Hong Kong Computer Society: Can establish Regulatory Sandbox 2.0 to test new governance tools, develop on-chain Compliance protocols, etc.

PANews, April 11 news, according to Hong Kong media East Net, the Hong Kong Computer Society pointed out that the Hong Kong Securities and Futures Commission has announced the ASPI-Re virtual asset regulatory roadmap, but regulation needs to strike a balance between innovation tolerance and systemic risk, including:

1. Establish a regulatory sandbox 2.0 to test new governance tools (such as DAO voting participation in regulation);
2. It can promote cross-border regulatory alliances to develop on-chain compliance agreements and reduce cross-border operating costs;
3. A negative list management model can be introduced, where all behaviors other than those explicitly prohibited (such as anonymous coin mixing) are allowed for the industry to self-regulate based on the principle of risk.