uc0b0\uc758 \ubcf5\uc7a1\uc131\uacfc \uc99d\uad8c\uc73c\ub85c\uc11c\uc758 \ubd84\ub958\ub97c \ud0d0\uad6c\ud558\uc138\uc694.","_links":{"self":[{"href":"https:\/\/cryptozen.asia\/kr\/wp-json\/wp\/v2\/posts\/15403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptozen.asia\/kr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptozen.asia\/kr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptozen.asia\/kr\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptozen.asia\/kr\/wp-json\/wp\/v2\/comments?post=15403"}],"version-history":[{"count":0,"href":"https:\/\/cryptozen.asia\/kr\/wp-json\/wp\/v2\/posts\/15403\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptozen.asia\/kr\/wp-json\/wp\/v2\/media\/15402"}],"wp:attachment":[{"href":"https:\/\/cryptozen.asia\/kr\/wp-json\/wp\/v2\/media?parent=15403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptozen.asia\/kr\/wp-json\/wp\/v2\/categories?post=15403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptozen.asia\/kr\/wp-json\/wp\/v2\/tags?post=15403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}