﻿{"id":619413,"date":"2025-10-04T14:49:59","date_gmt":"2025-10-04T06:49:59","guid":{"rendered":"https:\/\/law.asia\/?p=619413"},"modified":"2026-01-26T16:11:54","modified_gmt":"2026-01-26T08:11:54","slug":"securing-stable-coins-legal-framework","status":"publish","type":"post","link":"https:\/\/law.asia\/zh-hans\/securing-stable-coins-legal-framework\/","title":{"rendered":"\u7a33\u5b9a\u5e01\u76f8\u5173\u6cd5\u5f8b\u4e1a\u52a1\u7a0b\u5e8f\u6cd5\u4e0e\u5b9e\u4f53\u6cd5\u6790\u8bae"},"content":{"rendered":"<p class=\"Correspondent_Correspondent-Body-DropCap-Chi\" style=\"text-align: justify;\"><span class=\"Corresp-DropCaps-Red-Chi\" lang=\"zh-CN\">\u771f<\/span><span lang=\"zh-CN\">\u5b9e\u4e16\u754c\u8d44\u4ea7\uff08RWA\uff09\u4e0e\u7a33\u5b9a\u5e01\u4f5c\u4e3a\u4ef7\u503c\u7a33\u5b9a\u7684\u52a0\u5bc6\u8d44\u4ea7\uff0c\u5176\u53d1\u884c\u4ea4\u6613\u673a\u5236\u53d7\u533a\u5757\u94fe\u6280\u672f\u6df1\u5ea6\u5f71\u54cd\uff0c\u6cd5\u5f8b\u4e1a\u52a1\u94fe\u6761\u6d89\u53ca\u590d\u6742\u7684\u7a0b\u5e8f\u6cd5\uff08\u5982\u7ba1\u8f96\u6743\u3001\u8bc9\u8bbc\u7a0b\u5e8f\uff09\u4e0e\u5b9e\u4f53\u6cd5\uff08\u5982\u8d22\u4ea7\u6743\u3001\u5408\u540c\u4e49\u52a1\uff09\u4e92\u52a8\u3002\u672c\u6587\u4ece\u6280\u672f\u6f14\u8fdb\u3001\u98ce\u9669\u9694\u79bb\u4e0e\u7a0b\u5e8f\u6cd5\u4f18\u5148\u4e09\u4e2a\u7ef4\u5ea6\u5c55\u5f00\u5206\u6790\u3002<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"vantage-red\"><strong>\u6280\u672f\u6f14\u8fdb<\/strong><\/span><\/h2>\n<p class=\"Correspondent_Correspondent-Body-Chi-no-indent\" style=\"text-align: justify;\"><span lang=\"zh-CN\">\u7a33\u5b9a\u5e01<\/span>1.0<span lang=\"zh-CN\">\u7248\u672c\u91c7\u7528\u57fa\u4e8e\u54c8\u5e0c\u7b97\u6cd5\u7684\u6280\u672f\u6620\u5c04\u5b9e\u73b0\u951a\u5b9a\uff1b<\/span>2.0<span lang=\"zh-CN\">\u7248\u672c\u5f15\u5165\u57fa\u7840\u8d44\u4ea7\u6620\u5c04\u4e0e\u667a\u80fd\u5408\u7ea6\u5408\u89c4\u673a\u5236\uff1b<\/span>3.0<span lang=\"zh-CN\">\u81f3<\/span>4.0<span lang=\"zh-CN\">\u7248\u672c\u5f3a\u5316\u5ba1\u8ba1\u76d1\u7ba1\u517c\u5bb9\u6027\uff0c\u6838\u5fc3\u59cb\u7ec8\u7ef4\u6301\u4e0e\u6cd5\u5e01<\/span>1:1<span lang=\"zh-CN\">\u951a\u5b9a\u3002\u865a\u62df\u8d44\u4ea7\u6743\u80fd\uff08\u751f\u6210\u3001\u5360\u6709\u3001\u4f7f\u7528\u3001\u6536\u76ca\u53ca\u5904\u5206\uff09\u4f9d\u8d56\u6570\u5b57\u7b7e\u540d\u4e0e\u94fe\u4e0a\u8bb0\u5f55\uff0c\u4e2d\u56fd\u6c11\u6cd5\u4f1a\u9996\u5148\u89c6\u5176\u4e3a<\/span>\u201c<span lang=\"zh-CN\">\u8d22\u4ea7<\/span>\u201d<span lang=\"zh-CN\">\uff0c\u800c\u7531\u4e8e\u5176\u5e76\u975e\u6cd5\u5b9a\u8d27\u5e01\uff0c\u5408\u540c\u6cd5\u3001\u4fe1\u6258\u6cd5\u53ca\u8d22\u4ea7\u6cd5\u4e2d\u7684\u6743\u8d23\u5b89\u6392\u5728\u6b64\u540c\u6837\u9002\u7528\u3002<\/span><\/p>\n<figure id=\"attachment_619404\" aria-describedby=\"caption-attachment-619404\" style=\"width: 200px\" class=\"wp-caption alignright\"><img class=\"size-full wp-image-619404\" src=\"https:\/\/law.asia\/wp-content\/uploads\/2025\/10\/Jeffery-Quan-ETR-Law-Firm.jpg\" alt=\"Jeffery Quan, ETR Law Firm\" width=\"200\" height=\"250\" \/><figcaption id=\"caption-attachment-619404\" class=\"wp-caption-text\"><strong>\u5168\u671d\u6656<\/strong><br \/>\u9ad8\u7ea7\u5408\u4f19\u4eba<br \/>\u5e7f\u4fe1\u541b\u8fbe\u5f8b\u5e08\u4e8b\u52a1\u6240<\/figcaption><\/figure>\n<p class=\"Correspondent_Correspondent-Body-Chi\" style=\"text-align: justify;\"><span lang=\"zh-CN\">\u4e0a\u8ff0\u7279\u6027\u5728<\/span>RWA<span lang=\"zh-CN\">\u4e2d\u7684\u4f53\u73b0\u5c24\u4e3a\u663e\u8457\u3002\u65b0\u52a0\u5761\u9ad8\u7b49\u6cd5\u9662\u5728<\/span><em>By Bit Fintech Ltd v Ho Kai Xin and others (2023)<\/em><span lang=\"zh-CN\">\u6848\uff08\u4e0b\u79f0<\/span>\u201cByBit<span lang=\"zh-CN\">\u6848<\/span>\u201d<span lang=\"zh-CN\">\uff09\u4e2d\uff0c\u660e\u786e\u8ba4\u5b9a\u6cf0\u8fbe\u5e01\uff08\u4e00\u79cd\u5c06\u52a0\u5bc6\u8d27\u5e01\u4e0e\u6cd5\u5b9a\u8d27\u5e01\u7f8e\u5143\u6302\u94a9\u7684\u865a\u62df\u8d27\u5e01\uff0c\u4e0b\u79f0<\/span>USDT<span lang=\"zh-CN\">\uff09\u4e3a\u53ef\u4fe1\u6258\u8d22\u4ea7\uff0c\u56e0\u4e3a\u5176\u5177\u5907\u53ef\u8bc6\u522b\u6027\u3001\u53ef\u8f6c\u79fb\u6027\u548c\u4ef7\u503c\u7a33\u5b9a\u6027\u3002\u8be5\u6848\u6e90\u4e8e<\/span>ByBit<span lang=\"zh-CN\">\u5458\u5de5\u4e0d\u5f53\u8f6c\u79fb<\/span>100<span lang=\"zh-CN\">\u4e07<\/span>USDT<span lang=\"zh-CN\">\uff0c\u6cd5\u9662\u88c1\u5b9a\u516c\u53f8\u6709\u6743\u884c\u4f7f\u63a8\u5b9a\u4fe1\u6258\u4f5c\u4e3a\u6cd5\u5f8b\u6551\u6d4e\u624b\u6bb5\uff0c\u5f3a\u8c03\u4e86\u7a33\u5b9a\u5e01\u7684\u8d22\u4ea7\u5c5e\u6027\uff0c\u4ee5\u652f\u6301\u5f53\u4e8b\u4eba\u5177\u6709\u5b9e\u4f53\u6cd5\u4e0a\u7684\u8ffd\u507f\u6743\u3002<\/span><\/p>\n<p class=\"Correspondent_Correspondent-Body-Chi\" style=\"text-align: justify;\"><span lang=\"zh-CN\">\u865a\u62df\u8d44\u4ea7\u867d\u6e90\u4e8e\u533a\u5757\u94fe\u79bb\u6563\u5e03\u5c40\uff0c\u4f46\u5176\u6743<\/span><span lang=\"zh-CN\">\u80fd\u4ecd\u9700\u901a\u8fc7\u6cd5\u5f8b\u62df\u5236\u4e88\u4ee5\u786e\u8ba4\uff0c\u5426\u5219\u7531\u4e8e\u7f3a\u4e4f\u5bf9\u5e94\u7684\u57fa\u7840\u6cd5\u5f8b\u5236\u5ea6\u63d0\u4f9b\u6551\u6d4e\u4fdd\u969c\uff0c\u5bb9\u6613\u5f15\u53d1<\/span><span lang=\"zh-CN\">\u66f4\u591a\u540e\u7eed\u4e89\u8bae\u3002\u7a0b\u5e8f\u6cd5\u4e0a\uff0c\u6b64\u7c7b\u6848\u4ef6\u901a\u5e38\u9996\u5148\u6d89\u53ca\u7ba1\u8f96\u6743\u786e\u5b9a\u3002\u5982\u5728<\/span>ByBit<span lang=\"zh-CN\">\u6848\u4e2d\uff0c\u65b0\u52a0\u5761\u6cd5\u9662\u884c\u4f7f\u7ba1\u8f96\u6743\u7684\u91cd\u8981\u7406\u636e\u4fbf\u662f\u8d44\u4ea7\u8f6c\u79fb\u53d1\u751f\u5728\u672c\u5730\u4ea4\u6613\u5e73\u53f0\uff0c\u4f53\u73b0\u4e86<\/span>\u201c<span lang=\"zh-CN\">\u5168\u7f51\u70b9\u9762\u79bb\u6563\u5e03\u5c40<\/span>\u201d<span lang=\"zh-CN\">\u4e0b\u7684\u8de8\u5883\u6311\u6218\u3002\u6362\u53e5\u8bdd\u8bf4\uff0c\u57fa\u7840\u8d44\u4ea7\u4e00\u65e6\u6620\u5c04<\/span><span lang=\"zh-CN\">\u5230\u94fe\u4e0a\u540e\uff0c<\/span>RWA<span lang=\"zh-CN\">\u53ca\u7a33\u5b9a\u5e01\u7684\u65e0\u56fd\u754c\u6027\u4fbf\u66f4\u8981\u6c42<\/span><span lang=\"zh-CN\">\u7a0b\u5e8f\u6cd5\u5148\u884c\uff0c\u4ee5\u786e\u4fdd\u5728\u5404\u56fd\u8d44\u672c\u7ba1\u5236\u5236\u5ea6\u8fe5\u5f02\u7684\u60c5\u51b5\u4e0b\uff0c\u5404\u6cd5\u57df\u5b9e\u4f53\u6cd5\u80fd\u591f\u6709\u6548\u5b9e\u65bd\u3002<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"vantage-red\"><strong>\u98ce\u9669\u9694\u79bb<\/strong><\/span><\/h2>\n<p class=\"Correspondent_Correspondent-Body-Chi-no-indent\" style=\"text-align: justify;\">RWA<span lang=\"zh-CN\">\u53ca\u7a33\u5b9a\u5e01\u9700\u4e0e\u94f6\u884c\u5b58\u6b3e\u3001\u503a\u5238\u7b49\u57fa\u7840\u8d44\u4ea7\u5b9e\u8d28\u6302\u94a9\uff0c\u5e76\u901a\u8fc7\u5408\u540c\u7ea6\u5b9a\u3001\u5ba1\u8ba1\u5408\u5e76\u3001\u79bb\u5cb8<\/span>VIE<span lang=\"zh-CN\">\u7ed3\u6784\u6216\u4fe1\u4e49\u4e49\u52a1\u5b9e\u73b0\u98ce\u9669\u9694\u79bb\u3002<\/span>2022<span lang=\"zh-CN\">\u5e74\uff0c\u7b97\u6cd5\u578b\u7a33\u5b9a\u5e01<\/span>Terra UST<span lang=\"zh-CN\">\u5d29\u76d8\uff0c\u8bf4\u660e\u6280\u672f\u8131\u79bb\u4eba\u6587\u5236\u5ea6\u53ef\u5bfc\u81f4\u4e0e\u57fa\u7840\u8d44\u4ea7\u8131\u8282\u3002\u4e0e\u6b64\u540c\u65f6\uff0c\u50a8\u5907\u578b\u7a33\u5b9a\u5e01\u4e5f\u5b58\u5728\u5b9e\u4f53\u6cd5\u5c42\u9762\u7684\u6f0f\u6d1e\u3002<\/span>USDT<span lang=\"zh-CN\">\u53d1\u884c\u5546<\/span>Tether<span lang=\"zh-CN\">\u7684\u7cfb\u5217\u7f8e\u56fd\u8bc9\u8bbc\u8b66\u793a\u4e86\u50a8\u5907\u900f\u660e\u4e0e\u98ce\u9669\u9694\u79bb\u7684\u5fc5\u8981\u6027\u3002<\/span><\/p>\n<p class=\"Correspondent_Correspondent-Body-Chi\" style=\"text-align: justify;\">2021<span lang=\"zh-CN\">\u5e74\uff0c\u7531\u4e8e<\/span>Tether<span lang=\"zh-CN\">\u548c\u52a0\u5bc6\u8d27\u5e01\u4ea4\u6613\u6240<\/span>Bitfinex<span lang=\"zh-CN\">\u58f0\u79f0<\/span>USDT\u201c<span lang=\"zh-CN\">\u5b8c\u5168\u7531\u7f8e\u5143\u50a8\u5907\u652f\u6301<\/span>\u201d<span lang=\"zh-CN\">\uff0c\u7f8e\u56fd\u5546\u54c1\u671f\u8d27\u4ea4\u6613\u59d4\u5458\u4f1a\u5c31\u8be5\u865a\u5047\u9648\u8ff0\u5411<\/span>Tether<span lang=\"zh-CN\">\u548c<\/span>Bitfinex<span lang=\"zh-CN\">\u7f5a\u6b3e<\/span>4250<span lang=\"zh-CN\">\u4e07\u7f8e\u5143\u3002\u6b64\u5916\uff0c\u7ebd\u7ea6\u603b\u68c0\u5bdf\u957f\u8fd8\u5c31<\/span>Bitfinex<span lang=\"zh-CN\">\u632a\u7528<\/span>Tether<span lang=\"zh-CN\">\u50a8\u5907\u63a9\u76d6\u635f\u5931\u800c\u5bf9<\/span>Bitfinex<span lang=\"zh-CN\">\u7f5a\u6b3e<\/span>1850<span lang=\"zh-CN\">\u4e07\u7f8e\u5143\uff0c\u5e76\u4ee5\u548c\u89e3\u5904\u7406\u7684\u65b9\u5f0f\u4fc3\u4f7f\u5176\u9000\u51fa\u7ebd\u7ea6\u5e02\u573a\u3002<\/span>2025<span lang=\"zh-CN\">\u5e74\uff0c\u52a0\u5bc6\u8d27\u5e01\u501f\u8d37\u673a\u6784<\/span>Celsius<span lang=\"zh-CN\">\u53d1\u8d77\u8fdd\u53cd\u5408\u540c\u4e49\u52a1\u4e4b\u8bc9\uff0c\u6307\u63a7<\/span>Tether<span lang=\"zh-CN\">\u4e0d\u5f53\u6e05\u7b97\u6240\u62b5\u62bc\u7684\u56db\u4e07\u6bd4\u7279\u5e01\uff08\u4ef7\u503c\u903e<\/span>40<span lang=\"zh-CN\">\u4ebf\u7f8e\u5143\uff09\u3002\u7f8e\u56fd\u7834\u4ea7\u6cd5\u9662\u5141\u8bb8\u8be5\u8bc9\u8bbc\u7684\u63a8\u8fdb\uff0c\u5f3a\u8c03\u4e86\u5b9e\u4f53\u6cd5\u5c42\u9762\u7684\u4f18\u5148\u8f6c\u79fb\u8d23\u4efb\u3002<\/span><\/p>\n<p class=\"Correspondent_Correspondent-Body-Chi\" style=\"text-align: justify;\"><span lang=\"zh-CN\">\u98ce\u9669\u9694\u79bb\u9700\u6c11\u5546\u5408\u540c\u4e0e\u4fe1\u4e49\u4e49\u52a1\u652f\u6491\uff0c\u5426\u5219\u6280\u672f\u65e0\u6cd5\u670d\u52a1\u503a\u6743\u4eba\u3002\u7a0b\u5e8f\u6cd5\uff08\u5982\u7ba1\u8f96\u6743\u786e\u8ba4\uff09\u9a71\u52a8\u5b9e\u4f53\u6cd5\u5b9e\u65bd\uff0c\u5982\u5728<\/span>Celsius<span lang=\"zh-CN\">\u6848\u4e2d\uff0c<\/span>Tether<span lang=\"zh-CN\">\u5728\u82f1\u5c5e\u7ef4\u5c14\u4eac\u7fa4\u5c9b\u6ce8\u518c\uff0c\u6cd5\u9662\u9700\u5148\u786e\u5b9a\u5176\u5728\u7f8e\u56fd\u53d7\u8f96\u7684\u53ef\u884c\u6027\uff0c\u5f53\u4e2d\u6d89\u53ca\u56fd\u9645\u79c1\u6cd5\u7a0b\u5e8f\u662f\u5fc5\u8981\u7684\u3002<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"vantage-red\"><strong>\u7a0b\u5e8f\u6cd5\u4f18\u5148<\/strong><\/span><\/h2>\n<p class=\"Correspondent_Correspondent-Body-Chi-no-indent\" style=\"text-align: justify;\">RWA<span lang=\"zh-CN\">\u53ca\u7a33\u5b9a\u5e01\u7684\u79bb\u6563\u5e03\u5c40\u7c7b\u4f3c\u533a\u5757\u94fe\u7684\u5168\u7f51\u7279\u6027\uff0c\u8fd9\u8981\u6c42\u4f18\u5148\u89e3\u51b3\u7ba1\u8f96\u6743\u51b2\u7a81\u7b49\u7a0b\u5e8f\u6cd5\u95ee\u9898\uff0c\u4ee5\u786e\u4fdd\u5404\u6cd5\u57df\u5b9e\u4f53\u6cd5\u6709\u6548\u843d\u5730\u3002<\/span><\/p>\n<p class=\"Correspondent_Correspondent-Body-Chi\" style=\"text-align: justify;\"><span lang=\"zh-CN\">\u5728<\/span><em>True Coin LLC v. Techteryx, Ltd (2024)<\/em><span lang=\"zh-CN\">\u6848\u4e2d\uff0c\u65b0\u52a0\u5761\u6cd5\u9662\u53d1\u51fa\u53cd\u8bc9\u8bbc\u7981\u4ee4\uff0c\u963b\u6b62\u6295\u8d44\u516c\u53f8<\/span>Techteryx<span lang=\"zh-CN\">\u5728\u9999\u6e2f\u6cd5\u9662\u8d77\u8bc9\u7a33\u5b9a\u5e01<\/span>True USD<span lang=\"zh-CN\">\u7684\u53d1\u884c\u5546<\/span>True Coin<span lang=\"zh-CN\">\uff0c\u5f3a\u5236\u5e76\u5165\u65b0\u52a0\u5761\u4ef2\u88c1\u3002\u8fd9\u76f4\u63a5\u6d89\u53ca\u7a0b\u5e8f\u6cd5\u4e0a\u7684\u7ba1\u8f96\u6743\u51b2\u7a81\u3002\u6362\u53e5\u8bdd\u8bf4\uff0c\u7a33\u5b9a\u5e01\u76f8\u5173\u5408\u7ea6\u4e2d\u7684\u4ef2\u88c1\u6761\u6b3e\u4f18\u5148\u4e8e\u6cd5\u9662\u8bc9\u8bbc\uff0c\u4ee5\u786e\u4fdd\u6d89\u53ca<\/span>RWA<span lang=\"zh-CN\">\u53ca\u7a33\u5b9a\u5e01\u8de8\u5883\u7ea0\u7eb7\u7684\u9ad8\u6548\u89e3\u51b3\u3002\u8be5\u6848\u8d34\u5408\u5f53\u4e0b\u7a33\u5b9a\u5e01<\/span>4.0<span lang=\"zh-CN\">\u65f6\u4ee3\uff0c\u5f3a\u8c03\u7a0b\u5e8f\u6cd5\u5982\u4f55\u67b6\u63a5\u5b9e\u4f53\u6cd5\uff08\u5982\u5408\u7ea6\uff09\u7684\u540c\u6b65\u843d\u5b9e\u4e0e\u6267\u884c\u3002<\/span><\/p>\n<p class=\"Correspondent_Correspondent-Body-Chi\" style=\"text-align: justify;\"><span lang=\"zh-CN\">\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u524d\u8ff0<\/span>Tether<span lang=\"zh-CN\">\u7cfb\u5217\u7f8e\u56fd\u8bc9\u8bbc\u4e32\u8054\u8d77\u7a33\u5b9a\u5e01\u4ece<\/span>\u201c<span lang=\"zh-CN\">\u91ce\u86ee\u751f\u957f<\/span>\u201d<span lang=\"zh-CN\">\u5230\u76d1\u7ba1\u6536\u7d27\u7684\u53d9\u4e8b\u3002\u5c31\u7a0b\u5e8f\u6cd5\u800c\u8a00\uff0c\u7f8e\u56fd\u6cd5\u9662\u5e38\u884c\u4f7f\u957f\u81c2\u7ba1\u8f96\uff0c\u5373\u57fa\u4e8e<\/span>Tether<span lang=\"zh-CN\">\u5bf9\u7f8e\u56fd\u5e02\u573a\u7684\u5f71\u54cd\uff0c\u786e\u4fdd\u5b9e\u4f53\u6cd5\uff08\u5982\u8bc1\u5238\u6cd5\u3001\u53cd\u6d17\u94b1\u6cd5\uff09\u9002\u7528\u3002<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"vantage-red\"><strong>\u7ed3\u8bed<\/strong><\/span><\/h2>\n<p class=\"Correspondent_Correspondent-Body-Chi-no-indent\" style=\"text-align: justify;\"><span lang=\"zh-CN\">\u603b\u4f53\u800c\u8a00\uff0c<\/span>RWA<span lang=\"zh-CN\">\u53ca\u7a33\u5b9a\u5e01\u867d\u5c5e\u6280\u672f\u9a71\u52a8\uff0c\u4f46\u6cd5\u5f8b\u4e1a\u52a1\u94fe\u6761\u9700\u8981\u7a0b\u5e8f\u6cd5\u5148\u884c\uff08\u5982\u7ba1\u8f96\u6743\u786e\u5b9a\uff09\uff0c\u518d\u8f85\u4ee5\u5b9e\u4f53\u6cd5\uff08\u5982\u8d22\u4ea7\u4fe1\u6258\u3001\u5408\u540c\u4e49\u52a1\uff09\u592f\u5b9e\u6cd5\u5f8b\u5236\u5ea6\u5b89\u6392\u3002\u4ece\u7b97\u6cd5\u7a33\u5b9a\u5e01\u7684\u6ca1\u843d\u8b66\u793a\uff0c\u82e5\u5ffd\u7565\u6b64\u94fe\u6761\uff0c\u6280\u672f\u518d\u5148\u8fdb\u4e5f\u96be\u843d\u5730\u3002\u968f\u7740\u65b0\u52a0\u5761\u3001\u4e2d\u56fd\u9999\u6e2f\u53ca\u7f8e\u56fd\u5728\u6cd5\u5f8b\u4e0a\u9646\u7eed\u6b63\u5f0f\u8981\u6c42\u50a8\u5907\u5ba1\u8ba1\u3001\u7528\u6237\u4fdd\u62a4\u548c\u5168\u7403\u76d1\u7ba1\u8d8b\u540c\uff0c<\/span>RWA<span lang=\"zh-CN\">\u53ca\u7a33\u5b9a\u5e01\u6216\u80fd\u66f4\u6709\u76ca\u4e8e\u6fc0\u6d3b\u57fa\u7840\u8d44\u4ea7\u3002\u8de8\u5883\u7ba1\u8f96\u95ee\u9898\u4ecd\u662f\u5f53\u524d\u4e00\u5927\u6311\u6218\u3002<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #808080;\"><strong>\u5e7f\u4fe1\u541b\u8fbe\u5f8b\u5e08\u4e8b\u52a1\u6240\u9ad8\u7ea7\u5408\u4f19\u4eba\u5168\u671d\u6656\uff0c<\/strong><\/span><span style=\"color: #808080;\"><strong>\u5b9e\u4e60\u52a9\u7406Ray Chuen\u5bf9\u672c\u6587\u4ea6\u6709\u8d21\u732e<\/strong><\/span><\/p>\n<section class=\"format-info\">\n<p style=\"text-align: justify;\"><strong><img class=\"aligncenter wp-image-181701\" src=\"https:\/\/law.asia\/wp-content\/uploads\/2020\/07\/ETR-Logo.jpg\" alt=\"\" width=\"250\" height=\"161\" srcset=\"https:\/\/law.asia\/wp-content\/uploads\/2020\/07\/ETR-Logo.jpg 600w, https:\/\/law.asia\/wp-content\/uploads\/2020\/07\/ETR-Logo-300x194.jpg 300w\" sizes=\"(max-width: 250px) 100vw, 250px\" 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