OSL: Regulated licensed exchanges may drive the industry to transform from “technology-driven” to “regulatory-driven”

Odaily Planet Daily News OSL Executive Director and Regulatory Affairs Director Diao Jiajun said that in the context of the global digital asset volume exceeding 3 trillion US dollars, the growth rate of security incident losses during the same period far exceeded the market expansion, which also exposed the limitations of pure technical protection. Security, as the lifeline of industry development, is no longer just a game of code, but a competition of rules and systems. To some extent, the digital asset industry needs to make up for the shortcomings of the system and realize the transformation from "technology-driven" to "system-driven". Diao Jiajun emphasized that compared with offshore exchanges, regulated licensed exchanges have a more complete risk control system and compliance framework through the multiple guarantees of "technology + system + law", and are expected to become a solid cornerstone for systemic risk management.