CertiK publishes views on cryptocurrency regulation, expects Hong Kong government to pay attention to security issues

Odaily Planet Daily News In the recent roundtable discussion of the Encryption Forum of the University of Hong Kong, Cao Yaxin, Chief Operating Officer of CertiK, shared his views on the trend of global digital asset regulation. He pointed out that while the United States maintains a lead in technological innovation, it lags significantly behind in terms of regulatory framework. Cao Yaxin also mentioned frequent security issues in the industry, such as project attacks and fund theft. He believes that the development of industry standards by governments and regulators will play an important role in the transparency and confidence of the entire community. He emphasized that only under the premise of confidence, more people will join this industry. Finally, Cao Yaxin also raised some practical issues, such as what information should be exchanged when funds flow to an exchange, and under what circumstances should funds be frozen. He believes that this is not just a technical issue, but more of a regulatory issue. He hopes that the Hong Kong government and other governments can take time to conduct in-depth research and bring greater confidence to the industry.