Hong Kong Computer Society: Regulatory Sandbox 2.0 can be set up to test new governance tools, develop on-chain compliance protocols, etc.

PANews reported on April 11 that according to a report by Hong Kong media Dongwang, the Hong Kong Computer Society pointed out that the Hong Kong Securities and Futures Commission has announced the ASPI-Re virtual asset supervision roadmap, but supervision needs to strike a balance between innovation tolerance and systemic risks, including:

1. A regulatory sandbox 2.0 can be set up to test new governance tools (such as DAO voting to participate in regulation);

2. It can promote cross-border regulatory alliances to develop on-chain compliance protocols and reduce cross-border operating costs for enterprises;

3. A negative list management model can be introduced. Except for explicitly prohibited behaviors (such as anonymous coin mixing), the industry is allowed to exercise self-discipline based on the risk principle in other areas.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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