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

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PANews
04-11
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PANews reported on April 11 that according to Hong Kong media East Net, the Hong Kong Computer Association pointed out that the Hong Kong Securities and Futures Commission has published the ASPI-Re virtual asset regulatory roadmap, but regulation needs to balance innovation tolerance and systemic risks, including:

1. Establishing a regulatory sandbox 2.0 to test new governance tools (such as DAO voting participation in regulation);

2. Promoting cross-border regulatory alliance to develop on-chain compliance protocols, reducing cross-border operational costs for enterprises;

3. Introducing a negative list management model, where except for clearly prohibited behaviors (such as anonymous coin mixing), other areas allow the industry to self-regulate based on risk principles.

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