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    加密管不管2 2023/02/16 飛地書店 西門町 --- 主持人:Li-Ying Wang 有準備簡報的講者:陳靜芳 自我介紹 --- HouseKeeping: Crypto Reglulation Study Group 細水長流、硬核交流 1. 法規政策資訊分享 2. 簡報 Drive Free Access [Crypto Regulation Study Group (20230216).pptx - Google 簡報](https://docs.google.com/presentation/d/1JaNh1rfcopKrHU8KKg8Zhfbjk2_GPB_p/mobilepresent?slide=id.p95) --- 陳律:MiCA 歐洲議會提出的規範 主要國家加密貨幣監理架構概述(簡報之後會提供) 首先抱怨一件事,台灣人喜歡抄,MiCA是第一部有關加密產業的法規。 MiFID 2008 歐盟金融工具市場指令 開放 vs. 穩健 往往穩健會贏,因為消費者保護、社會輿論、既有產業監理。電票、電支、Crypto 搶了既有的蛋糕。憑什麼監理要低,銀行要高? Crypto = 輕型產業 MiCA 執法效果如何仍需觀察。 現在是很好的時間點,當金融工具成熟,不用再把台灣從業者當嬰兒。產業密集、資金密集產業,台灣有彎道超車的機會。 影響力評估,對內哪些公司夠規範影響?法遵成本提高多少?是否可能出走?對外是否足以吸引人才到台灣設立公司或投資? (法令確定性及可預測性) Web3 投資特性:除了錢進來,人也會進來,互動很熱烈。流動快,近來快,出去也快。 只要法規出來,就會有[[法規競賽]] 歷經牛熊的企業會尋找好的環境(如新加坡、香港),新加坡趨嚴因為 FTX,香港說要開放 流動高速 台灣精神意志符合Web3結構想像。 中港人如何移動,甚至到台灣?或許有更聰明的解決方式。 引進資金,驗資程序讓台灣登記公司的流程較慢。 法規的確定性及可預測性。 話要說清楚:(古老的問題)通常業者與行政機關溝通,結果司法機關打槍,名為司法獨立,若可預測性,法遵成本將提高。 法律人習慣行政機關具有法令的解釋空間,若觸犯到灰空間會有詮釋空間,走民事訴訟。 [銀行法 29 條]([銀行法§29-全國法規資料庫 (moj.gov.tw)](https://law.moj.gov.tw/LawClass/LawSingle.aspx?pcode=G0380001&flno=29) 司法合作,跨國犯罪只要跑到外面就追不了了 假設今天遇到詐騙,有無可能一天之內找到相關單位,控制錢包。 Crypto 落地的主要理由: 1. 投資需求,設立在哪裡成本最低,投資人會最開心(如BVI hmm、新加坡就可以) 2. 成本,報稅考量 3. 項目跟人,這個地方的生態系多不多,相關工作者夠不夠多 4. 司法,Rug 玩要不要告 具有證券性質的 token 成本會高很多 MiCA 2022/6/30,2023 年表決,2024 年實施 排除內容 1. NFT 不一定 2. DEFI、DAO 3. SBT 分級監管:電子貨幣代幣、資產參照代幣(算法穩定幣)、功能型代幣 監理制度:揭露制度、加密資產服務的授權制度、加強董事會問責 屬人主義+屬地主義 歐盟,階層,法規競賽 MiFID 命令屬性,還需要國內法化 MiCA 是法令,比較剛性 觸發嚴格的監理 重要資產參照代幣 合格投資者 大叔提問: 聯盟鏈 - 功能型代幣 - 閉環 - 供應鏈 AR, AP: 1. AP全稱“Accounts Payable”,表示應付賬款。 2. AR 全稱“Accounts Receivable”,表示應收賬款。 陳律 Comment 希望台灣不要像是 MiCA 這樣, 歐洲人架構清楚,全世界有領導作用 --- Kraken 2023/02/29 SEC vs. Kraken Hester M. Peicer 避風港機制 - 終極目標為高度去中心化 陪伴與觀察,被要求和解 技術問題,儲備證明,零知識證明 --- Li. Ying Escrow 交易的 Smart Contract 是否可以 Readable Code is law Lexon Leo: 李嘉圖合約 陳律:這很像支付寶的觀念 資料自主化 數據識讀 1. No Regulation 2. Self-regulation 3. Co-regulation 4. Statutory Regulation --- Joseph Web3 到現在都還沒有用到 Web3 的特性,就是 Trustless 台灣市場,投資散戶台灣絕對不小世界級, 台灣是一個獨特的存在,特別集權,到目前為止,行政系統自制力非常好,奇妙平衡 這個穩態,該如何設計系統,會跟其他國家很不一樣(因為戶籍資料、資料成熟) 育名:FTX 台灣是第三大受災戶,台灣人賭性堅強,獲客成本低 不是要不要管,而是如何管 商業模式,保障用戶,合規, 試著合規,因為要拓展市場 業者要落地,要適用當地法規 幣安的重點, MiCA 是金融法規的延伸 DAO GImmy: Rug Pull 鎖倉 市場操縱 \- 合約漏洞 Mango 寶成:好的監管與壞的監管如何看待? Kenneth 日本人開始去新加坡 新加坡當時會各種Conference教你寫License Li Ying 金融監理沙盒 - 台灣的監管機關並沒有看到新興金融的優勢 Eric MiCA 是否只是處理中心貨幣的概念? Joseph 去信任、去中心化 寶成: 1. 殖民社會,政府不屬於人民 2. 自由世界,政府與人民心理同一邊 反應民意 內需經濟

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