The Economist: The current regulation of the STO does not keep up with the rapid development of blockchain technology.

According to the Securities Daily of August 26, Zheng Lei, chief financial officer of Baoxin Financial in Hong Kong, said that security tokens are the key to security in the form of blockchain tokens and that they do not impose any restrictions on investors. and businesses. Such as customers or services. Depending on the type of security, advertising and distribution should be subject to control in accordance with the provisions of law, regulations and administrative regulations. Whether it's an electronic device or a symbol of security, it's the technology and devices outside the network that really need more attention. Although some countries and large financial institutions have started to use STOs, STOs are still in the early stages of development, and oversight in this area is still neglected and cannot be regulated by the rapid installation of blockchain technology.