Deng Jianpeng: Focus on scientific legislation to promote the supervision and governance of blockchain

On January 16, Deng Jianpeng of the Central University of Finance and Economics issued a paper "Blockchain's Legalization Supervision Needs Great Wisdom", claiming that assets with blockchain as the underlying technology are likely to have "gaseous" characteristics. As a result of the government's ability to supervise, this disruptive innovation has impacted existing rules and market order, and intensified international competition and challenges. In this regard, it is necessary to abandon the highly volatile policies and sports enforcement, and consider introducing a regulatory sandbox mechanism to help regulators play a constructive role in innovative supervision; focus on the leading and promoting role of scientific legislation in blockchain supervision and governance ; Focus on top-level design and industry self-discipline; strictly enforce the spirit of the rule of law, and make the supervision and risk treatment legal.